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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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How to Break Up with Your Business Partner

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Breaking up is never easy. Breaking up with your business partner can be harder than breaking up with your man,” Emerson says. Similarly, Emerson urges entrepreneurs to be guided by peace of mind—even if it means you end up with a little less money than you think you deserve. David MacVean. I was dumbfounded.

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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. and globally, with each location bringing in up to nearly $2 million in revenue.

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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. But even with inflation going down, I knew I could be setting myself up for disappointment. Consider it my gift to you, my fellow budgeters. I honestly love gift-shopping.

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What Are I Bonds and Should I Buy Them?

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During times of high inflation, the interest on regular savings accounts can’t keep up with rising prices. They have a minimum purchase amount of $50 and increase in increments of $100, $200, $500 or $1,000 up to the annual limit of $5,000. You must hold I bonds for at least 12 months, but you can let them mature for up to 30 years.

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

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Movies typically follow a three-act structure: the set-up of our hero, the confrontation they face, then the resolution. Jordan sadly passed away this month at age 67, but among the legacies he leaves is this: It’s never too late to pivot to your next act or career, and one need not wait until retirement to explore a new passion.