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5 Long-Term Financial Goals and How to Achieve Them

Success

Your long-term goals are an important aspect of your financial health. Save for retirement Expected time: 10-35 years Account types: Retirement plans including IRAs, 401(k)s and pensions Planning for retirement is one of the most common long-term financial goals.

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How to Know If You’re Financially Ready to Start a Business

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For example, if a relative gives you an intrafamily loan, they’ll want to charge a minimum interest rate so it doesn’t count as a gift (which would trigger gift taxes). Are you currently earmarking 15% to 20% of your income for retirement? Remember that the more you use as leverage for loans, the bigger the risk.

Expenses 342
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Do I Need to Buy Life Insurance?

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The premium is generally calculated based on the age, gender and health of the person purchasing the policy, among other factors. Others say to multiply your annual salary by the number of years you have before retirement. As part of your research, consider the financial health of the company.

Policies 249
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SUCCESS’ 2024 Women of Influence

Success

Nominating a woman for an award isn’t just a gesture; it’s a gift of recognition, motivation and celebration. When she was a junior in high school, Arrington founded the nonprofit ScholarCHIPS, an organization that provides college scholarships, mentoring, mental health support and a peer support network to children of incarcerated parents.

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Steel Magnolias, Barbie, and Other Wise Women – In Celebration of a Complicated Women’s History Month By Bonnie Low-Kramen

Bonnie Low-Krayman

Jennifer Fraser, PhD on empathy Author of The Bullied Brain: Heal Your Scars and Restore Your Health There has never been a more critical moment for women to harness their hard-wired empathy. Carol Cozewith on listening to the advice of others Retired Designer My advice to my granddaughters and all young women is this.

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How to Break Up with Your Business Partner

Success

For others, it might be putting the health of the business first. CEO Company: Security Investment Partners , an investment management firm in San Diego Reason for Breakup: Disagreement over partner’s retirement date Winning Strategy: The partner eventually left with a clean break and joined another firm, keeping the friendship intact.

UPS 257
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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. I’m working on taking time off for visits, but in the meantime I’ll reconnect the old-fashioned way by writing, sending cards throughout the year; little gifts the family might enjoy, too. For health? Build value every day.

Mentoring 345