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Trump says ICE agents will assist TSA at airports as delays worsen amid DHS shutdown CBS NewsICE to Aid Airport Security Amid Partial Shutdown, Border Czar Says The New York TimesTom Homan confirms ICE to be at airports starting Monday PoliticoTrump says he will deploy ICE to airports as TSA shortages drive delays The Washington Post
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One gas station, two drivers and three fill-ups: The Iran war hits home The Washington PostThe Iran war has already hit your gas budget. Here's what it's coming for next. NBC NewsGas Prices Have Risen More Than 30% in Some States in Weeks Since Iran War Began The New York TimesAmerica Produces The Most Oil. So Why Are Gas Prices Surging? ForbesRising gas prices hitting US household finances and more pain is expected, Reuters/Ipsos poll
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'Project Hail Mary' Box Office: Ryan Gosling Film Scores Year's Biggest Debut With $80 Million VarietyAmazon MGM Gets a Much-Needed Hit With ‘Project Hail Mary' The New York TimesBox Office Global: 'Project Hail Mary' $141M Best MPA Debut YTD DeadlineHow Ryan Gosling Ascends to Tom Hanks-Level Movie Stardom in ‘Project Hail Mary' Rolling Stone
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Spiking gas prices tied to Iran war are set to eat up tax refunds touted by Trump AP NewsHigher gasoline prices this year could wipe out tax refunds from Trump's One Big Beautiful Bill Act FortuneYour tax refund is likely bigger this year. But Trump's war with Iran could take a bite out of it CNNWith Iran War, Trump Risks Stepping on Gains From His Own Tax Cuts The New York TimesYour tax refund could be smaller than expect
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Iranian missile strikes injure 115 in Israel, officials say, puncturing air defenses and shocking the public NBC NewsIran attacks near Israeli nuclear site, fires long-range missiles for first time ReutersDozens injured in Israel after Iranian missile strikes target two areas near main nuclear research center PBS
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China touts itself as ‘harbour of stability' to global CEOs Financial TimesChina vows to continue opening its economy amid trade tensions with U.S. CNBCChina's Premier Vows to Back Balanced Trade as Exports Surge Bloomberg.comPremier Li Qiang calls for global pledge to open up amid ‘power politics' South China Morning Post
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St. John's vs Kansas Predictions, Picks & Odds for Sunday's March Madness Game Action NetworkWhat channel is Kansas vs St. John's on today? Time, TV schedule for March Madness game The Topeka Capital-JournalPreview: Pitino, Ejiofor, St. John's stand in KU's way as Jayhawks look for second-weekend spot KU SportsKansas to Face St. John's in NCAA Tournament Round of 32 Sunday in San Diego - University of Kansas kuath
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Middle East crisis live: Iran will completely close strait of Hormuz if Trump acts on infrastructure threats, says IRG The GuardianLive updates: Iran's military says Strait of Hormuz will be ‘completely closed' if US bombs power plants CNNTrump Threat to Target Iranian Power Plants Recalls Operation Desert Storm WSJIran War Live Updates: Tehran Vows to Destroy Key Infrastructure After Trump's Power Plant Threat The New York Times
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Israel Orders Military to Intensify Demolitions in Southern Lebanon The New York TimesLebanon's Aoun warns Israeli attack on bridge ‘prelude to ground invasion' Al JazeeraIDF warns it will bomb another bridge on Litani, citing Hezbollah terror activities The Times of IsraelIsrael strikes main bridge in south Lebanon, orders destruction of ho
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A lot of retirement guidance I have read lately continues to treat baby boomers the same as the rest of the investor public. Even after the first six months of 2022, when the traditional 60/40 stock/bond portfolio sank more than 20%.
I may not dispute the traditional approach for investors who are 25, 35 or 45 years old and accumulating savings for retirement or the kids' college education. As we know, markets historically rebound, and younger investors with time to recover from market corrections have the benefit of dollar cost averaging.
SEE MORE Find Out in 5 Minutes If You Have Enough to Retire
But boomers entering or already in retirement have different needs than all the "Gens" that have come after them: They may not be able to wait around for their depressed accounts to grow again. For boomers, income is the important consideration — income that stays steady and grows over the decades of retirement.
Where to find income
Economic downturns always provide winners along with the many losers, and annuity payment contracts (also called income annuities) — which with rising interest rates have increased the payouts on new contracts — are the current winners. As of August 15, 2022, new purchases of income annuities at certain ages are providing 20% to 50% (depending on the income start age) more than at the beginning of the year, and that could go up even further. They're almost the mirror image of mortgage interest rates, which are also going up.
How much do you think a 20% increase in annuity payments is worth? Just imagine that your starting Social Security benefit you could claim next year went up from $3,000 to $3,600 per month. Would that get your attention
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