Paris CNN — France’s powerful unions will go out in force for a nationwide strike on Thursday in a rejection of a controversial retirement age reform that the government pushed through parliament last week without a vote. Although sporadic, sometimes unruly demonstrations have appeared in Paris and other cities across France since the bill’s passage, …
For many newly retired people, dreams of an idyllic retirement have quickly been replaced by the harsh reality of pennies and sleepless nights worrying about dwindling pension balances. Last year, the highest inflation in a generation followed by aggressive rate hikes by the Federal Reserve to curb it sent both stock and bond markets plunging, …
New retiree futures hurt by inflation, interest rate hikes. Can they recover? Read More »
By Jack Rogers 22 March 2023 at 08:43 PIMCO. BlackRock and Invesco had exposure to AT1 bonds, all written off in connection with the UBS takeover. Several major CRE asset managers were among the biggest holders of Credit Suisse bonds written off as part of the Swiss bank’s takeover of UBS Group this week. Due …
CRE Asset Managers Take Hits on Credit Suisse Bond Wipeout Read More »
MONEY-SAVING expert Martin Lewis has revealed how a little-known code could save you £600 a year on your bills. In the series finale of his ITV Money Show, the consumer champion shared five steps you can take to reduce your mobile phone costs. Martin Lewis has revealed how a code can be the first step …
Martin Lewis reveals little known code that can save you £600 on bills in seconds Read More »
News Cities Bangalore Husband of deceased wife heir to property acquired through deed: Karnataka High Court Justice CM Joshi’s single-judge bench ruled that the husband would inherit the deceased wife’s property in this case, unlike her family members. Karnataka High Court (archive) The Karnataka High Court has ruled that a Hindu woman’s property acquired through …
Husband of deceased wife heir to property acquired through deed: Karnataka High Court Read More »
Many Gen-Xers plan to work after age 65 either part-time or full-time. Photo / 123rf One in four Generation X Kiwis are not sure when they will retire, even though some are just seven years away from turning 65, research by ANZ has revealed. Fiona Mackenzie, Managing Director of Foundations management at ANZ NZ said …
A quarter of Gen Xers are not sure when they will retire Read More »
insta_photos/Getty Images/iStockphoto Retirement is a numbers game in the United States, and those numbers can make a big difference in the Social Security benefits you ultimately receive. For Social Security purposes, the most important numbers to remember are 62, 66, 67, and 70 — all of which are ages that can affect your retirement benefits. …
Whether you’re 62, 65, 67 or 70, here’s why your age matters Read More »
Americans use 401(k) to save money for their retirement, but there are annual limits on the amount that can be saved by the individual and their employer. ONE traditional 401(k) gets a tax break that helps the saver in the near future, while a Roth 401(k) get a free income during the pension, how many …
What is the maximum contribution for people over 50? Read More »
In February 2022, a 31-year-old reader named GB shared his financial journey: From 5 lakhs in debt to building a corpus worth six years in retirement. This is an updated revision. About this series: I am grateful to the readers for sharing intimate details of their financial life for the benefit of the readers. Some …
I started my journey in debt, but now invest 50% of my salary for retirement Read More »
Many seniors get most of their monthly income from Social Security. And for some people, these represent advantages all of their pension income. It’s not an ideal scenario. It’s better to have a healthy nest egg to fall back on in retirement and let Social Security serve as just one of several sources of income. …
Seniors on Social Security may have to cut their spending in 2024. Here’s why. Read More »
