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That enjoyable 'mini retirement' requires serious planning

That enjoyable 'mini retirement' requires serious planning

Finance
Are you ready to leave your job, ride off into the sunset and devote time and energy to more personally meaningful pursuits? If you answered yes but are still 20 to 30 years away from a traditional retirement, you may want to consider taking a "mini retirement." Unfamiliar with this concept? Author Tim Ferriss created and defined it in his book "The 4-Hour Workweek." Essentially, mini retirements are a series of intentional breaks throughout your career, rather than one final retirement after a life of labor. This is different from a sabbatical or unpaid leave. We're talking about a clean break from your employer, followed at...
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...
Lennox Lewis planning sensational return to boxing at 52 to take on Vitali Klitschko in exhibition fight

Lennox Lewis planning sensational return to boxing at 52 to take on Vitali Klitschko in exhibition fight

Sports
lew what? The Briton last fought in 2003 but may be about to lace up his gloves again Lennox Lewis is reportedly planning to make a sensational return to the ring to face Vitali Klitschko. The 52-year-old – the last undisputed heavyweight world champion – is eyeing an exhibition bout with his old Ukrainian rival later this year. Lennox Lewis may be lacing up his gloves once more The duo fought in 2003 and Lewis was given one of the most testing nights of his career before the fight was stopped in the sixth due to a severe cut to Klitschko’s left eye. It proved to be the final fight of Lewis’ career, but the Briton may now lace up his gloves once more, according to World Boxing News. Klitschko is the ...
Tax planning has two parts: Are you taking care of both?

Tax planning has two parts: Are you taking care of both?

Finance
"Tax planning should be seen as part of financial planning and not be addressed in isolation," said, Gaurav Monga, CFP, while speaking at the ET Wealth Investment Workshop in Delhi yesterday. Explaining further, he said: "Tax planning should be mapped to your overall financial goals and objectives. Also, planning to save your taxes should be an annual exercise whether you earn your income from salary or business." According to Monga, tax planning has two parts: a) Reducing your tax liability on the different types of income earned by you such as salary, interest and so on. b) Reducing your tax liability by investing in tax saving instruments which directly reduces the tax payable on your income. While investing to save tax, most of us make investments which are not suitable for meeting...
Is Apple planning to sell crumb-proof keyboards?

Is Apple planning to sell crumb-proof keyboards?

Technology
Crumb-proof keyboards may be on the horizon after Apple filed a patent for new designs.Digging out remnants of your lunch - or a cheeky mid-morning biscuit - from your keyboard could become a thing of the past, with the patent describing different keyboard designs which will "prevent contaminant ingress".Skirts or flaps could be used to protect the edges of keys - similar to the spraydeck of a kayak. Other designs show brushes or wipers used to keep keys clean.Another design shows a keyboard which contains "bellows that blast contaminants with forced gas".Image:Flaps could be used to protect the edges of keys - like the blue spraydeck on this kayakCoffee enthusiasts may also benefit from the patent, as the proposed designs include spill-proof versions intended to help clumsier users who ar...