Remove Cost Remove Retirement Remove Stress Remove UPS
article thumbnail

Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. The implications of such financial distress are profound, costing U.S. businesses approximately $40 billion in lost productivity in 2022 alone.

article thumbnail

The 8 Biggest Financial Mistakes to Avoid in Your 60s

Success

People in their 60s often face the decades in two parts: the run-up to retirement and retirement itself. Although retirement may have a date on the human resources calendar, it can—and perhaps should—involve years of transition. They’ve been in this accumulation mode of building up their assets,” she says.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Biggest Financial Mistakes to Avoid in Your 20s

Success

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. Knowing their numbers is particularly important for freelancers, gig workers and/or people with side hustles —types of work that members of Gen Z are increasingly picking up.

article thumbnail

Science Fiction To Reality: How Anti-aging Drugs Will Upend The Future Of Work

Allwork

This remarkable drug also safeguards against processes that lead to disease, such as oxidative stress. Careers will necessarily become longer, and the retirement age will have to be pushed back, not only so individuals can support themselves, but to avoid overtaxing a nation’s social security system,” wrote Ker Than.

Medical 246
article thumbnail

4 Smart Money Moves to Plan for Financial Security

Success

Besides all the external factors that have essentially set them up for, well, failure (think the Great Recession and the COVID-19 pandemic), only 16% of millennials can be considered financially literate, according to George Washington University’s Global Financial Literacy Excellence Center. Start a retirement plan.

article thumbnail

5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

As a freelancer, it’s essential to ensure you know what to expect, so you don’t accidentally wind up with a huge tax bill. So, keeping up with all of the new rules about standard deductions, tax credits and other requirements can make anyone’s head spin, especially if it affects how much you have to pay. Every dollar counts.

Filing 278
article thumbnail

5 Smart Money Hacks to Help You Budget for the Holidays

Success

But even with inflation going down, I knew I could be setting myself up for disappointment. So, how can we enjoy the holidays without stressing about the inevitable dent they’ll leave in our savings? But the stress of starting the new year already over budget detracts from the fun of finding items friends and family will love.

Budget 328