A more reachable retirement savings target: 60% of pre-retirement income
Breakfast with Benjamin: Instead of needing 80% of your pre-retirement income, you can probably make it with 60%.
- Finally somebody has figured out a retirement savings calculation that doesn’t have me working till I’m 120 years old. Instead of needing 80% of your pre-retirement income, you can probably make it with 60%.
- Two bitcoin companies are accused of defrauding investors in a $20 million Ponzi scheme. Who would have thought there were fraud risks associated with a digital currency that nobody really understands? Paying for computing power that never existed.
- In the true spirit of giving, mutual funds could do better. Some clarity on fees, strategies and portfolio managers would be a good place to start.
- As we roll into the holiday party season, it is worth noting that the average American gains two pounds this time of year. Just so you know, it takes 30 minutes of vigorous exercise to burn off a single glass of eggnog.
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