Building A Business For A Fulfilling Retirement

Building A Business For A Fulfilling Retirement

I’ve always been interested in building an online business that would support me in retirement. But as I got older, it became more important to me because I wanted to know that my retirement would be secure. So, for the past five years or so, I’ve been working hard building a profitable company from scratch. Now, after about $400k invested and three full-time employees, we’re finally starting to see the fruits of our labor pay off financially. While our revenue isn’t quite at where we need it yet (we expect another year or so before we hit six figures), what’s exciting is that now that our expenses are under control and we have a solid team in place—one capable of handling growth while still providing excellent customer service—we can start thinking about other things like how much money goes into savings every month!

1. Decide what you want your business to do for YOU

You’ve probably heard the saying: “It’s not about the money, it’s about the journey.” Well, that may be true for some people, but for many of us it’s both. The money can help us get to where we want to go and provide experiences that enrich our lives.

But before you even think about starting a business or making any significant investment, you need to ask yourself what your goals are in life? What do I want out of this venture? What do I hope my business will accomplish for me personally and financially? Do these …

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Pension Planning: Retirement Income Sources

Pension Planning: Retirement Income Sources

Retirement income is a term that describes the money you will receive from your pension plan. It is also known as annuity income and can be made up of a number of sources, including fixed deposits, insurance policies or even proceeds from property investments.

Pension definition

A pension is a regular payment made to you after you retire. It is usually based on your salary and how long you have worked. The payments are usually tax free, so they can help to supplement other sources of income such as savings or investment returns.

There are different types of pensions:

  • Defined benefit schemes – These were very common in the past but now only around 5% of people are members of them; these provide an assured level of income based on your salary and length of service with an employer or other organisation (e.g., public sector). You may also get inflation protection in addition to this basic amount if it’s included in the scheme rules; however this isn’t guaranteed as some schemes might not offer inflation protection at all if they don’t think that there will be enough money available over time (and many do). The risk here is that if there isn’t enough money coming into these schemes then it could affect what you receive when it comes time for retirement!

Retirement income sources for pensioners

Pension plans are designed to provide you with an income in your later years. However, they are not always enough to live on, so …

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Best Zero-Based Budgeting Tools For Beginners

Best Zero-Based Budgeting Tools For Beginners

If you’re new to the world of money management, zero-based budgeting can help. It’s a straightforward system that makes it easy to see where your money is going and what kinds of expenses come up during different parts of the year. This type of plan helps you make better decisions about how much money you need to make each month in order to cover those expenses while also saving some for emergencies or retirement savings plans. With a zero-based budget, you’ll gain control over your spending habits by seeing exactly how much money is being spent on things like groceries and clothing instead of just guessing at how much debt might be accumulating every month because not all purchases are immediately obvious.

Zero-based budgeting is a tool that helps you take an honest look at your income and expenses.

Zero-based budgeting is a tool that helps you take an honest look at your income and expenses. It allows you to see how much of your money is actually being spent on things that are important to you (and how much isn’t).

With zero-based budgeting, every dollar must be justified before it can be spent. This forces people to make decisions about their spending habits and decide which purchases are worth their hard-earned cash. It also encourages them to cut out unnecessary costs by eliminating unnecessary items from their budgets altogether–something many people never even consider doing!

It gives you the opportunity to see how much of your money is actually

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Life Estate Set Up For Asset Protection

Life Estate Set Up For Asset Protection

A life estate is a legal arrangement between two parties that allows one party to use the property of the other while they are alive. It’s similar to a trust, except that the beneficiary doesn’t necessarily have any control over the money or property during their lifetime. A person may want to set up a life estate for asset protection or to ensure loved ones inherit an asset after their death.

What is a life estate?

A life estate is a legal agreement that gives you the right to use someone else’s property during your lifetime. You can sell, lease or transfer the property at any time during your lifetime. A life estate can be set up for any type of property including real estate, vehicles and business interests. This is a great way to protect assets from lawsuits or creditors by giving someone else control over them until after death when they will pass on to beneficiaries designated in an irrevocable trust.*

Why would you want to set up a life estate?

Life estates are useful for asset protection in several ways. For example, they can protect your assets from creditors. If you set up a life estate, your beneficiary won’t be able to access the property until you pass away. This means that anyone who wants to sue them will have no way of getting their hands on the money and property until it’s too late for them to do anything about it–by which point, they may have …

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How And Why To Work From Home After Retirement

How And Why To Work From Home After Retirement

Retirement is approaching, and you know that you want to maintain your independence. And working from home can help you do just that! Working from home after retirement allows you to pursue new opportunities and earn money while doing so. You’ll be able to maintain your health while also having the freedom of working on your own schedule. The best part? Waiting until retirement means that there’s no better time than now to start looking for work-from-home jobs.

Work from home options let you remain independent.

You can work from home as long as you want. You don’t have to commute, and you can set your own schedule. There’s no office politics or annoying co-workers who are always competing for the next promotion (or worse, sabotaging your efforts). If they’re not already working at home themselves, many bosses will encourage their employees to find jobs that allow them this sort of flexibility–it saves money on office space and makes it easier for everyone involved!

If working from home is appealing but still seems like too much commitment at this point in your life, try taking on some short-term projects instead: perhaps helping out with a friend’s business while she goes on maternity leave or assisting with some marketing strategies during tax season. The point is: don’t wait until retirement before trying out these options; take advantage of them now so that when retirement finally does come around one day soon down the road (maybe), there’ll be no surprises left!


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