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Economy, Personal Finance

“44% of workers are ‘cautiously optimistic’ about meeting retirement goals, CNBC poll finds. Here are key planning steps at every age”

“Almost half, 44%, of workers in a new CNBC poll are “cautiously optimistic” about their ability to meet their retirement goals, and 27% say they are “realistic” about that happening.  About half, 52%, of millennials and 47% of Gen Xers… Continue Reading…

Business, Economy

“Are You Richer Than Your Peers? The Net Worth Needed To Be In The Top 10% Of Your Age”

“The net worth required varies significantly by age group, with older Americans generally having more time to accumulate wealth: • 18-29: $281,550 • 30-39: $711,400 • 40-49: $1,313,700 • 50-59: $2,629,060 • 60-69: $3,007,400 • 70+: $2,862,000 …” https://finance.yahoo.com/news/richer-peers-net-worth-needed-200324549.html

Economy

“Republicans Call for Retirement Age Hike in Clash With Biden”

“…The largest caucus of House Republicans called for an increase in the Social Security retirement age Wednesday, setting up a clash with President Joe Biden over spending on popular entitlement programs. The Republican Study Committee, which comprises about 80% of… Continue Reading…

Economy

“Here’s why you can’t access Pornhub in Texas anymore” [It’s Banned]

“Popular adult streaming site Pornhub is currently blocking users in Texas following a lawsuit from Texas Attorney General Ken Paxton over the site’s age-verification practices…” https://www.chron.com/culture/article/texas-adult-website-blocked-19018637.php This is stupid and internet ID will be used to track users. This will not “protect the… Continue Reading…

Business

“How did Jeffrey Epstein make all of his money?”

“…Accused of abusing [RAPING] dozens of teenage girls before dying by [a highly suspicious so called] suicide in a federal prison in 2019…  a filing in his criminal case pegged his net worth at roughly $560 million. Epstein’s assets also included… Continue Reading…

Predictions, Opinions, & Comments

Outdated Advice: “3 money moves you should take before 40”

I seen a article recently I want to talk about. My goal here is not to trash the article. It’s to explain these methods are outdated and or will not work in the future. The article I will be referring… Continue Reading…

Personal Finance

“What Is the Average 401(k) Balance by Age?”

“Average 401(k) Balance by Age Here are the average 401(k) balance by age range as of the second quarter of 2019, according to data released by Fidelity Investments. Ages 20-29 The average 401(k) balance was $11,800 The median 401(k) balance was $4,300 The… Continue Reading…

Personal Finance

Retirement: “Here’s how much money you should have saved by age 50”

“Although this guideline includes your retirement contributions and your investments, in addition to any cash savings, for many it can still be a difficult goal to reach. In a 2020 TD Ameritrade report, surveying 2,000 U.S. adults ages 40 to 79 with at… Continue Reading…

Personal Finance

“Retiring with $1 million: How much you should save every month, broken down by age”

“…In fact, only 47% of retirees think they’ve built a large enough nest egg to last the rest of their lives, according to a 2020 survey conducted by the Transamerica Center for Retirement Studies. If your goal is to save $1 million, you’ll need… Continue Reading…

Investing

“Here’s how much money you should have saved by age 30”

“In fact, retirement-plan provider Fidelity Investments says that to retire by age 67, you should have saved 1 times your income — or the equivalent of your annual salary — by the time you turn 30. This means that if you earn… Continue Reading…