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Why this may be the only retirement book you’ll ever need

Why this may be the only retirement book you’ll ever need

Finance
Jane Bryant Quinn, personal finance expert and author.Jane Bryant QuinnIn an era when everyone with a checkbook fancies himself a money guru and blogger, it's refreshing to see "How to Make Your Money Last" by Jane Bryant Quinn updated and reissued.Jane eschews the typical and bland bromides, such as "eat ramen" and "save more," that often passes for financial advice these days for practical, actionable information organized by the topics retirees and those close to retirement need to grapple with and understand, such as Medicare, Social Security, pensions and more.For example, in the book she delivers a great takedown of cash-value life insurance when sold as "free" retirement income, when the reality is it's a complex, fee-laden product pitched to unsuspecting consumers who may not reco...
If you hit the $211 million Mega Millions jackpot, here’s what you’ll pay in taxes

If you hit the $211 million Mega Millions jackpot, here’s what you’ll pay in taxes

Finance
Before you start counting all the ways you'd use the $ 211 million Mega Millions jackpot if you're lucky enough to win, remember that a hefty chunk of the bonanza goes to Uncle Sam.The game's top prize has been climbing since late July, when a single ticket sold in New Hampshire matched all six numbers to win $ 168 million. And while the odds are stacked against players hitting the jackpot — your chance is about 1 in 302 million — the IRS is always a guaranteed eventual winner.Whether you take the prize as an annuity spread out over three decades or as an immediate, reduced lump sum, 24% is withheld for federal taxes. However, the top marginal tax rate of 37% means owing a lot more to the IRS at tax time. State taxes typically are due, as well.For Friday night's drawing, the cash option — ...
How much you’ll need in retirement savings by age 30, 40, 50 and beyond

How much you’ll need in retirement savings by age 30, 40, 50 and beyond

Finance
Saving for retirement.Everyone knows they need to do it, but it can be hard to put away all that money when you could be spending it now.You are in a race against time and the later you start, the harder it will be to catch up.To that end, Fidelity has put together a list of benchmarks you need to hit by certain ages if you want live comfortably in retirement.The investment giant says you should aim to save the equivalent of your annual salary by the time you are 30, two times your salary by 35 and three times your annual salary by age 40. The eventual goal for a secure retirement should be 10 times your annual salary in savings.Check out the video to learn more about how much you should be saving and tips on how to get there.More from Invest in You:Disclosure: NBCUniversal and Comcast Ven...
Sex-bomb strips naked for cheeky bathtub video – you’ll NEVER guess what she does next

Sex-bomb strips naked for cheeky bathtub video – you’ll NEVER guess what she does next

Entertainment
In the cheeky video the blonde beauty thrills viewers by playing homage to a certain Hollywood superstar.Busty model Sara enjoys a bubble bath, glass of fizz and a good old chat about penny stocks in the racy footage.Eagle-eyed viewers quickly picked up on the clip being a nod to Margot Robbie’s cameo appearance in 2015 Brad Pitt and Ryan Gosling flick The Big Short.In the film, documenting the global recession from 2007-2009, The Wolf of Wall Street actress explains the subprime mortgage securities market to the camera while reclining in a bubble bath.Former Playmate of the Year Sara gives a similarly titillating speech from the comfort of her bathroom.youtubeRACY: Viewers were unsurprisingly won over by the cheeky advertisingStock trader turned Instagram star Timothy Sykes called on the ...