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Working Multiple Jobs to Make Ends Meet
March 30, 2021 Working Multiple Jobs to Make Ends Meet If people need to work and can work, they will work. That’s my takeaway from a new set of data that sketches a clearer picture of U.S. workers who are holding down multiple jobs. Nearly 8 percent of workers had two or more jobs in […] More
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40 Million More Americans Could Save For Retirement By 2040 With Universal Access To Savings
40 million more workers could save for retirement by 2040 if there were national universal access to … [+] retirement savings options getty Having a way to save for retirement should not depend on where you live and whom you work for, yet 46% of private sector workers — 57.3 million people — lack access […] More
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A Lot of Student Debt May Never Be Paid Off
March 25, 2021 A Lot of Student Debt May Never Be Paid Off For half to two-thirds of the college loans made over the past decade, the former students owe more than they initially borrowed. This is the result of a federal program that bases monthly student loan payments on the borrowers’ income if they […] More
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UK Pension Reforms Show Some Promise
March 23, 2021 UK Pension Reforms Show Some Promise Unlike the United States, the United Kingdom has implemented bold reforms to its retirement system over the past decade. Two of the biggest changes were gradual increases in the minimum age for collecting a pension under the national social security program and requiring private employers to […] More
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Make Ends Meet : Save now for later
According to The Motley Fool, a private financial and investing advice company, you should expect to need about 80 percent of your pre-retirement income to sustain your standard of living in retirement. In other words, if you make $100,000 now, you’ll need about $80,000 per year when you retire. Source link More
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Get a health savings account now, you’ll thank yourself in retirement
When you’re starting out in the workforce, all the benefits options can feel overwhelming, especially when it comes to health care and saving for retirement. While retirement might feel far off, the decisions you make today will have an impact on your future. For example, a healthy, average couple age 65 who retired in 2020 […] More