The Motley Fool

Upper-class Americans have been able to put away quite a bit for retirement. Check out this group's average retirement savings to see how yours compares.

Here's the Average Upper-Class American's Retirement Savings. How Do You Compare?

SmartAsset

Age 65 is a major transition for many individuals as they shift to thinking about retirement and begin to contemplate benefits like Social Security and Medicare. Retirement planning means you’ll have to consider taxes, healthcare, your retirement budget and more. With $1.5 million in an IRA and two Social Security payments to rely on, a […] The post We’re 65 With $1.5 Million in an IRA and $4,200 Per Month in Social Security. What’s Our Retirement Budget? appeared first on SmartReads by SmartAsset.

We're 65 With $1.5 Million in an IRA and $4,200 Per Month in Social Security. What's Our Retirement Budget?

USA TODAY

A prominent economist argues that you can retire on savings much less than $1 million.

Do we really need $1M in retirement savings? Not even close, one top economist says

Stacker

Benzinga explains the benefits of Roth retirement accounts and the differences between products.

Suze Orman says you should be putting 'every single cent' into a Roth retirement account — if not, you are making a mistake

Racking up a seven-figure retirement account might seem far-fetched, but the Roth IRA rules make it possible. A Roth IRA is a tax-advantaged retirement account that allows your investments to grow tax-free, and qualified withdrawals in retirement are also tax-free. Anyone can contribute to a Roth IRA at any age,...

Want to Be a Roth IRA Millionaire? 4 Tips All Retirees Should Know

GOBankingRates

Suze Orman recently offered some advice in a blog post on where to put your money to get a guaranteed high-yield return. However, you need to act sooner rather than later to earn the greatest return...

Suze Orman: This Is the Smartest Move You Could Make With Your Money This Year

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Total Apex Sports & Entertainment

Do you know anyone who has dual nature? Such two-faced zodiac signs are friendly but they gossip about others behind their backs. They can lie to you without batting an eyelid. However, detecting a two-faced person isn’t easy for everyone. They often compliment their friends when they achieve a goal or change their wardrobe. But they will make negative remarks about you to someone else. What other traits do two-faced people have?

3 Zodiac Signs Who Are Two-Faced

New York Post

New research has confirmed that increasingly fewer Millennials and Gen Zers are having children, and there is a “scary” reason why.

More than half of 18- to 34-year-olds are choosing not to have children due to financial challenges, according to newly released data from Australian research company the Red Bridge.

Of the young people choosing not to have children, 35 percent are university-educated, and 33 percent are earning more than $2,000 a week.

Just under half don’t own a home.



Kos Samaras, director of Red Bridge, said the research is a sign of the times, and young people are financially strapped to a point...

Gen Zers aren’t having children because of this scary reason

RadarOnline

If Donald Trump is re-elected as President of the United States, Melania Trump's role as the First Lady might not follow traditional expectations. According to Page Six, a source close to the Trump family said that Melania has made an agreement with her husband that she will not engage in full-time first lady duties if he wins another term in the White House. Instead, Melania reportedly plans to prioritize her role as a mother to her son, Barron Trump.The speculation arises as it is anticipated that Barron might attend New York University in the upcoming fall semester. “Barron has never...

Melania Trump Cuts Deal With Husband Donald to Not Be a '24/7' First Lady If He Wins Presidency: Report

A high income doesn't guarantee you'll be among the wealthiest households.

Here Are the Net Worth and Income That Put You in the Top 5% of American Households by Age

TheDailyBeast

Lady Gaga wasn’t comfortable sharing the same law firm as Sean ‘Diddy’ Combs, amid the myriad of heinous accusations and lawsuits being leveled against him—so she threatened a boycott. A source close to the situation told NewsNation that if Grubman, Shire, Meiselas & Sacks, the law firm that represented both Combs and Gaga, did not drop Combs as a client, she would drop them. “She’s too big to lose.” the source told NewsNation. Combs has been represented by the firm for nearly 20 years and has made frequent stops at Allen Grubman’s home in the Hamptons over the years, according to NewsNation. His lawyers abandoning him is the latest on a long list of things that Combs has lost following accusations of sexual impropriety and multiple lawsuits that allege similarly heinous crimes. Combs returned his key to New York City after Mayor Eric Adams sent the star a letter condemning his physical abuse of his ex-girlfriend Cassie Ventura. Combs also had his honorary degree from Howard University rescinded, as well as his donation returned in early June.Read it at NewsNationRead more at The Daily Beast.

Diddy Dumped by Law Firm After Lady Gaga Delivers Ultimatum

Daily Mail

A 401(K) is a valuable vehicle for workers to build up a nest egg for retirement. But Americans should not put all their savings in their workplace plan, according to a financial planner.

Financial planner warns why it is a mistake to put all your retirement savings in your 401(K)

Retiring at 60 is an appealing prospect for many, offering the chance to enjoy life while still relatively young and healthy. However, early retirement comes with unique challenges and financial considerations. This article will explore how much you might need to retire at 60 and the factors influencing this decision.

How Much Do You Need to Retire at 60?

Anika Jindal

Retirement should be a time for relaxation, not financial stress. Overspending on luxury items or ill-advised investments can jeopardize your financial stability. This article will discuss certain purchases that retirees, particularly Baby Boomers, should avoid to maintain their financial health. Let’s explore these potential pitfalls to ensure a secure and peaceful retirement.

12 Purchases Boomers Should Never Make During Retirement

Arizona State

BroBible

The Internet is not happy with stores selling Arizona Iced Tea for more than 99 cents. Over the weekend, Arizona Arizona Beverages founder Don Vultaggio went viral when he said he would never raise the price of Arizona Iced Tea. “We’re successful. We’re debt-free. We own everything. Why have people who are having a hard […]
The post People Are Snitching On Stores Selling Arizona Iced Tea For More Than 99 Cents After Owner’s Viral Comments appeared first on BroBible.

People Are Snitching On Stores Selling Arizona Iced Tea For More Than 99 Cents After Owner’s Viral Comments

Claudia Chee, 32, has a love for all things Costco. She's furnishing her new apartment with items from the store. She created the Instagram account @CostcoClaudia, where she models clothing and shares her experiences. She earns about $7,000 a month as an influencer, as well as around $5,000 a month from her job as a piano teacher.

I bought all my furniture at Costco for $5,000: Take a look inside

Retirement: A magical time of life when you no longer (necessarily) have to work for your money. Instead, decades of hard work coupled with saving and smart investments should mean that your money now works for you. Plan Ahead: 4 Things Boomers Should Never Sell in Retirement. Careful financial planning...

7 Things You Should Never Do in Retirement

Business Insider

Mark, 65, was one of the first group of retirees to switch to a 401(k) from a pension. He made it work for him.

A baby boomer who saved over $2 million for retirement explains what he thinks he did right to make the system work for him

North Carolina State

Jill Biden revealed to The New York Times reporter Katie Rogers what Joe told her following the debate. Rogers queried Jill at a Biden campaign fundraising event in the Hamptons on Friday. “You know, Jill, I don’t know what happened. I didn’t feel that great.” Biden reportedly told the first lady, according to an X post by Rogers. Jill responded, “Look, Joe, we are not going to let 90 minutes define the four years that you’ve been President.” Biden has not been cagey around acknowledging his poor performance on Thursday night. Biden told a crowd in North Carolina on Friday that he knows he’s “not a young man,” and went on to acknowledge other signs of his age, “I don’t walk as easy as I used to. I don’t walk as smoothly as I used to. I don’t debate as well as I used to.” Biden added, “But I know what I do know—I know how to tell the truth, I know right from wrong, and I know how to do this job.”Read it at Daily MailRead more at The Daily Beast.

Jill Biden Discloses What Joe Told Her After His Debate Performance

Two-thirds of Americans have a retirement account. Find out how your own retirement savings compares to the average for your age group.

Are Your Retirement Savings Above or Below Average?

NewsBreak

Gen X says they'll need more than $1.5 million to retire comfortably—but most have less than 5% of that saved

For Gen Xers in their 40s and 50s, retirement may be right around the corner. However, many are worried they may not have enough saved up...

Gen X says they'll need more than $1.5 million to retire comfortably—but most have less than 5% of that saved

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