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Rethinking Retirement Plans — Is Phased Retirement The Future?

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A phased retirement option allows full-time employees to work part-time while also beginning to take some retirement benefits. We spoke to Stacie Haller, ResumeBuilder’s chief career advisor, about whether companies should adopt phased retirement plans. Yet most companies haven’t implemented other options.

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Do Women Need to Save More When Planning for Retirement?

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While the gap shifts based on age, race and other factors, the harsh truth is, when planning for retirement, most women have to work harder to save the same amount as men. While we work on changing this reality for our daughters, women can also take steps now to ensure they’re ready for whatever comes their way in retirement.

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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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However, greater earnings don’t necessarily translate to financial security. People in their 50s are facing financial headwinds that include higher costs of living, rising debt, the disappearance of pension funds and an increased reliance on Social Security. Lamont Brown, MBA, CFP and principal wealth advisor of ALNA Financial, agrees.

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Should I Use a Robo-Advisor to Manage My Investments?

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A robo-advisor offers affordable financial services that use computer algorithms to automate investing based on a person’s goals and risk tolerance. This type of investing also makes financial planning more accessible. What is a robo-advisor? How do robo-advisors work?

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How to Choose a Robo-Advisor

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Robo-advisors are gaining in popularity, with about 3.5 Robo-advisors work by using algorithms proprietary to each company. However, robo-advisor platforms are not all created equal, so it’s essential to understand how each company works and pick one that meets your needs.

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How to Choose a Financial Adviser

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Choosing a financial adviser can be intimidating. There are multiple types of financial advisers, and each can help you manage your money. It can make the process of choosing a financial adviser easier and allow you to make better decisions. You have to find someone you enjoy working with.

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How Financial Wellness Programs Can Benefit Employees and Employers

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Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. Employers are now providing a broader suite of benefits and are increasingly recognizing the importance of financial wellness programs for employees.