“Small-business owners and even those with a side gig may benefit from a small-business credit card,” says Gerri Detweiler, education director for Nav, which supplies free credit research and tools for small-business owners. “It can help them keep track of spending and make tax-time easier.” And, Detweiler added, the cards often offer lucrative rewards.
In January 2021, 275,000 women dropped out of the labor force, amounting to roughly 80% of all workers over the age 20 who exited the workforce last month. The total number of women who have exited the labor force since February 2020 comes to more than 2.3 million. By comparison, nearly 1.8 million men have left the labor force during this same time frame.
The glimmers of hope for 2021 are flickering in the gloaming. But before you set aside your dog-eared 2020 calendar, there are a few pieces of business to attend to when it comes to your financial health and wealth. Here are 10 moves to make before year-end.
The workplace is transforming before our eyes. And jobs are the story, as populations world-wide continue to age and confront the impact of longevity and financial security.
The USC researchers also found that women were more likely than men to have been overly optimistic about retirement-benefits expectations. As a result, men “are more likely to save more and reach retirement better prepared,” the authors wrote.
Ageism is alive and well in the workplace. It’s not going anywhere. It’s been here––it’s like the last ism that people don’t like to talk about it that much. They say, “Oh, we don’t have that in our company.”
Look at saving as making an investment in your future self. It’s self-care. You’re saving for “living,” not “retirement.” To me, that’s a better way to frame it, especially when retirement is a fuzzy concept at best.
“No question or issue is too big or too small,” Rebecca Wiggins, AFCPE’s executive director, says. “People can come if they just have questions, want to finally get some assistance to make a realistic budget or if they are really struggling and don’t know where to even start.”
“Mortality is on the front of their minds,” Rubin said. “Spurred by the coronavirus pandemic, clients who I haven’t heard from in 10 or 15 years, as well as prospective new clients, have been reaching out to update their existing estate planning documents, or write new ones. I