Many folks leave their careers before they had planned, and this type of sudden retirement can be a financial shock. Here are six strategies to help get you back on solid ground moving forward. Getty Images When it comes to retirement, expectations and reality may collide, resulting in what might seem unthinkable – sudden retirement. …
6 Ways to Bounce Back After Being Forced into Retirement Read More »
A healthy balance between planning for today and the future is more important than you might think. Thanagon Karaket / EyeEm | EyeEm | Getty Images Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links …
What is financial flexibility and why is it so important? Read More »
KEY POINTS When economic conditions seem at their worst and investors around you are losing their heads, the best thing to do is keep yours. Active wealth means taking disciplined action across five facets of an investor’s financial life. Two keys to an active wealth practice are to plan and not panic, and not to …
Op-ed: An ‘active wealth’ plan can maximize long-term financial success Read More »
With the COVID-19 pandemic upending so many aspects of life, it may come as no surprise that more than half of Americans (57%) have felt at least some stress over their financial situation since early 2020. Almost 90% of those who have experienced financial worries amid the pandemic say it has affected their daily lives. …
Financial fears spike for young adults amid pandemic Read More »
It’s easy to get caught up in the day-to-day challenges of a burgeoning career, friends and family life, but your 30s are the perfect time to get your finances running smoothly. Getty Images For those in your 30s, the time to secure your financial future is now. To ensure you can provide for yourself for …
How to Make the Most of Your Finances in Your 30s Read More »
Advice for older job hunters and employees from workplace expert Lindsey Pollak, author of “Recalculating” “Since the beginning of 2020, every single person around the world has experienced a collective, unplanned, unwanted disruption — far worse for some than others — and it has changed every single one of our career trajectories in one way …
Navigating Your Career Through the Changing World of Work Read More »
KEY POINTS Women have $70,000 less saved for retirement than men, according to a Bank of America Merrill Lynch Workplace Benefits Report. Women face several retirement saving headwinds, such as the gender pay gap, work disruptions for caregiving and longer lifespans. Committing to saving early, maximizing Social Security and working longer can shore up retirement …
Let’s give a shout-out to all the women out there for a second—because there’s no doubt that women have been making serious strides lately. Today, more women are getting college degrees than men, and women now make up half of the U.S. college-educated workforce.1 On top of that, the number of women in executive-level positions has …
When it comes to retirement, most people find themselves either sitting in the regret of past money mistakes or winning big-time with money and on track to a retirement they’ve always dreamt about. Here’s the difference: Those who are on track to reach their retirement goals have a plan. They’re intentional, focused, and they took …
Let’s give a shout-out to all the women out there for a second—because there’s no doubt that women have been making serious strides lately. Today, more women are getting college degrees than men, and women now make up half of the U.S. college-educated workforce.1 On top of that, the number of women in executive-level positions has …
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