|
The meaning of Xi's military purge Financial TimesExclusive | China's Top General Accused of Giving Nuclear Secrets to U.S. - WSJ The Wall Street JournalXi Jinping's purge should worry the world The EconomistThe Unsettling Implications of Xi's Military Purge Foreign AffairsWhy Xi Jinping Has Purged His Top Military Leaders Bloomberg
|
|
Nets May Make Offer For Giannis Antetokounmpo Hoops RumorsSources: Heat, Wolves, Knicks, Warriors among Giannis suitors ESPNGiannis Antetokounmpo's best landing spot? 12 takes on the trade talks surrounding the Bucks Yahoo SportsThe Bucks are ready to talk Giannis trades. So are the Warriors, Knicks and others - The Athletic The New York Times
|
|
Newsom Files Civil Rights Complaint Against Dr. Oz Over Fraud Video The New York TimesDr. Oz accused L.A. Armenians of fraud in a viral video. Newsom files civil rights complaint latimes.comDr. Oz video alleging fraud in Van Nuys prompts response from Armenian community nbclosangeles.com
|
|
Trump, two sons, Trump Org sue IRS, Treasury for $10 billion over tax records leak CNBCTrump sues IRS and Treasury for $10 billion over leaked tax records The Washington PostTrump reportedly sues US Treasury and IRS for $10bn; US Senate reaches deal to avert partial government shutdown - as it happened The GuardianTrump sues IRS and Treasury Department for $10 billion over tax return leak CNN
|
|
A bear market accompanied by market volatility has led to shifting perceptions of what constitutes a secure retirement, according to a new national poll by Kiplinger and retirement services company Athene. Top concerns of retirees and near-retirees include a possible recession, the financial security of Social Security, the cost of health care and inflation.
A majority of respondents say that having more guaranteed income in retirement would ease their concerns about running out of money. Even so, an overwhelming majority of current retirees report high levels of satisfaction and happiness. And retirees are generally confident about their financial future, with 70% reporting they expect to have enough income to live comfortably, and 66% saying they are confident they will not run out of money in retirement. However, preretirees are less sanguine. Less than 55% of respondents not yet retired expressed confidence that they will not run out of money at some point.
The poll targeted retirees and pre-retirees with a net worth of at least $100,000; the respondents' median household net worth (excluding primary residence) was $369,979 for retirees and $322,506 for pre-retirees. The relatively high net worth is one likely reason financial confidence in this survey is higher than reflected in other retirement-confidence surveys.
Retirees are a bit more positive about stock market volatility than preretirees. Nearly half (49%) of retirees are concerned that stock market volatility could cause serious economic hardship in retirement (versus 64% of preretirees). Some 68% of retirees say they are doing nothing (and waiting) in response to volatility this year (versus 60% of preretirees).
Among retired respondents, 83% have already claimed Social Security benefits, with a mean claiming age of 63. For 43% of these respondents, Social Security provides 50% or more of their annual retirement income. Top sources of stable income for current retirees (be
|
|
