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How to build your own pension with annuities

How to build your own pension with annuities

Finance
In the past, workers often could rely on having two sources of retirement income: Social Security and the pension their employer paid them. Having two reliable monthly checks coming in made it possible to have a financially secure retirement without necessarily having a lot of outside savings. Now, though, most companies don't offer pensions, and it's critical to save money for retirement in order to supplement Social Security payments that, in nearly all cases, are inadequate to cover your living expenses. If you have a retirement nest egg, one thing you can do with a portion of your savings is purchase what's known as an immediate annuity. By doing so, you can essentially build your own pension and get a guaranteed income to supplement Social Security for the rest of your life. Wha...

Make Saving for Retirement Easier — Invest Some Fun

Finance
[unable to retrieve full-text content]Being told to save for retirement when you re starting a career can sound as appealing as eat your vegetables did when you were a kid at the dinner table But the task doesn t have to be as drab as digging into a plate of steamed cauliflower You can spice up the process to Latest Articles in
The government created a fake cryptocurrency to help you avoid scams

The government created a fake cryptocurrency to help you avoid scams

Finance
What is an ICO? There's a hot new crypto coin linked with luxury travel out there: HoweyCoins. But this initial coin offering isn't going to earn you anything more than a better understanding of how crypto works and a warning about scams. This mock ICO — or initial coin offering — is a creation of the Securities and Exchange Commission's office of investor education and advocacy in an effort to teach people about the dangers and pitfalls of investing in cryptocurrencies. Lesson one: If it sounds too good to be true, it probably is. The goal of the project is to acquaint investing novices with signs of fraud before it's too late. "The rapid growth of the 'ICO' market, and its widespread promotion as a new investment opportunity, has provided fertile gro...
Inditrade Group looks to grow inorganically

Inditrade Group looks to grow inorganically

Finance
Kolkata: Inditrade Group is actively working on the acquisition plans to grow faster and is looking to raise about Rs 200 crore to expand its different business units. The group plans to grow aggressively to raise stakes among the micro and small borrowers. The capital will be raised in a combination of equity and debt, group chairman Sudip Bandyopadhyay told ET. “We will continue to actively look for both organic and inorganic growth to grow rapidly,” Bandyopadhyay said. However, Inditrade Capital’s attempt to acquire a majority stake in microfinance firm Varam Capital has fallen flat as negotiations failed. Inditrade Capital floated Inditrade Microfinance as its wholly owned subsidiary in April last year. Bandyopadhyay said that Inditrade Capital’s non-banking un...