As global wealth at the very top continues to expand, with fortunes like Elon Musk’s nearing historic highs, one question stands out: Does birthplace shape the odds of becoming a billionaire? To shed more light on this age-old question, I am sharing a new international ranking highlighting the cities that have produced the most billionaires. 54-year-old … Read more
The National Institute on Retirement Security is ringing the alarm on the upcoming silver tsunami. Most Americans will not have enough money for a financially secure retirement, and they are worried about it, was the testimony of Dan Doonan, executive director of the National Institute on Retirement Security (NIRS), at a hearing before the Senate … Read more
According to U.S. Census Bureau figures, 12,000 people will start turning 65 each day, hitting an estimated total of 4 million for 2024. If you are one of those 4 million people, you may be thinking about ways to limit tax liability on your retirement income. You will want to keep as much of your … Read more
A comfortable and secure retirement is a core part of the American dream. After decades of hard work, everyone hopes for financial stability during their golden years. Yet, many Americans are uncertain about their financial futures. In fact, only 21% of workers are very confident they’ll have enough savings to retire comfortably, while 68% are … Read more