article thumbnail

5 Long-Term Financial Goals and How to Achieve Them

Success

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.

Goals 240
article thumbnail

Dry promotions: Definition, considerations, and guidelines for employers

BMT Office Administration

This type of promotion saves the company money, but can be frustrating for employees who understandably expect a higher salary for their hard work in their new role. The key here is to keep your word, set a clear timeline, and provide a salary increase as soon as there is room in the budget.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Reasons Being Self Employed Sucks

Productivity Bits

Retirement Benefits. Contributions to a retirement plan are usually matched by an employer, and many businesses offer pensions and other benefits to ease the transition into old age. This is in addition to paid sick time, maternity or paternity leave, national holidays or other exclusions. No Paid Vacation.

article thumbnail

Do You Know Your Lifestyle Ratios?

Stephanie LH Calahan

You might have interest income, rental income, and investment income along with your business income or salary. In the example below, this person is well on their way to retiring. Assuming a 5-day work week, there are about 250 working days in a year, not including about 10 holidays. You can allocate if necessary. Monthly Hours.

Lifestyle 100
article thumbnail

What You Can Learn About Making Decisions From a Baseball Umpire

Success

The life of a baseball umpire At the major league level, the starting salaries for umpires is $120,000. Two former umpires, many retired from the major leagues, see each umpire in his respective league six times. It’s worth noting that the number of promotions is contingent on how many major league umpires retire or aren’t asked back.

Learning 253
article thumbnail

I'm back!!

Laughing all the Way to Work

I was calling it early retirement for lack of a better term. I gave them lots of notice and was going to 'semi-retire' in three months. I recall the HR Director saying to me that she thought I was semi-retiring and was only going to take a part-time job when I left. What a relief it was when I handed in my resignation.

article thumbnail

21 Tips for Job Hunting - A Comprehensive Strategy

Musings of a High-Level Executive Assistant

Their website -Wikipedia page -Recent news articles -Salary dot com -Glassdoors dot com -Anyone you know who worked there or currently does -Social media outlets -Job description I typically print all these out a couple of days before a call or meeting. So once you land that job, think of ways you can save a little bit each paycheck.