Posts Tagged ‘Retirement’
Smart Strategies for Business Owners: How to Minimize Social Security Taxes
As a small business owner, planning for retirement requires more than just saving diligently—it also involves preparing for the tax implications on your Social Security benefits. In many states, Social Security income is subject to both federal and state taxes, which can reduce the amount you actually receive during retirement. This is especially important for…
Read More8 Essential Resources for Building Wealth and Financial Security
Building wealth and financial security is the main goal for anyone looking to secure their financial independence. This is often easier said than done, and it can be difficult to find out exactly what to do and where to start. We have collected insight from experts across different expertise and backgrounds to help you find…
Read MoreWhy Hiring Your Kids This Summer Is a No-Brainer (Video)
Hiring your kids for summer or holiday jobs isn’t just a parental power move. It’s a savvy business strategy that screams “tax savings!” On-the-Job Experience First off, when you hire your kids, you’re not just giving them chores, you’re offering real, resume-building jobs. Imagine your child saving for college or learning money management while filing…
Read More10 Questions to Ask When Relocating in Retirement
Did you know that 40% of workers today plan to move to a different city or region after they retire? This underscores a trend of retirees eager to explore new horizons, trade familiar environments for fresh ones, and even redefine what their retirement living might look like. However, the decision to relocate during retirement shouldn’t be…
Read More5 Strategies to Boost Your Retirement Savings
You’ve built your own business and ready to pass the keys to others, or you’re winding down your employed career. Whether your retirement date is fast approaching or you still have a few years to go, it’s important to take steps to boost your nest egg so you’re better prepared to meet your goals. Consider…
Read More7 Crucial Things to Do Before Retirement
Retirement frees you from tight work schedules and gives you time to follow your passions. However, transitioning from work to retirement can be stressful, particularly if you didn’t prepare for it adequately enough. While retirement goals and objectives differ from one person to another, it’s everyone’s dream to enjoy peace during this time. What you…
Read More8 Smart Financial Decisions for Seniors
Smart financial decisions can set you up for a secure senior life, especially if you’ve only been concentrating on your business finances. Here are some tips to help you make the most of your financial future. Image by Huy Phan on Pexels Start saving early The earlier you start saving for retirement, the more time…
Read MoreShould You Buy a Franchise After Retirement?
For many of us, we’ve spent years looking forward to retirement, only to find it takes just a few weeks to finish all the projects we have at home and watching daytime TV is not cutting it. So, what’s the next step after retirement? It could be a franchise. Franchising can be a viable option…
Read More6 Amazing Ways To Say “Congratulations on Your Retirement!”
Reaching retirement is perhaps one of the most exciting celebrations in one’s life. For the individual retiring, it’s the culmination of years of hard work and one last big milestone. And there are so many ways to say congratulations. For the colleagues and co-workers of the individual, it’s a fond farewell, rife with gratitude for…
Read MoreHow SMEs Can Help Employees Save for Retirement
Small and Medium Sized Businesses (SMEs) are major employers. While large corporations are more likely to make the headlines for their employment practice, SMEs actually employ a higher percentage of the workforce. Many people associate working for an SME with a better working environment and less stress – but there can also be downsides. For…
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