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In Retirement, Olympic Gold-Medalist Michael Phelps Is a Mental Health Advocate

Success

He has been transparent about his mental health struggles , including describing a crippling bout with depression in which he didn’t leave his room for four days. We want to move forward,” Phelps, who retired from swimming after the 2016 Olympics, tells SUCCESS. “We But optimism is not Phelps’ default position. We want to have hope.

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3 Steps to Take Before Going Into Business for Yourself

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A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. Next, you’ll need to consider your current company benefits such as health insurance and retirement plans.

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71% Of Workers Experienced Financial-Driven Anxiety This Year

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The poll shows that only 40% of workers consider themselves as financially secure, representing a 9-point decrease from 2021. . In fact, 75% of respondents said that the current market has hindered their retirement savings, leading 28% to dip into these accounts for some expenses.

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Hospitals Adapt To Nurse Shortages By Using Apps To Recruit

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What’s going on: Hospital systems such as Providence and Advocate Health, two of the country’s largest health systems, are using ‘gig apps’ like ShiftKey and CareRev to attract nurses. ShiftKey enables employees to place bids on hospital shifts.

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4 Smart Money Moves to Plan for Financial Security

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They don’t have a purpose for the money they’re saving, and they often end up splurging on stuff they don’t really need (or want) rather than using it to fund a life goal such as buying a house or saving up for retirement. Start a retirement plan. You’re young, and retirement probably feels light-years away.

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U.K. Sees Surge in Part-Time Workers Over 50, New Retirement Challenges

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This marks a 12% increase since 2021 and a 56% surge over the past two decades. These demographic changes are not statistical anomalies, as they represent a broader change in how people perceive work and retirement. Rather than abruptly ending their careers, many are choosing a gradual transition into retirement. In the U.K.,

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

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Drew Brees The former NFL quarterback scored a touchdown in retirement with his investment in multiple franchises. With a reported net worth of about $160 million, the retired New Orleans Saints star invested in the fitness-focused Stretch Zone, the healthy-foods-focused Everbowl, Dunkin’, Happy’s Irish Pub and Walk-On’s Sports Bistreaux.