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Here’s where younger generations expect their retirement income to come from

Here’s where younger generations expect their retirement income to come from

Finance
Hero Images | Hero Images | Getty ImagesMany Americans believe they will live longer than their parents.For younger generations, that has led to a big concern: how they will provide financially for those extended years.That's according to a new online poll from the Longevity Project and Morning Consult, which surveyed 2,200 U.S. adults in December.Of the individuals polled, 63% said they expect their lives to be longer than their parents'. That rate was even higher for members of Gen Z, those ages 18 to 22, with 70% indicating they expect to live longer.More from Personal Finance:Here's how to pay down debt and set yourself up for successThis online tool helps figure out how much cash you needHere's when your tax return could spark interest from the IRSDespite those hopes, many individuals...
Orphaned chimps develop less muscle mass than their peers with living moms

Orphaned chimps develop less muscle mass than their peers with living moms

Science
Jan. 7 (UPI) -- The benefits of the nurturing presence of a mom, beyond simply a source of food, are well documented among humans. Time spent with mom is associated with cognitive, social and emotional development. The benefits moms offer juvenile chimpanzees, after they've weaned, are less well understood, but a new study, published this week in the journal Frontiers in Zoology, suggests orphaned chimps develop less muscle mass than chimps with living mothers. "We assessed the muscle mass of 70 offspring from 41 mothers by means of urinary creatinine concentrations, a by-product of metabolic activity in muscles," Tobias Deschner, a researcher at the Max Planck Institute for Evolutionary Anthropology in Germany, said in a news release. The analysis showed, unsurprisingly, that muscle mas...
Most investors make less returns than their schemes: Axis Mutual Fund report

Most investors make less returns than their schemes: Axis Mutual Fund report

Finance
Most mutual fund investors make lower returns than their mutual fund schemes due to their bad habit of frequently getting in and out of schemes, shows an analysis of Axis Mutual Fund. ‘Analysis of Indian investor behaviour and its impact on performance’ by Axis Mutual Fund looked at the performances across different category of funds, including equity, hybrid and debt funds in the short and the long term. The findings of the report conclude “investor flows are not stable but instead tend to follow market performance and as a result their realised returns are much worse than what they would have achieved by using either simple buy and hold or systematic investment strategies.” The report further adds that the effect is persistent across different time periods and shows that there has been l
Instagram to warn users over ‘bullying’ language in their captions

Instagram to warn users over ‘bullying’ language in their captions

Technology
Instagram will start warning users when it detects potentially bullying language in its captions.The app said it will use artificial intelligence to spot possibly harmful language and give users the opportunity to reconsider it before sharing. A similar feature was introduced earlier this year which warned users if it thought their comments on other people's posts contained bullying or offensive language.If the AI spots something, a message will appear telling the user the caption looks similar to others that have previously been reported and gives them the option to edit it, learn about why it was flagged, or share it anyway.It comes amid criticism that Facebook-owned Instagram has not acted quickly enough to remove abusive and potentially dangerous content from the platform. ...
People in this state take the most time to pay off their credit cards

People in this state take the most time to pay off their credit cards

Finance
Customers pay at a cashier station in a JCpenney Store at the Newport Mall in Jersey City, New Jersey.Kena Betancur | Getty ImagesGoing big on those holiday purchases will cost you — especially if you're in New Mexico.Residents in the Land of Enchantment take 17 months to pay off an average credit card balance of $ 8,356, according to new data from CreditCards.com. Consumers in the state are the most heavily burdened with credit card debt, the personal finance site found.CreditCards.com analyzed household income and debt data from the U.S. Census Bureau and Experian.The size of your credit card balance isn't the only factor in determining whether the debt is truly burdensome.Annual household income also influences how speedily you can pay off what you owe, said Ted Rossman, industry analys