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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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Can I Go into Retirement Early With FIRE?

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If any of these scenarios sound ideal, you may be dreaming of a FIRE retirement lifestyle. It’s a movement that helps people take control of their financial independence by making trade-offs, such as extreme saving and budgeting early in their careers, to retire earlier in life—often decades ahead of a conventional retirement plan.

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Do Women Need to Save More When Planning for Retirement?

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While the gap shifts based on age, race and other factors, the harsh truth is, when planning for retirement, most women have to work harder to save the same amount as men. While we work on changing this reality for our daughters, women can also take steps now to ensure they’re ready for whatever comes their way in retirement.

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A Veteran of the Digital Nomad Community Offers Her Best Tips for the Location-Independent Lifestyle

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Is it feasible for Digital Nomads to save up for retirement, even if they aren’t living in one place and are unable to contribute to traditional retirement plans? There are a lot of options out there to save for retirement , and most of them aren’t restricted by being a digital nomad. Absolutely. Photos courtesy of Krystal Pino.

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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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To help protect your financial future, learn about how to prepare for retirement in your 50s, the biggest financial mistakes people make at this juncture and how to avoid them, according to financial planners. Guessing at your budget isn’t going to cut it when you approach retirement,” she says. “A Most people are still 17 years away.”

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The 6 Biggest Financial Mistakes to Avoid in Your 30s

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For many, it’s a decade during which they are buying their first home, having children and upgrading their lifestyle. It could be down payment money for a home, putting [funds] toward a young child’s education or investing in retirement. However, it’s not just lifestyle creep that’s causing this growing debt.

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The Biggest Financial Mistakes to Avoid in Your 40s

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Others may be trying to maximize their retirement savings while filling in the gaps of their parents’ savings. For example, some clients may want to delay retirement contributions because cash flow is a concern today. In the long-run, this can lead to underfunding retirement funds.