Facing ‘Un-Retirement’: The Cost Of Living Is Forcing Retirees Back To Work

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What the survey found was that 69% of retirees who are un-retiring are doing so in order to combat the rising cost of living. . Millions of Americans who retired during the pandemic are returning to the workforce. . At the beginning of the pandemic, people began to retire in droves.

2022 229

Flexible Retirement Could Solve Age Discrimination In The Workplace

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That’s the true American adage, with the idea of retirement becoming less of a reality for older generations. Now, as older workers struggle to find their place in the modern workforce, many are choosing to reenter retirement or work jobs below their experience level.

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Simplify Your Filing System and Retire Your To-File Pile

All Things Admin

2022 Julie Perrine International, LLC. When was the last time you made an effort to catch up on your filing? Last month? Last summer? Many times, we struggle with filing because it feels overwhelming, we’re not sure where to begin, or we don’t have an easy system in place.

Who’s Stuck With The Bill?

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You may need to make your own pension or retirement contributions from your salary if your employer is not contributing towards that. .

2022 229

What Is the Creator Economy and Where Do You Fit into It?

Success

Despite this lack of a solid definition, however, creators are shaping up to be one of the fastest-growing small businesses, as according to a 2022 Adobe survey , 165 million creators have joined this space since 2020.

2022 177

Lawsuits, Lost Expertise And Bad Morale: The Steep Risks Of Ignoring Older Employees

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Age discrimination occurs when a manager or boss treats an applicant or employee less favorably due to their age, which applies to younger people with less experience as well as older people who are close to retirement age. Does my supervisor think I want to retire?

2022 208

Building a Distributed Team in the Future of Work

Success

Things like health care, retirement benefits and tax considerations should all be factored in. This article originally appeared in the November/December 2022 issue of SUCCESS magazine. I have a virtual staff of more than 40 people. Some are in the U.S.

2022 236

59% Of Gen Z Workers Believe They Will Never Own A Home

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This concern is so prevalent, that many of these workers doubt they will ever achieve financial security to retire or be able to purchase a house. . Young American workers are becoming more and more disillusioned, primarily due to a worsening economy and stagnant wages. .

2022 219

Travel Blogger Karen Akpan Shares How She Journeyed From Debt to Economic Freedom

Success

Now, Akpan makes it a point to ask people if they have a Roth individual retirement account. This article originally appeared in the November/December 2022 issue of SUCCESS magazine.

2022 237

Women Need To Kick The Hustle Habit — Their Success Depends On It

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As of 2022, 50% of executive women and 70% of all female employees report feeling extreme burnout, largely due to imbalances in housework, caregiving, and office work. .

2022 219

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

Success

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.

2022 236

Defining The Future Of Work: Key Terms To Know For 2023

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The process of designing your optimum lifestyle and, rather than waiting for retirement to enjoy a more flexible or luxury lifestyle, to do it in the present. Over the last few years, the pandemic has upended how employers and employees alike view the workplace.

2023 267

Freelancers Performing Free Tasks: Is It Helping Or Hindering Their Career?

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In reality, suggesting workers must work for free to find stable income is a diatribe that should be retired. . The path to a good-paying job seems simple enough.

2022 229

2023 Financial Forecast: How to Prepare for the Year Ahead

Success

The rate of inflation, or measure of price increases, hit the highest level in more than 40 years in 2022. Inflation likely peaked in 2022, but will probably come down only gradually in 2023—and may not get back to pre-pandemic levels by year-end, Horneman says.

2023 187

Rohn: You Don’t Have to Love What You Do

Success

Maybe they will be a friend for life, an open door to retiring, a colleague for years to come. You have to love what you do , or that’s what people say. But that’s not necessarily true.

2022 219

5 Reasons Behind the Meteoric Rise of Pickleball

Success

million players by the end of 2021, an increase of nearly 40% in two years, according to a 2022 Sports & Fitness Industry Association Single Sport Report on Pickleball. The sport first exploded in retirement communities and now has flooded into the broader culture.

2022 207

The Secret to Happiness… Is Just Love

Success

But as we age, we’re taught that being Real means paying attention in school, landing a good job, earning a steady income, settling down with a family and preparing for retirement. At 82, Camille died from a heart attack while climbing the Alps, one of his favorite retirement activities.

2022 257

How to Forgive

Success

The pastor trusted me to build an amazing program, and I fully expected to stay in this blissful situation until I retired. Your parents told you to forgive, and most religions encourage forgiveness. Plus, it’s just a nice thing to do, right?

2022 207

Can COVID Booster Shots Save Your Business? 

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We have known since early 2022 that, according to a CDC study , the original vaccine’s effectiveness against Omicron fades quickly. A CDC survey from June 2022 shows that 7.5 billion California Public Employees’ Retirement System. .

2022 130

Why Mexico’s Richest Businessman Believes In Shorter Workweeks

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Nations wouldn’t have to face early retirements that are financially destabilizing,” said Slim. . Instead of cutting personnel, you can enter a scheme like this, where you can have more people, maybe pay more salaries, but you’re avoiding having to pay when workers retire early,” said Slim.

2022 207

What Is FatFIRE? The Workforce Trend Taking Over Reddit

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FatFIRE refers to the abundance (“fat”) bundle of money someone needs to gain Financial Independence, Retire Early (FIRE). . Quiet quitting has nearly everyone abuzz about what it means to set boundaries between work and life. But a new trend is coming to take the crown: FatFIRE. .

2022 207

Meet The Startup Helping Families Live the Digital Nomad Dream

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They aren’t prepared to wait for retirement. For working parents, uprooting family to travel and live abroad isn’t an easy decision — nor is it an easy move. . Mauro Repacci founded Boundless Life to “make travelling around the world seamless and memorable for families.” .

2022 208

Overemployment: The Controversial Trend Creeping into the Future of Work

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Workers see it as having the opportunity to have better financial security, secondary insurance, and twice the opportunity to save for retirement. .

2022 207

2023 Will Be The Year Of “Returning To The Office” And Adjusting To New Norms

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Employers and employees have gone toe-to-toe in what they expect from the workplace in 2022, and the new year is anticipated to see this fight come to a head. .

2023 130

How My Experience as a Black Entrepreneur Shaped My Views on Building Financial Freedom

Success

Instead, in an effort to avoid conflict altogether, they are far more likely to quit, which could have a negative impact on their earning potential, retirement account contributions, health care coverage and other financial employee benefits.

2022 205

Sophia Bush and Nia Batts are Used to Being Underestimated

Success

Mueller, board director, president and CEO at the Executives’ Club of Chicago; and Angela Miller-May chief investment officer of the Illinois Municipal Retirement Fund. This article originally appeared in the November/December 2022 Issue of SUCCESS magazine.

2022 215

How Candidates And Managers Can Identify And Combat Age Discrimination

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Ageism is when employers treat an applicant or employee less favorably because of their age, which can apply to younger people with less experience, or older people who are close to what is traditionally considered retirement age. .

2022 247

3 Steps to Take Before Going Into Business for Yourself

Success

Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. Additionally, many companies offer a retirement plan and match employees’ contributions. That’s free money going toward your retirement that you’ll need to start saving yourself.

2022 237

Travel Blogger Karen Akpan Shares How She Journeyed From Debt to Economic Freedom

Success

Now, Akpan makes it a point to ask people if they have a Roth individual retirement account. This article originally appeared in the November/December 2022 issue of SUCCESS magazine.

2022 177

Hearth: A Writer Explores the Concept of Home During Her Early Career as a Writer in Delhi, Mumbai and the U.S.

Success

A twist of fate post-retirement put his hard-earned savings at stake, leading him to rally to get a stretch of land for a new residential area in Delhi. This article originally appeared in the July/August 2022 Issue of SUCCESS magazine. Home is where the heart is.

2022 253

Want to Retain Your Team? Offer Financial Well-being Programs

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It’s becoming more standard for there to be an employer match for funds such as a retirement fund like a 401(K), a 529 education savings plan, or even a student loan match plan.

2022 236

Workplace Ageism: 4 In 10 Hiring Managers Admit To Age Bias

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Age discrimination involves treating an applicant or employee less favorably because of their age, which usually applies to younger people with less experience, or older people who are close to retiring age. . ResumeBuilder published a survey of 800 hiring managers across the U.S.

2022 262

A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

Success

According to a 2022 survey by Deloitte, 36% of millennials and 29% of Gen Z cited “cost of living” as their greatest concern. Retired professor Timothy G. Somehow as we age, #adulting is just supposed to be intuitive.

2022 229

54% of Workers Want a Four-Day Work Week, But Execs Aren’t Convinced

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But even those executives may have few regrets; the amount of money they make during the peak of their careers can pay for a long and very comfortable retirement.” . Of those who haven’t yet switched but plan to, 86% say the change will happen in 2022. .

2022 229

During a Recession, Entrepreneurs Are in the Driver’s Seat

Success

During another event in April 2022, after the passing of the American Rescue Plan, President Biden expanded on the benefit of small businesses. And companies that weren’t cutting jobs cut benefits, from retirement funds to healthcare coverage.

2022 207

4 Steps Everyone in Their 20s Should Take to Beat a Potential Recession

Success

According to the Nationwide Retirement Institute, 15% of Gen Zers and millennials “reduced contributions to their 401(k) and similar retirement plans over the last year.” in the first quarter of 2022 and 0.6% As of July 31, 2022, there were 11.2

2022 148

“Boss Loss” Is Looming: What Is It, And How Does It Impact The Future Of Work?

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The new 2022 KellyOCG Global Workforce Report uncovers the disconnect between evolving employee expectations and the support firms provide.

2022 251

Why You Should Start Your Own Business Today

Success

According to the Bureau of Labor Statistics , the number of “job losers and persons who completed temporary jobs” remained at about 2,800 in March, April and May 2022. According to the Census Bureau , over 420,000 business applications were filed in May 2022 alone.

2022 202

The Best Client Retention Strategies to Use Now

Success

They take another offer, change their lives around or, sometimes, they simply retire. The best practices to increase client retention involve more than a solid support strategy.

2022 181

Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

Success

Debt is a normal part of most people’s personal finances—according to the Consumer Credit report released by the Federal Reserve, in February 2022 Americans had $4,481 in debt on average. It is no secret that the gender wage gap continues to persist in 2022. Plan for retirement.

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