Reaching Archives - DR News - News, Retirement, Finance

Momentum: Lower-Cost Trade Strategy for S & P 500 After Reaching New All-Time Highs

Investors in New York City are celebrating as the first six weeks of 2024 have been lucrative, with the equity market reaching new all-time highs. The $8 trillion in cash sitting on the sidelines represents cautiousness among some investors, while others focus on the better-than-expected earnings season, continued consumer strength, and cooling inflationary data in the U.S. Global investors are also eyeing the possibility of the S&P 500 hitting the 5,100 mark before falling below …

Search Efforts Intensify Amid Rising Death Toll, Reaching 151 in Southern India Landslides

Thiruvananthapuram, India – A devastating series of landslides triggered by heavy monsoon rains in southern India has resulted in the death of at least 151 people, with many more missing and feared buried under mud and debris. Rescue operations have intensified, with teams laboriously searching through ravaged villages and towns in the state of Kerala, where whole communities have been swallowed by the earth. The relentless rainfall began late last week, causing rivers and dams …

401(k) Millionaires: The 3 Secrets to Reaching a $1 Million Retirement Portfolio

New York, NY – Achieving a $1 million retirement portfolio may seem like a distant dream for many, but recent estimates show that only 3.2% of Americans have managed to reach this milestone by the end of the last decade. Surprisingly, these individuals are not privy to any special savings plans or knowledge that the average person doesn’t possess. What sets them apart are a few simple yet powerful secrets that have propelled them to …

United States Social Security Retirement: Maximum Payment Reaching $2,710 in May 2024

Los Angeles, California – As Americans approach retirement age, understanding the intricacies of the United States Social Security system is crucial. Knowing the rules and regulations that govern Social Security payments can help individuals better plan for their golden years. In May 2024, there will be changes to the maximum Social Security retirement payment, impacting beneficiaries across the country. While the maximum retirement check may be enticing, it is important to note that not everyone …

Retirement Planning: Single Mother in British Columbia Strategizes on Reaching $60,000 After-Tax Income Goal

Kelowna, British Columbia – A single mother, Mary, aged 46, is navigating the challenges of planning for her future while raising her 13-year-old son. As a self-employed accountant in British Columbia, Mary is looking to increase her income to secure a stable future for both herself and her child. With a gross income of approximately $90,000 per year and various sources of financial support, including child benefits and child support, Mary is actively working towards …