Remove Expenses Remove Industry Remove Mentoring Remove Retirement
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As I Enter My 60s, Here’s the Advice I Would Give to My Younger Self

Success

Now, as I watch the media industry implode, see companies downsize or fold completely, feel empathy for so many people getting laid off and read stories about pay inequity between men and women in similar roles, I’m so glad my business, my income and my future rests solely in my hands. I wanted the “security” of a job.

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Lessons From Past Recessions

Success

What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? Am I anticipating any major life events with significant expenses attached (like a new baby or retirement)? How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)?

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44 Ways to Kick-Start Your New Year

Success

I want my financial future to be bright and to have no worries when I’m older and ready to retire. Find a mentor. I want to evaluate my cost-of-living expenses and see where I can cut back. Ask questions of mentors and peers. Review your expenses as a couple. Brandy Jules , former SUCCESS staff writer.

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16 Rich Habits

Success

Try to stash six months of living expenses in an emergency fund in case you lose your job or your business goes belly-up. Contribute as much as you can afford to a retirement plan. Get a mentor. Among the wealthy, 93 percent who had a mentor attributed their success to that person. Set goals, not wishes.

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How to Launch a New Career After 50

On The Job

It’s estimated that more than one in four Americans are tapping into their retirement savings accounts such as 401(k)s to meet non-retirement needs, but such a strategy can mean it may require people to work longer, especially since company-provided pensions are now provided to only one-in-five workers.

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The Power of the Strategic Partnership Whitepaper

Admin Awards

For Kathleen Earley, who recently retired as Executive Assistant to the President and CFO Emeritus at Salesforce and spent 50 years as an Admin, it’s all about staying ahead. “You may still have to do travel and expense reports, but you should look at everything from a larger mindset, a wider scope,” she says.

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Answering Reader Mail: How Long is it Fair to be a Temp for a Job?

Musings of a High-Level Executive Assistant

It is known that age only plays a factor because the more years you have worked for a company the more expensive an employee is because of their salary, overtime, and other perks/benefits that are considered in the overall compensation package (401k matching, retirement, etc). However, this is what I’ve learned.

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