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This year's Labor Day sofa sales are going strong. Here are the best offers so far.
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Spirit Airlines Files Second Bankruptcy in Less Than One Year Bloomberg.comSpirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year CNBCSpirit Airlines Files for Second Bankruptcy in a Year - WSJ The Wall Street JournalSpirit Airlines Files for Bankruptcy for 2nd Time in a Year The New York Times
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Colorado vs. Georgia Tech live updates: Deion Sanders begins third season leading Buffaloes CBS Sports'Split' title 35 years ago? Don't tell Colorado and Georgia Tech that ESPNCollege football Week 1 best bets: Take the over in Georgia-Tech-Colorado Yahoo SportsWill It Be Decided On The Field 35 Years Later CU Athletics
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Labor Day Apple deals now live: MacBook, AirPods, iPhone 16 Pro, Mac mini, iPad, more [Update #2] 9to5ToysLabor Day offers the year's best prices on Apple iPads, MacBooks, AirPods and more CNNA MacBook Air for under $200? Yes, it's legit. Mashable?? Apple tech is up to 32% off at Amazon's Labor Day sale this weekend only USA Today
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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
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