News That Matters

Tag: making

Why these teachers' retirement plans aren't making the grade

Why these teachers' retirement plans aren't making the grade

Finance
Andrea Viudez, 37, followed all the rules of retirement savings when she started her career as a middle school math teacher in Hudson County, New Jersey. She joined the school's 403(b) plan, purchasing an annuity from an insurance company representative who hosted a presentation in the teachers' lounge. With every paycheck, Viudez made a faithful contribution of $ 215. In an annuity, savings accumulate on a tax-deferred basis that pay out a monthly stream of income for life once you retire. Annuity contract holders can invest their money in underlying investments that are similar to mutual funds. These are known as subaccount...
Posthumous Leonard Cohen album in the making

Posthumous Leonard Cohen album in the making

Entertainment
A posthumous Leonard Cohen album is in the making, according to his son. The Canadian singer-songwriter died in his sleep in 2016, aged 82, after falling during the night at his Los Angeles home.He was buried in his hometown of Montreal.In an interview with CBC's q, which airs on Monday, his son and producer Adam Cohen said he has been working on an unfinished collection of songs by his father.Mr Cohen said: "I was tasked with finishing a few more songs of his that we started together on the last album, so his voice is literally still in my life."It's a bizarre and delicious entanglement." Image: Leonard Cohen's son and producer Adam Cohen The Hallelujah singer's posthumous album is expected to be released next ye...
Retirement planning mistakes you probably don't realize you're making

Retirement planning mistakes you probably don't realize you're making

Finance
Planning young: a retirement roadmap Though retirement can be a fulfilling time in people's lives, it can also be a stressful one. This especially holds true if you fall victim to the following mistakes, so be sure to avoid them at all costs. 1. Relying too heavily on Social Security Millions of seniors collect Social Security in retirement, and those monthly payments play a pivotal role in helping beneficiaries keep up with their expenses. But if you're planning to live on Social Security alone once your career comes to a close, you're making a huge mistake. Contrary to what you may have been led to believe, Social Security isn't designed to replace your former paycheck. If you were an average earner, those benefits will translate into roughly 40% of your previous i...
Arsenal FC news: Laurent Koscielny back in training and ‘making very good progress’ from Achilles operation, reveals manager Unai Emery

Arsenal FC news: Laurent Koscielny back in training and ‘making very good progress’ from Achilles operation, reveals manager Unai Emery

Sports
GUNNERS BOOST Gunners boss suggests the French centre-back could be back in action before the end of 2018  Arsenal have been handed a boost as captain Laurent Koscielny returned to training on Thursday for the first time since having surgery on an Achilles injury. The France defender missed the World Cup after rupturing his Achilles in the Gunners’ Europa League semi-final defeat to Atletico Madrid in May. Laurent Koscielny suffered injury heartbreak in the Europa League last season, ruling him out of the World Cup Initial reports suggested the 32-year-old may not play again in 2018. But manager Unai Emery has revealed Koscielny has stepped up his recovery and is ‘making good progress’ as he works his way ...
Liverpool 3-1 Torino: Reds finish pre-season campaign by making light work of Serie A side

Liverpool 3-1 Torino: Reds finish pre-season campaign by making light work of Serie A side

Sports
LOOKING GOOD Goals from Roberto Firmino, Georginio Wijnaldum and Daniel Sturridge helped Jurgen Klopp's men past Torino Liverpool rounded off their productive pre-season campaign with a satisfying 3-1 victory over Torino at Anfield. It spells the end of a summer which has seen Jurgen Klopp’s men record some impressive victories including a 4-1 triumph over Manchester United as well as a 5-0 demolition job of Serie A giants Napoli. Daniel Sturridge got himself on the scoresheet to continue his impressive pre-season The Reds, who were playing their first match at their home ground for the first time in almost three months started well and won a penalty when Sadio Mane was upended by Gleison Bremer. However, Fabinho, a penalty-taking speci...