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News and Events

Only 54, Alibaba Founder Jack Ma Announces Retirement in a Year. Here's His Letter Explaining Why

"The world is big, and I am still young, so I want to try new things," says China's second-richest man

China’s second-richest man Jack Ma announced on Monday, September 10, that he is retiring a year from now as chairman of Alibaba, the online store he helped found in a small apartment in the late 1990s. The e-commerce company is now one ...

by Elyssa Christine Lopez  | September 11, 2018 05:00:00
Run & Grow

Scrimp and Sacrifice in Retirement? Don't Let That Be You. Here's How

Don't ignore the instability of social security and government-sponsored retirement accounts

Many Americans will spend their “golden years” of retirement scrimping and sacrificing, according to a new study reported by the Wall Street Journal.“A combination of economic and demographic forces has left older Americans with bigger bills and less money to pay them,” the report ...

by Pamela Yellen  | August 27, 2018 06:00:00
Run & Grow

(Infographic) What are the Financial Advice Millennials and Gen Zers Want to Know?

Having a grasp on your financials is tricky, but it's crucial if you want to be successful

Whether it’s saving for retirement or paying off credit card debt, money management can be a challenge. Of course, different people have different concerns -- and that often comes with age. While a 60-something baby boomer might be organizing their savings for retirement, your 20-something ...

by Rose Leadem  | July 24, 2018 06:00:00
Franchising

Franchise Talk: 4 Top Franchise Recommendations for Retirees

Life after retirement is more exciting with a franchise business

Retirement is another chapter in one’s life that can both be thrilling and boring. This can really be up to the retiree—he or she can take it easy, just relax and enjoy being at home with the grandkids, or they can use ...

by Sam Christopher Lim  | April 29, 2018 09:00:00
Run & Grow

Follow This Savings Plan and You Can Retire in 15 Years

Retirement is all about how much money you have and how much you need to live. Age is irrelevant

When you think of retirement, you most likely believe that means working until you’re in 60’s, but here’s the thing: retirement is a financial number, not a specific age. This means that if you follow the following savings plan, you’ll be able to retire in ...

by John Rampton  | November 08, 2017 02:00:00
Run & Grow

Financial Adviser: Want to Retire Early? Here are 5 Ways to Build Your Own Investment Fund

Putting your money in a savings account that earns less than 1% p.a. will not help you to retire early

Many people make the mistake of building their retirement funds by simply saving money in the bank.Putting your money in a savings account that earns less than one percent per year will not help you to retire early. You would still probably ...

by Henry Ong  | October 10, 2017 10:00:00
Run & Grow

5 Strategies for Women Entrepreneurs to Save for Retirement

In general, women live longer than men, so a robust retirement savings plan is even more critical

Saving for retirement can be challenging for anyone, but especially for business owners who invest much of their own savings and earnings into their companies. Although to many entrepreneurs funding a business and saving for retirement may seem like mutually exclusive propositions, they ...

by Marilee Falco  | July 22, 2017 02:00:00
Run & Grow

Graduates: Don't Save for Retirement. Pay Yourself First

Use this Three-Tiered Approach to Securing Your Financial Future

If you are like me, you have graduated from college or grad school staring at your credit card and student loan bills, wondering how you’ll pay them off and if you will ever be able to pay for the things you want ...

by Candace Sjogren  | June 16, 2017 06:00:00
News and Events

Asian Millennials Seen to Run Out of Money After Retirement

Today's average young adult expects to earn only a third of what is required, says Manulife

Asia's millennials are facing a high risk of a cash crunch after they retire from active work, according to a new survey conducted by global insurance company Manulife. Many expect to bear mortgage debt into retirement or run out of money.In a ...

by Entrepreneur Staff  | February 21, 2017 12:00:00
Run & Grow

Business Owners Need a 'Plan B' for Retirement

Don't gamble with your golden years

Are small business owners too busy to think about retirement? That’s one take from a startling new report from BMO Wealth Management. It found only a fraction of the nation’s 28 million small business owners are prepared for retirement. For instance, 75 percent have saved less ...

by Pamela Yellen  | January 17, 2017 12:00:00
Run & Grow

How much does a millennial need to save each month to retire with US$ 5 million?

In the Philippines, that’s at least Php 241M ”" so better start saving now

How much will you need to retire?Well, in 2014, Matthew Illian, a member of the Investment Committee at Marotta Wealth Management, Inc., wrote that “Someone retiring now in 2014 with US$ 1 million at age 65 can safely withdraw US$ 43,600 a year. However, [because of ...

by John Rampton  | October 24, 2016 07:00:00
Run & Grow

Financial Adviser: 5 ways entrepreneurs can prepare for retirement

Entrepreneurship can be unpredictable, but retirement planning for entreps is still possible

 Question: I have been in the business for five years now but I don’t seem to have enough personal savings. Although the business is doing well, most of the income I earned from the business is just enough to take care of ...

by Henry Ong  | September 13, 2016 04:00:00
Run & Grow

You can't lead your business forever

Giving it up is hard.

  You know them when you meet them. Sometimes all it takes is a handshake. The kind who hold company retreats at their lake house, and when asked how long they have been in the game, they tell you they invented the game. ...

by Bob Coen  | June 12, 2016 09:00:00
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