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5 Long-Term Financial Goals and How to Achieve Them

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What are long-term financial goals and why are they important? Long-term financial goals are your money objectives that will take more than a few years to achieve. Your long-term goals are an important aspect of your financial health. These goals provide motivation, direction and discipline when managing your finances.

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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

Financial wellness programs can help alleviate financial stress and improve overall employee well-being by providing education, resources, and tools for effective financial management. They offer strategies for asset allocation, compounding interest education, and guidance on navigating retirement accounts such as 401(k) plans and IRAs.

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7 Apps to Teach Kids About Money

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A 2017 study found that disparities in financial literacy may account for as much as 40 percent of the wealth gap between those retiring with more and those retiring with less. Meanwhile, only 21 states required a personal finance course for high school students in 2020, according to the Council for Economic Education.

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Consulteering - A New Approach to Retirement

Small Business Labs

Work a Little, Play a Little: A New Retirement Strategy from the New York Times covers the  growing trend towards people working part-time in retirement.   The article focuses on a retired educator who has put together a portfolio of activities to meet his goal of “balancing a life of leisure with a life of purpose.”.

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Investing Basics You Need to Understand

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You may know the best way to reach financial security is to invest rather than save, but you need clarification about how to do it outside your company retirement plan. Keeping this money accessible and safe, rather than growing it as much as possible, is your primary goal so that it’s available when you need it.

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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

Success

It all started with a goal. In the two years since accomplishing that goal, I have gone on to start a multi-seven figure business; attracted a social media audience of more than 3 million; hosted the No. I wanted to save $100,000 by age 25. This ideology became the driving force behind everything I strive to do in life and business.

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How to Choose a Robo-Advisor

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Determine your goals. As with any investment strategy, it’s important to start by understanding your goals. As you look at various robo-advisors, make sure you’re keeping your goals and targets in front of you to help ensure that you’re picking the best option for you. What kind of accounts are provided?