The media has flooded the public with information regarding retirement insecurities. From not enough personal savings to taking big losses in 401 (k) deposits there are many who are feeling the strain of an uncertain financial future. Having a pension in place for retirement is vital to the structure of a retirement plan.
Analysts agree that individuals who have developed a healthy retirement platform include Social Security, individual savings and a pension.
Unlike savings, pensions guarantee an individual a monthly income for their entire life. The funds within a pension do not run out at a specific time and are not depleted as with a standard bank account. It is a stable, reliable income regardless of how long a person lives.
In addition, many pensions provide added benefits to the participant, such as disability coverage and survivor benefits as well. This feature makes it an increasingly popular choice for individuals.
The average American will experience the need to decrease their spending by over 30 percent when they retire, millions will not be able to retire, or face the challenge of running out of funds before they pass away. With a pension in place, many of these obstacles and anxieties are removed.
Bankruptcy in Orange County, CA can be a bit intimidating, stressful, and overwhelming especially if you are unsure of what to do and how the entire process works. Fortunately, with a little bit of research and dedication everyone facing this tough decision can find information and tips that will help them through this difficult period in their life.
First of all, it is important to know that anytime that you file bankruptcy whether it is a chapter 7, 11, 12, or 13 any and all of those pesky phone calls from your creditors or collections agencies will stop. This alone will help to eliminate some of the stress from the entire process. Also, if you decide to use a bankruptcy lawyer or attorney be sure to have an affordable budget set into place beforehand. Filing for bankruptcy is not free and neither is an attorney or lawyer. Keep in mind that you will have to pay the attorney or lawyers fees, and various other expenses.
Even more so, many people believe that filing for bankruptcy will ruin their lives forever. That is simply not true. Once you make it through the bankruptcy process, you can then focus on rebuild your cedit score, savcing up a nest egg, and organizing your finances. In fact, in most cases after a 6 month period of filing for bankruptcy, you will begin getting credit card offers. Obtaining one will help rebuild your credit score. Keep in mind to watch out for high interest rates or fees.
Working from home is one of the most rewarding experiences. For over two years, I have had that opportunity. However, my biggest struggle has been managing my own time. I tend to lose track of time while I am scrolling through social media. By the end of the day, I am left wondering why I didn’t get everything done that I had planned.
Every person who works from home needs to be able to manage their time. Take a look at the following tips for just a few ideas to help manage your time better.
1. Establish a schedule. I was quite rebellious toward this tip. Why? Because I work from home! I shouldn’t have to have a schedule. I should be able to do whatever I want, however I want and whenever I want, right? WRONG!
Setting a schedule allows you to keep track of what you need to do. If you work blindly, like I did, a lot of wasted time begins to add up. Think of it like adding ordinance to your world.
2. Create a designated work area. I never thought this was a problem since I work directly from my laptop. I don’t watch too many shows on TV so I did not think having my laptop in the living room would be a problem. But, it placed me in the activity center of distraction. Since my daughter is home-schooled, she is home all day (running in and out of the house). To eliminate interruption, find a private to semi-private area in your home to work.
3. Make time for family. If you are an ambitious workaholic like me, it’s easy to get caught up with checking deadlines, articles, emails, updates, proposals and so forth (even after hours). If I keep looking for deadlines, I will always find them. Making time for family will ensure that they do not feel neglected and will also show how much you love them.
4. Pamper yourself! Workaholics can work for long periods of time during the day, weeks and even months. It’s easy to get burned out and stressed when you feel like there is nothing to look forward to. Pamper yourself by going to the gym, getting your hair done or by making a shopping date with your girlfriends.