If you retain a loyal workforce over a sustained period of time, there will eventually come a time where one of your employees plans to retire. When you are faced with this challenge, it’s imperative that you leave no stones unturned in your attempt to ensure a smooth transitional period. For your retiree’s sake as …
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Retirement
Should You Take Early Retirement? Pros and Cons
If you’ve spent your working life in a job, you love you may have had the time of your life. But even good things get tedious at times, so you may be considering taking early retirement to pursue new horizons. Quitting the rat race is a big decision, so what do you need to consider …
Creating a Personal Retirement Plan
It’s never too soon to start saving for retirement. However, shockingly few workers retire with adequate resources. Generally, a comfortable retirement can be achieved on 70-90% of your working income. While many believe their Social Security benefits Wyckoff NJ will support them, standard payments average just 40% of pre-retirement earnings. To make up the difference, you must have a plan, whether …