Job Loss Affects You Beyond The Bank Account
I’ve written before about the health impacts of having a corporate job and the toll financial stress takes on your life. And in my opinion, these negative health consequences are a very good reason why you should move forward with the best retirement plan for you, like becoming an entrepreneur. That said, I never […]
Over 50? Here are 15 Retirement Stats You Need to Know
I know a lot of people over 50 have retirement concerns, and they should. The traditional retirement age is fast approaching, and many have less retirement savings than they’d like. And what many GenExers and late Baby Boomers who have retirement concerns don’t really realize how much the cards are stacked against them. Traditional advice […]
What’s Your Bonus Going to Be This Year?
Most firms by now have a good idea of what the budget will be for next year. The CEOs have set optimistic goals and pushed their 1-downs. It cascades from there until all line managers are generally stretched and unhappy. Making next year’s plan will be no easy task. The vast majority of corporate America […]
How to Cope With the Robots Replacing Your Job
According to Pew research, the majority of human jobs could be automated by 2065. The process has begun, and many jobs are at risk today. This isn’t just a possibility –it’s something that should worry people. The robots can replace your job and destroy your retirement planning, especially if you’re already late career. Millennials have time […]
8 Signs Your Job May Be at Risk
Even if you’re a late-career corporate worker, it’s reasonable to worry about job security. Losing your job at any time can be disastrous for your retirement planning. And a lot of the time, it’s out of your control. If you’re worried about losing your job, here are 8 signs you should look out for. You […]
Why Job Security is a Myth
Trying to build savings for retirement? Don’t bank everything on your job. ‘Job security’ is a buzzword a lot of people throw around. For workers, it’s often a barrier. You want more savings for retirement, so you think: Maybe I should become an entrepreneur and start my own business. Then you think: No, it’s too risky. […]
Be An Entrepreneur To Aid Your Retirement
There’s probably a big difference between the career you imagined and the reality of your career. Are you satisfied with your potential retirement? Will it support you and your family as you’d imagined? You have a some options in the form of cutting expenses and adding additional income. Fortunately, you already have the skill set […]
How To Overcome Job Insecurity
You have worked hard to get to your executive position. You have achieved a level of success you would like to sustain. You need several years of things going right to achieve your family goals. You are also wise enough to know bad things can happen. Bad things happen to good people. You’ve seen it […]
The 5 Critical Components Of Surviving Job Loss
You’re Fired! The sad reality is that most people get fired at some time in their career. The bad news for people in their 50’s is that this can be terminal to your retirement plans too.Implicitly we all know it’s hard to get a job at this age. In addition to age bias, compensation becomes an […]
Stop Telling Yourself Your Retirement Will Be Ok
The reality of the 40 or 50-year-old corporate executive is that things have changed. Your retirement isn’t what you expected. In fact the change has accelerated since the Global Financial Crisis. The roots however go back much farther. Until the early 1980’s wage growth in the U.S. had grown at 2.2% for around 80 […]