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7 Tips to Help You Plan for Retirement

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Retirement planning is usually the most significant financial goal people will work toward. No matter where you are in your career, considering how to plan for retirement is essential so you can spend your golden years on your terms. Determine how much income you’ll need to plan for retirement.

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Why Mexico’s Richest Businessman Believes In Shorter Workweeks

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“Nations wouldn’t have to face early retirements that are financially destabilizing,” said Slim. . People can take advantage of those extra days to keep learning.” . According to Slim, no, because companies that can accommodate this shift have excess employees. But doesn’t a shorter workweek mean less pay?

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What is a SIMPLE IRA? Everything You Need to Know

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Most people are familiar with retirement savings plans, like a 401(k) or a Roth IRA. It’s an easy-to-manage retirement account that lets you make tax-deferred contributions. Keep reading to learn more about this retirement plan and how it stacks up against other options. A SIMPLE IRA is just one of these plans.

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The Biggest Financial Mistakes to Avoid in Your 20s

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In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. Leaving money on the table Financial planners advocate for maximizing retirement savings to meet employer matches. You have to balance a sense of security with a robust life in your 20s.”

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Lawsuits, Lost Expertise And Bad Morale: The Steep Risks Of Ignoring Older Employees

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She says that all companies need to create and enforce hiring and employment policies to reduce ageism. . Age discrimination occurs when a manager or boss treats an applicant or employee less favorably due to their age, which applies to younger people with less experience as well as older people who are close to retirement age.

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Do I Need to Buy Life Insurance?

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Keep reading to learn about the different types of life insurance policies, how to determine if you need to buy it, and how much your policy should be worth. Life insurance is a contract between you and an insurance company to provide a lump sum of money to your heirs after your death. What is life insurance?

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The Biggest Financial Mistakes to Avoid in Your 20s

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In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. Leaving money on the table Financial planners advocate for maximizing retirement savings to meet employer matches. You have to balance a sense of security with a robust life in your 20s.”