What to consider before retiring early

Alistair Berg | Digitalvision | Getty Images While you may hope to step out of the workforce sooner rather than later, it’s easier said than done, experts say.  On average, surveyed Americans, asked “What age should you be” for retirement, said 58, according to a recent report by Empower, which polled 1,001 adults on June…

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Student loan borrowers in default face wage garnishment

A student studies in the Perry-Castaneda Library at the University of Texas at Austin on February 22, 2024 in Austin, Texas.  Brandon Bell | Getty Images When the Trump administration first announced in April that it would soon resume student loan collection efforts, it said notices for wage garnishment would resume “later this summer.” It’s…

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‘Job hugging’ has replaced job hopping

Martin Barraud | OJO Images | Getty Images The so-called great resignation has become the “great stay.” But experts say workers aren’t just staying — they’re “job hugging.” Job hugging is the act of holding onto a job “for dear life,” consultants at Korn Ferry, an organizational consulting firm, wrote this week. Such clinging is…

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Student loan borrowers face standard plan changes

Johner Images | Johner Images Royalty-free | Getty Images President Donald Trump‘s “big beautiful bill” overhauled the so-called Standard Repayment Plan for federal student loan borrowers. Next year, millions of current borrowers will have access to the changed program. For new borrowers, it will be one of just two options available to pay back their debt. That…

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