Tag #Retirement

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smh.com.au

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Dec 17, 22:11

Australian Retirement Income: Sufficient but with Caveats

The Australian superannuation system is projected to provide sufficient funds for a comfortable retirement for most, despite common fears; however, homeownership and future policy adjustments are crucial factors.

Australian Retirement Income: Sufficient but with Caveats

The Australian superannuation system is projected to provide sufficient funds for a comfortable retirement for most, despite common fears; however, homeownership and future policy adjustments are crucial factors.

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How do factors like homeownership, government pensions, and tax policies affect the required superannuation balance for a comfortable retirement?

Many overestimate retirement needs. Post-retirement savings include reduced work expenses, more self-sufficiency, age pension contributions, lower tax rates for retirees, and substantial discounts on various services like council rates and utilities. These factors significantly reduce required income.

foxnews.com

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Dec 12, 16:09

Sanders Signals Upcoming Senate Term Will Be His Last

Senator Bernie Sanders, 83, announced his next Senate term will likely be his last, ending a career spanning decades in the House and Senate, marked by presidential runs and criticism of the Democratic Party.

Sanders Signals Upcoming Senate Term Will Be His Last

Senator Bernie Sanders, 83, announced his next Senate term will likely be his last, ending a career spanning decades in the House and Senate, marked by presidential runs and criticism of the Democratic Party.

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How does Senator Sanders' age and political career compare to other long-serving senators?

Sanders' announcement reflects the typical age of retirement for US Senators. His decision follows his recent re-election, suggesting a planned end to his political career, and his age aligns with the general trend of older politicians retiring. His comments also highlight the generational shift in American politics.

apnews.com

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Dec 11, 04:10

"Kevin Shattenkirk Retires After 14-Season NHL Career"

"Kevin Shattenkirk, 35, a Stanley Cup-winning defenseman, retired from the NHL after 14 seasons, citing career accomplishments and friendships as key factors in his decision."

"Kevin Shattenkirk Retires After 14-Season NHL Career"

"Kevin Shattenkirk, 35, a Stanley Cup-winning defenseman, retired from the NHL after 14 seasons, citing career accomplishments and friendships as key factors in his decision."

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"What are the key highlights of Kevin Shattenkirk's NHL career and what is the significance of his retirement?"

"Kevin Shattenkirk, a 35-year-old defenseman, announced his retirement from the NHL after 14 seasons. His career highlights include winning the Stanley Cup with the Tampa Bay Lightning in 2020 and scoring the game-winning overtime goal in Game 4 of the Stanley Cup Finals. He also represented the U.S. at the 2014 Sochi Olympics and played 952 regular season games across seven teams."

lefigaro.fr

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Dec 10, 22:09

French Retirees Receive 2.2% Pension Increase After Barnier Government Collapse

French retirees will see a 2.2% increase in their basic pensions starting January 1st, 2024, adding €18 to the average monthly pension of €814, following the fall of the Barnier government which had proposed delaying the indexation.

French Retirees Receive 2.2% Pension Increase After Barnier Government Collapse

French retirees will see a 2.2% increase in their basic pensions starting January 1st, 2024, adding €18 to the average monthly pension of €814, following the fall of the Barnier government which had proposed delaying the indexation.

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What is the immediate impact of the 2.2% pension increase on French retirees?

French retirees will receive a 2.2% increase in their basic pensions starting January 1st, 2024, amounting to an average of €18 more per month. This follows the fall of the Barnier government and the subsequent application of the default rule indexing pensions to inflation. The increase will be applied to January pension payments, disbursed in early February.

nos.nl

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Dec 9, 22:09

Paralympic Swimmer Zijderveld Retires at 24

Paralympic swimmer Chantalle Zijderveld, 24, retired after a successful career marked by seven Paralympic medals, citing mental fatigue and relocation of training as key factors; she plans to pursue a career in accountancy.

Paralympic Swimmer Zijderveld Retires at 24

Paralympic swimmer Chantalle Zijderveld, 24, retired after a successful career marked by seven Paralympic medals, citing mental fatigue and relocation of training as key factors; she plans to pursue a career in accountancy.

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What factors contributed to Zijderveld's decision to retire from competitive swimming at the age of 24?

Chantalle Zijderveld, a 24-year-old Paralympic swimmer, has retired after a 9-year career. She won seven Paralympic medals (three gold, two silver, two bronze) and numerous world and European titles. Zijderveld cited the move of her training to Eindhoven and mental fatigue as reasons for her retirement.

forbes.com

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Dec 8, 16:08

2025 Social Security COLA Set at 2.5%, Impacting Retiree Budgets

The Social Security Administration announced a 2.5% cost-of-living adjustment (COLA) for 2025, significantly lower than the 8.7% increase in 2022, impacting millions of retirees and potentially increasing taxes on benefits for some.

2025 Social Security COLA Set at 2.5%, Impacting Retiree Budgets

The Social Security Administration announced a 2.5% cost-of-living adjustment (COLA) for 2025, significantly lower than the 8.7% increase in 2022, impacting millions of retirees and potentially increasing taxes on benefits for some.

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What is the impact of the 2.5% 2025 Social Security COLA on retirees' financial security, considering current inflation rates and reliance on Social Security?

The Social Security Administration (SSA) announced a 2.5% cost-of-living adjustment (COLA) for 2025, impacting millions of retirees. This increase, significantly lower than the 8.7% in 2022, will likely leave many retirees with reduced purchasing power, particularly given persistent inflation. The smaller COLA may also increase taxes on Social Security benefits for some recipients.

cnbc.com

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Dec 15, 19:11

House Passes Social Security Fairness Act; Senate Vote Looms

The House passed the Social Security Fairness Act (327-75), aiming to eliminate rules reducing benefits for 2.8 million public pensioners; the Senate must now pass it before the session ends, facing opposition from experts who argue the bill lacks cost offsets.

House Passes Social Security Fairness Act; Senate Vote Looms

The House passed the Social Security Fairness Act (327-75), aiming to eliminate rules reducing benefits for 2.8 million public pensioners; the Senate must now pass it before the session ends, facing opposition from experts who argue the bill lacks cost offsets.

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What are the immediate impacts of the House's passage of the Social Security Fairness Act, and what is its significance?

The House overwhelmingly passed the Social Security Fairness Act (327-75), aiming to eliminate rules reducing benefits for 2.8 million people with public pensions. Senate Majority Leader Chuck Schumer pledged a Senate vote, but time is running short before the Congressional session ends.

bbc.com

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Dec 11, 07:10

Guardiola: Manchester City to be final club role

Pep Guardiola, manager of Manchester City, announced his current position will be his last club role, signaling a potential shift towards national team coaching after his contract extension until 2027, highlighting a significant change in the future of football management.

Guardiola: Manchester City to be final club role

Pep Guardiola, manager of Manchester City, announced his current position will be his last club role, signaling a potential shift towards national team coaching after his contract extension until 2027, highlighting a significant change in the future of football management.

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Peace, Justice, and Strong Institutions

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What are the immediate implications of Pep Guardiola's statement on the future of Manchester City and his own coaching career?

"Pep Guardiola has managed Manchester City for over eight years, exceeding his combined tenure at Barcelona and Bayern Munich. He's won 15 major titles with City since 2016 and recently signed a two-year contract extension until 2027. Guardiola stated that managing City will be his last club job, possibly transitioning to national team coaching later."

theglobeandmail.com

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Dec 10, 13:11

Genetic Data Enhances Financial Planning for Retirement

US financial advisors are using clients' genetic and health data to create personalized financial plans and longevity risk assessments, improving retirement planning by offering more precise predictions of lifespan and healthcare needs, leading to better resource allocation and financial security.

Genetic Data Enhances Financial Planning for Retirement

US financial advisors are using clients' genetic and health data to create personalized financial plans and longevity risk assessments, improving retirement planning by offering more precise predictions of lifespan and healthcare needs, leading to better resource allocation and financial security.

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What are the potential ethical concerns and future implications of using genetic and health information in financial planning?

The increasing use of genetic and health data in financial planning signals a shift towards a more personalized and data-driven approach to wealth management. This trend may lead to the development of new financial products tailored to individual longevity profiles and improved health interventions. However, ethical considerations surrounding data privacy and potential biases need to be addressed.

nos.nl

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Dec 9, 22:09

Paralympic Swimmer Zijderveld Retires at 24

24-year-old Paralympic swimmer Chantalle Zijderveld retired after winning seven Paralympic medals, citing the move of her training location to Eindhoven and mental exhaustion as contributing factors. She will pursue a career in accountancy.

Paralympic Swimmer Zijderveld Retires at 24

24-year-old Paralympic swimmer Chantalle Zijderveld retired after winning seven Paralympic medals, citing the move of her training location to Eindhoven and mental exhaustion as contributing factors. She will pursue a career in accountancy.

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What factors contributed to Zijderveld's decision to retire from Paralympic swimming at the age of 24?

Chantalle Zijderveld, a 24-year-old Paralympic swimmer, has ended her career. She won seven Paralympic medals (three gold, two silver, two bronze) and multiple world and European titles. Zijderveld cited the move of training to Eindhoven and mental exhaustion as reasons for retiring.

cbsnews.com

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Dec 9, 22:09

Home Equity Borrowing: Risks and Rewards for Seniors

Home equity loans and HELOCs offer low interest rates but risk home loss if not repaid; seniors should explore reverse mortgages and avoid using home equity for non-essentials.

Home Equity Borrowing: Risks and Rewards for Seniors

Home equity loans and HELOCs offer low interest rates but risk home loss if not repaid; seniors should explore reverse mortgages and avoid using home equity for non-essentials.

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What constitutes responsible versus irresponsible use of home equity loans for seniors, considering their potential financial constraints?

Using home equity for essential home repairs or renovations is more financially sound than for non-essential spending like holidays or new cars. This is crucial for seniors on fixed incomes who might struggle with monthly payments if using home equity for non-essential purchases.

zeit.de

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Dec 5, 13:08

Hamilton to leave Mercedes for Ferrari in 2025

Lewis Hamilton will end his 18-year partnership with Mercedes after the Abu Dhabi Grand Prix on December 3rd, 2023, to join Ferrari in 2025, seeking more World Championship titles; he drove every F1 lap with a Mercedes engine.

Hamilton to leave Mercedes for Ferrari in 2025

Lewis Hamilton will end his 18-year partnership with Mercedes after the Abu Dhabi Grand Prix on December 3rd, 2023, to join Ferrari in 2025, seeking more World Championship titles; he drove every F1 lap with a Mercedes engine.

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What are the immediate implications of Lewis Hamilton's move from Mercedes to Ferrari?

Lewis Hamilton will leave Mercedes after the Abu Dhabi Grand Prix on December 3rd, 2023, to join Ferrari in 2025. This marks the end of an 18-year partnership with Mercedes, during which Hamilton achieved seven World Championships and 103 Grand Prix victories. Hamilton acknowledges the emotional difficulty of this transition and the complexities it introduced this season.

Showing 325 to 336 of 387 results