#Retirement Security

[alwaysbewoke]

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[fuscoinsuranceagency]

Fusco Insurance, Retirement $ Wealth Planning Services, Inc.

August 2024 Newsletter Fusco Insurance, Retirement & Wealth Planning Services Inc.August 2024 Newsletter A Message from Fusco Insurance Dear Valued Clients and Friends, As we move through August, we want to remind you that planning for the future is more than just a necessity—it’s an opportunity to secure peace of mind for you and your loved ones. This month, we’re focusing on essential…

[chloesimaginationthings]

Matpat will always be welcomed into the FNAF universe

[oscarisaacasimov]

How to Save for Retirement

Good news: There's a lot about retirement savings that you DO NOT have to thoroughly understand to make savvy investments. You don't have to be a math person or have a traditional job or have a "5 year plan".

1) Start saving as early as you can. The one financial advantage we have over the older generations is TIME, so USE IT. Starting early means making "free money," your interest earns interest that will be paid back to you. The amount you save in the early years is expected to double every decade, so the more years with an account, the more free money.

2) Start today if you haven't yet. I mean it. Even if it's only 50-100 / month. You will have an account earning free money in your name, and it's easy to add more funds later when the basics are already set up. If you don't have access to a 401(k) or similar, open an IRA (the Roth IRA kind is for those with a low income and a low tax payment in the springs). NOW is more important than which type of account.

3) Choose an "index fund" with a "target date" around the age you expect to retire. Index funds are basically a tiny sliver of the whole economy around you - stocks for companies large and small, bonds for the US government, real estate, international components. Index funds provide better returns for a lower fee than "actively managed" funds, where the professional's guess wrong more often than not. If you are investing in an index, or piece of the market, than the market can never leave you behind. Target dates mean more higher risk, higher reward stocks in the earliest years, and gradually adjusting to more stable and steady bonds as you near retirement and have less time to recoop a loss. If any of this sounds scary or complicated, this is the common and proven best way to invest over a lifetime.

4) If your employer offers a retirement match contribution (often 2% - 5% of your takehome pay), invest at least that much of your own pay, because again we love FREE MONEY.

5) Increase your retirement payments to yourself anytime life gets easier. Significant raise at work? Moved to a cheaper town? Paid off your car / house / student loans / day care years? Send some of that new monthly money straight into the retirement fund.

6) Your eventual goal is to save 15% of your annual income toward retirement. If this seems insane, start where you can, and aim to add an additional 1-2% with every new year.

7) "Set it and forget it." DO NOT TOUCH your retirement money. Don't even look at it. Maybe once / year if you are curious. The road of compound interest will include some downturns with the stock market is down. This is normal for everyone, but keeping that steady investment through highs & lows is the best strategy for longterm growth of your money.

7b) It is not a kindness to your children to pull money out of your retirement savings on their behalf. You'll lose that much money plus the years of "free money" accumulation plus some early withdrawal fees &/ weird tasks. This makes you more likely to become financially dependent on your kids during your retirement. Not a favor in the long run.

8 ) "If investing feels fun and exciting, then you are not investing, you are gambling." If you are intrigued by the idea of investing in particular companies or trying to time the market - cool. Take some money that wouldn't be disastrous to lose and try your luck - the odds are not in your favor. But your retirement plan must be slow and steady. Source

[beingjellybeans]

Retirement planning in the Philippines: your guide to secure your financial future

Retirement is an important phase of life that requires careful financial planning to ensure a comfortable and stress-free future. As retirement approaches, it’s essential to have a solid plan in place to secure your financial stability. In this guide, we will explore the key steps to planning for retirement in the Philippines, including how to start a retirement plan and determine the amount of…

[goddess47]

For the Oldsters around here...

I saw yet another poll/reblog for "if you're over 30"... pish. I have shoes that are over 30! (Like, I never wear them but, well, they're nice shoes!)

So this is for the oldsters that I know are on Tumblr.

All the usual blah-blah... reblog, tag, etc...

[fnaf-memories]

( August 7, 2020 )

4 years ago today, a new teaser was posted on scottgames.com featuring Vanny.

[socialjusticeinamerica]

We can’t go on like this. Between oligarchs directly squeezing employees to their Republican puppets cutting and blocking aid were on the precipice of a catastrophe. Possibly more than half the population could be broke, without insurance, and homeless in a few years.

We need to remove the Republicans and start passing drastic social legislation to stave off this impending crisis.

[bxnnie-bxwl]

DOCTORS HATE HIM!

this grandpa escaped purgatory with this one simple trick!

afton!bonnie au

[bumblingbabooshka]

Hey, Star Trek Writers... -taps the glass-

[moonshynecybin]

please i need you to elaborate about a rosquez proposal 🙏🏻. how, when and where would it be?

rosquez proposal is so interesting to me because i really dont think reconciliation solves all of their problems. like. sepang! somewhat yes. competition! if marc’s retired sure. THAT whole awful breakup and friction sage is mostlyish (the body does in fact keep the score sorry dudes) resolved. BUT. that does not get rid of some of vale’s weird gun-shy child of divorce marriage issues that in part (in rpf world) have compelled him to push marc away as hard as he could for some years…. like sure now he knows he’s COMMITTED he’s IN LOVE he’s IN THIS he’s subsumed marc into his life entirely and he’s HAPPY ! but resolving all that does not in fact fix his various neuroses i suspect. marriage is kind of the last hurdle that he’s scared to jump because it really DOES mean there’s no easy exit ramp if he gets hurt (again he was WILDLY hurt by the betrayal he made up in his head in 2015 lmao)…. and i also suspect marc of crazybananas loyalty complex (and valentino rossi abandonment trauma lmao) fame wants to get married frankly yesterday, and every second vale DOESNT propose he gets antsier and antsier…. so i do think it’s a moment a couple years post reconciliation where maybe they already have a KID and marc (less stir crazy about abandonment post baby lmao) snaps while they’re maybe. unloading the groceries or something mundane and domestic out of fucking NOWHERE and is like are you EVER going to propose to me?? and vale’s in his khakis munching on a cheese stick eyes HUGE like. UH. and then they elope and have a big ass ranch party a bit later after he does in fact put a ring (that he’s had for a year at this point just STEWING) on it.

[ruvviks]

// oc picrew. [x]

tagged by; @roseeway, thank you so much!!

tagging; @mojaves, @lestatlioncunt, @dickytwister, @ncytiri, @elgaravel and YOU!

ambrose hawthorne [he/him] // cato wu [she/her] eddie wolfe [he/they] // hanan chisaka [she/her] lauren dimas [she/her] // luna serratos [she/they] nimue nkuna [she/he] // ramiel al-masri [he/him] reuben de la rosa [he/him] // rikki valentine [she/her]

[justinspoliticalcorner]

Andrew Perez at Rolling Stone:

EARLIER THIS WEEK, two Democratic senators announced they have requested a criminal investigation into Supreme Court Justice Clarence Thomas — regarding, in part, a loan for a luxury RV provided by a longtime executive at UnitedHealth Group, one of America’s largest health insurers. Thomas apparently recused himself in at least two cases involving UnitedHealth when the loan was active, according to a Rolling Stone review. Yet, he separately chose to participate in another health insurance case and authored the court’s unanimous opinion in 2004. The ruling broadly benefited the industry — shielding employer-sponsored health insurers from damages if they refuse to cover certain services and patients are harmed. Thomas’ advice to patients facing such denials? Pull out your checkbook.

While UnitedHealth was not a party to the case, the company belonged to two trade associations that filed a brief urging the Supreme Court to side with the insurers.  “As we saw so starkly this term, Supreme Court decisions can have sweeping collateral implications: If the court rules in favor of one insurance giant, for instance, it tends to be a boon for all the other insurance giants, too,” says Alex Aronson, executive director at the judicial reform group Court Accountability. “That was the case here, and it’s a perfect example of why justices shouldn’t accept gifts — especially secret ones — from industry titans whose interests are implicated, whether directly or indirectly, by their rulings.” The public had no way of knowing about Thomas’ RV loan at the time of the decision: The loan was only exposed by The New York Times last year. Senate Democrats investigating Thomas believe that much or all of the loan, for a $267,230 motor coach, was ultimately forgiven. Sens. Sheldon Whitehouse (D-R.I.) and Ron Wyden (D-Ore.) recently requested the Justice Department investigate whether Thomas reported the forgiven portion of the loan on his tax filings, after he failed to disclose it in ethics forms.

Meanwhile, Thomas’ health insurance opinion has had wide-ranging, long-lasting ramifications, according to Mark DeBofsky, an employee benefits lawyer and former law professor.  “It hasn’t been rectified. The repercussions continue,” DeBofsky tells Rolling Stone. “People who are in dire need of specific medical care, and [their] insurance company turns around and says, ‘That care is not medically necessary,’ and there’s an adverse outcome as a result of the denial of the treatment, or hospitalization, or service — there’s no recompense for what could have been an unnecessary death or serious injury.” Since last year, the Supreme Court has faced an unprecedented ethics crisis, with much of the focus aimed squarely at Thomas. ProPublica reported that Thomas received and failed to disclose two decades worth of luxury gifts from a conservative billionaire, Harlan Crow, who allegedly provided free private jet and superyacht trips to Thomas and his wife; bought a house from Thomas and allowed the justice’s elderly mother to live there for free; and paid for at least two years of boarding school tuition for Thomas’ grandnephew.

[...] Federal law requires Supreme Court justices to recuse themselves in any case where their “impartiality might reasonably be questioned.” The justices decide for themselves when such a move is necessary — and when they do withdraw from a case, they rarely say why. Thomas does not appear to have explained his decision to withdraw from the two matters that directly involved UnitedHealth. Thomas did not take similar steps in Aetna Health Inc. v. Davila, a case that broadly affected the health insurance industry. He instead authored the court’s opinion, which expanded insurers’ favorite tool for limiting liability: ERISA. Congress passed the Employee Retirement Income Security Act, commonly known as ERISA, in 1974 to protect employee benefits. The law is relatively vague when it comes to “welfare benefits,” and contains a broad preemption clause. The courts have filled in the blanks — including in the Aetna Health case — with distressing results for patients. Half of Americans have employer-sponsored health insurance coverage; nearly all of these plans are governed by ERISA.

Rolling Stone exposes how SCOTUS Justice Clarence Thomas received a $267K RV from a health insurance executive.

[b0bthebuilder35]

Thoughts?

[jinxedanubis]

TSBS Retirement

GUESS WHO RETIRED FROM TSBS BABYY!!! 💥💥💥 (proceeds to get a little too real on main /silly)

Now back to your regularly scheduled content!!

[soath]

vox machina: half of a coed secret society currently facing university crackdown due to excessive rowdiness and flagpole scaling get a sizable townhouse; there they handle lizard escapes, child support requests, police scrutiny, many villainous professors, and members who won't stop getting engaged to each other.

the mighty nein: paranoid houseboat owners renting the absolutely cheapest moorings at a marina in a midsized european canal city band together against judgemental neighbors/local boat safety inspections/the concept of decay/ecosystem degradation in their waterways/their own dark pasts/two art-student ass cults; against all odds succeed at everything.

bell’s hells: posters on a queer housing page in toronto pack 6-11 people (depending on the day) into a two bedroom; ping-pong between icily polite spy warfare and cloying codependence, all while ostensibly working together to save a critically endangered species of salamander—end up involved in years old industrial drama opposing their friend’s shady mining corporation mom.