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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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Everything You Need to Know About Emergency Funds

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If you’ve ever had to pull out a credit card to deal with a dentist or emergency vet bill, you likely know the pain of wondering how you’ll pay for an unexpected expense. An emergency fund is a safety net of money for unexpected expenses. Or maybe you unexpectedly lost your job and finding a new one is taking longer than expected.

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What Is My Net Worth?

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You may be spending more than you earn and using credit cards to help you cover expenses. A zero net worth is going in the right direction, but you still likely need to reduce your expenses or make more to prepare for the future. Spend some time brainstorming ways to cut expenses and earn more, but also be patient with yourself.

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Who’s Stuck With The Bill?

Allwork

Often, the amount paid towards remote work expenses depends on whether the job is full time or freelance, and the seniority of the employee’s position. And then you will probably need some office furniture, which can be expensive, especially if you want to ensure proper ergonomics when it comes to your perfect workstation. .

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Do I Need to Buy Life Insurance?

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People purchase life insurance to help their families replace lost income and cover final expenses after death. Remember: The larger the policy amount or the longer you want the policy to be in effect, the more expensive the premiums. To calculate how much insurance to buy, some experts recommend multiplying your salary by eight.

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Answering Reader Mail: Can an EA salary support a family?

Musings of a High-Level Executive Assistant

I believe you can raise a family on an EA salary whether alone or with a significant other. Always buy the most expensive health insurance you can afford. You should have 3 savings accounts - retirement, rainy day, and emergency. Retirement is your 401k, CDs, cash, etc. Always remember, the best things in life are free!

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5 Reasons Being Self Employed Sucks

Productivity Bits

Retirement Benefits. Contributions to a retirement plan are usually matched by an employer, and many businesses offer pensions and other benefits to ease the transition into old age. In the United States, medical, dental, and vision insurance is usually covered by an employer sponsored plan. No Paid Vacation.