1. Retirement is expensive and you can t borrow for it
It s estimated that the average retiree needs a $1 million nest egg to retire comfortably. This includes costs of healthcare, everyday expenses, travel, and any inheritance you d like to pass on. This number can be a bit mind-boggling, especially to two young, soon-to-be-parents just starting out in their careers.
When our financial advisor walked us through what we d need to save each month in order to reach our retirement goals, we were shocked to learn that we could actually afford the $500 contribution to my husband s 401(k) (which was matched at 75% by his employer), plus the $500 per month contribution to my IRA.
DocuSign (DOCU). And as of the end of September, 35 constituents of the Nasdaq 100 would have previously been members of the Next Gen index. That means the Next Gen index should offer investors the opportunity to own such names earlier in their growth cycle at a cheaper valuation.
“We found a lot of parallels in the companies in these two indexes,” said Ryan McCormack, QQQ strategist at
Invesco (IVR). “They are committed to innovation and striving to stay ahead of the curve through heavy spending on research and development and reinvesting in their businesses.”
There are some notable differences between the two indexes besides the constituents’ stock-market value, however. To start with, the Nasdaq Next Gen 100 Index is much less concentrated and top heavy than the Nasdaq 100. The top 10 constituents only account for 21% of the index as of September 30, 2020, much less than the 58% in Nasdaq 100.
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A connected-fitness cash grab is coming, and
Now hear me out. We secure seed funding from
Nike and Perdue Farms, then geotag some birds, build tracking apps for smartphones and watches, and hire studio trainers to record inspiring Mickeyisms: “Ya catch this thing, ya can catch greased lightning,” and so on. By next fall, CLUX could be ringing the opening bell at Nasdaq.
OK, the pitch needs fine-tuning. It’s just that every form of exercise I can think of seems to be going online and striking it rich: cycling, rowing, yoga, lifting, and boxing. There are widespread reports of bellies expanding during quarantine, and many gyms remain closed. Vaccines are coming, which means that by summer, office workers could be seeing one another below the Zoom frame for the first time in more than a year.
Living in Retirement columnist Neal Templin learned long ago to bring his wife on his annual Christmas tree expedition. That didn’t work out so well this year.