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Announcing your retirement a few months in advance is often considered a courtesy to your company. Not only does it give your employer time to manage the transition and hire a replacement, but it ...
Some readers asked what "subsidy" employers get from 401(k) advisors and mutual fund families. Here's the way it works. Brokers and fund families (with few exceptions) make.
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
While the main formal term for ending someone's employment is "dismissal", there are a number of colloquial or euphemistic expressions for the same action. "Firing" is a common colloquial term in the English language (particularly used in the U.S. and Canada), which may have originated in the 1910s at the National Cash Register Company. [2]
3. Plan your withdrawal strategy. Most retirement strategies plan for saving, not spending. So it’s not always easy to remember that there will come a time you have to spend the money you’ve ...
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before the marathon. Gradually we began to lengthen our pre-work circuit of Bishops Park in Fulham to runs over Putney Bridge, up the towpath, under the Hammersmith Bridge and on, until we reached whatever point was halfway to our target time for the day, then turning back toward home along the same route we’d come. It was hard work.
Wade Pfau, PhD, a professor of retirement income and co-director of the American College Center for Retirement Income at the American College of Financial Services, has for years advocated for a ...