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 Much Does Financial Stress Weigh?
Can a fully-loaded military bag feel as heavy as financial stress you carry? The normal weight of a fully loaded Army backpack is somewhere between 40 and 65 pounds. I’m told it can depend on a lot of things like extra ammunition, a radio, etc. For a normal 200 pound soldier this puts the additional […]
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 Fallacy Of The Bigger Bonus
Some time right after the summer ends the bonus chatter begins. Usually the first person to start the conversation on the upcoming bonus season is a loser. He/she knows it but hope dies slowly in the corporate compensation merry go round. As year-end approaches employees become hardened in their expectations. Nights out with colleagues self-reinforces what the […]
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 […]
How to Change Your Retirement Plan
Your retirement plan, the old one probably sounded like this: Go to college then go to grad school. Get a great job and work hard. Do this and you retire with ample money after your kids have finished college. You Assumed Wrong This is the plan most of us grew up believing. This was the safe and predictable […]
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 […]