The looming retirement savings crisis has left many individuals with 401(k) plans and other retirement accounts that fall short of the necessary funds for a comfortable retirement. However, amidst this crisis, there are a group of individuals known as “super savers” who are successfully growing their retirement nest eggs. These super savers are the ones
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Over the years, the size of newly built homes has been steadily decreasing. From the data provided by the U.S. Census Bureau, it is evident that the median square footage of single-family homes under construction has reduced significantly compared to a decade ago. Builders are now focusing on constructing smaller homes, with the median size
Cisco’s Greater China head expressed great optimism about the company’s increasing business with Chinese electric car manufacturers as they venture overseas. The electric vehicle (EV) segment is emerging as one of the U.S. tech giant’s top priorities in the region, with manufacturing companies, particularly those in the electric car industry, being a significant revenue generator.
The impact of inflation has been felt by retirees and near-retirees despite a decrease from its 2022 peak. Research conducted by insurance company Prudential Financial reveals that a significant number of individuals have had to make changes to their retirement plans as a result. According to the firm’s latest survey, 43% of 65-year-olds have postponed
When couples face financial stress, the best approach is to talk it out. But what often happens is the opposite. Research from Cornell University shows that when people feel stressed, they are more likely to avoid initiating conversations with their partner about financial issues. The fear is that it will lead to a fight, causing
The latest data on 401(k) savings rates shows a promising trend of growth and record-high numbers. The average combined savings rate in 2023 matched a record high from the previous year, reaching an estimated 11.7%. Furthermore, a separate report from Fidelity for the first quarter of 2024 indicated a combined rate of 14.2%, setting a
Ferrari CEO, Benedetto Vigna, has announced that the iconic luxury car brand will be launching an all-electric model in the fourth quarter of 2025. This bold move is seen as a significant step for Ferrari, a company known for its roaring combustion engines. Vigna emphasized that despite the switch to electric powertrains, the emotional experience
In today’s rapidly evolving retail landscape, traditional brick-and-mortar stores are facing increasing competition from e-commerce giants like Amazon. One such struggling retailer is Target, which is now turning to Shopify in a bid to revamp its online offerings. By teaming up with Shopify, Target hopes to attract new and trendier brands to its marketplace, Target
When considering potential investments in today’s market, it is important to analyze the recommendations of top analysts in order to gain valuable insights. According to TipRanks, Delta Air Lines (DAL) is one of the top picks among the Street’s leading professionals. Analyst Helane Becker from TD Cowen recently reiterated a buy rating on DAL with
The U.S. Department of Education is considering extending the eligibility of the Public Service Loan Forgiveness program to early childhood educators. This move comes in response to the low wages that many of these educators face, despite their crucial role in helping young children learn and grow. Early childhood educators play a vital role in