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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. Keep reading for some tips to help spark the planning process.

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Can I Go into Retirement Early With FIRE?

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If any of these scenarios sound ideal, you may be dreaming of a FIRE retirement lifestyle. It’s a movement that helps people take control of their financial independence by making trade-offs, such as extreme saving and budgeting early in their careers, to retire earlier in life—often decades ahead of a conventional retirement plan.

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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

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But finding the right resolution for you—one that you will actually keep—isn’t an easy process. Once you’ve identified your areas of focus, plan your approach by setting SMART goals. That is, goals that are specific, measurable, attainable, relevant to your needs and time-bound. Maintain a positive and resilient mindset.

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Investing Basics You Need to Understand

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You may know the best way to reach financial security is to invest rather than save, but you need clarification about how to do it outside your company retirement plan. Although investing feels enormous and complicated, understanding the investing basics and its purpose, your risk tolerance and some terminology can make the process easier.

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The Silent Crisis Of Workplace Loneliness: 9 Ways To Foster Genuine Connections At Work

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Employers can use this scale to check on employees during transitional periods (such as parenthood, relocation, divorce, and retirement), as significant life changes often correlate with increased loneliness. The ultimate goal is to create a sense of connection for individuals, regardless of their background or situation.

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Everything You Need to Know About Emergency Funds

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Because you’ve thought ahead and set aside money for a rainy day, you’re less likely to use a high-interest credit card, take cash out of your retirement accounts or try to access the equity you may have built up in your home. Instead of getting discouraged, try breaking the bigger goal into smaller pieces to make the process more manageable.

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4 Ways To Financially Support Your Employees (Other Than Raises)

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The recent Workplace Wellness Survey by the Employee Benefit Research Institute ) blames inflation for workers’ poor financial health, as 80% of respondents said that debt and an inability to plan for the future is “ a problem.” They teach employees how to budget, plan, and prepare for anything. So what can companies do?