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The 8 Biggest Financial Mistakes to Avoid in Your 60s

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People in their 60s often face the decades in two parts: the run-up to retirement and retirement itself. Although retirement may have a date on the human resources calendar, it can—and perhaps should—involve years of transition. They’ve been in this accumulation mode of building up their assets,” she says.

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5 Long-Term Financial Goals and How to Achieve Them

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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. Most people enter the workforce with over 30 years until retirement, so the sooner you can start saving, the more wealth you can build.

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These Top 10 Celebrity Franchise Owners Are Winning Outside the Limelight, Too

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The franchise’s profitability might explain why he gave one of his Wingstop locations to his son as a gift for his 16th birthday. Drew Brees The former NFL quarterback scored a touchdown in retirement with his investment in multiple franchises. According to Ross, the franchises generate roughly $7 million for him annually.

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5 Smart Money Hacks to Help You Budget for the Holidays

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With the economy making everyone extra cautious about spending , I really wanted to give myself the gift of not worrying about money this holiday season. Consider it my gift to you, my fellow budgeters. I honestly love gift-shopping. They also double as a kind of mini gift to yourself when you file your tax return in April.

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What Leslie Jordan’s Legacy Can Teach Us About Pivoting to a Third Act

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And in life, often your first act is devoted to childhood and education, your second to career and family and your third, following retirement, is how you choose to fill your golden years in service to the legacy you wish to leave. Leslie Jordan: Repurposing Your Gifts. Novels have a beginning, middle and end.

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The 2021 Productivityist Holiday Gift Guide

Productivityist

Last year, I made a video for my YouTube channel recommending 10 gift ideas for the (aspiring) productive person in your life. It’s 2020 and it’s time for a new holiday gift guide. ” Getting this book as a gift for someone would be a good choice. But that was last year. Let’s start with books. Freewrite.

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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.

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