How long $1 million in retirement savings will last in your state

Still reeling from the domestic terrorism at the Capitol last week? You’re not alone. And it obviously doesn’t just go away when the workday begins. Addressing the trauma of the racist riot with people you work with can be a huge, helpful step for everyone, but there are some important things to keep in mind. Read on for tips for how to talk about it with your colleagues from career and mental health experts.

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Janie

Take Back Your Life

It’s a common promise among multi-level marketing companies: Quit the rat race. Be a boss babe. Join and instantly become a small-business owner. But the truth is that legally, selling products for an MLM makes someone an independent contractor, not a business owner or franchisee, even though the distinction is often confusing. Here’s how the terms break down — and why this particular promise often leads to failure.

Here's The Deal

It’s a question that keeps people up at night: Will the recommended $1 million in retirement savings actually be enough? (And of course, most people don’t have retirement funds even close to that number.) But the answer depends in part on where you live. A new GoBankingRates study puts Mississippi at the top of the list; in that state, $1 million could cover the needs of the average retiree for 23 years, 2 months and 2 days. Hawaii is where people are likely to blow through those savings the fastest — in 10 years, two months and 29 days. See where your state ranks:

Pro Tip:

Repercussions from last week’s domestic terror attack on the Capitol may follow you to work. Even if people weren’t physically present, they can experience trauma vicariously for weeks and months to come with symptoms like headaches, withdrawal, hypervigilance, anxiety and anger, all while at their desk. Pretending things are business as usual or that people can just “move on” is the worst thing you can do, but there are some principles to keep in mind. Here’s how to show care to your colleagues right now while respecting each other’s boundaries.

Want More Practical Magic?

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