If you’re saving money for retirement, there are four important lessons I hope you’ll learn. I’ll back them up with some numbers. These may not be new, but they will be crucial to your success. Lesson 1: When you start saving, the amount you invest will make more difference than …
Read More »TaxWatch: Most people couldn’t correctly answer this pandemic-related tax quiz. Can you do better?
The pandemic’s economic fallout is putting people’s tax knowledge to the test, and they’re not passing with flying colors. A new survey indicates that many U.S. adults are in the dark about critical questions this tax season, such as how the Internal Revenue Service treats stimulus checks and whether remote …
Read More »Market Extra: GameStop: The incredible unshortable stock
GameStop GME, -2.35% might be the unshortable stock. Shares in the Texas-based videogame retailer dropped by more than 10% at the open Monday after the company announced it has the option to sell up to 3.5 million shares of its common stock in the near future. But as has been …
Read More »Futures Movers: Oil falls more than 3% as OPEC+ eases curbs, Iran output seen rising
Oil futures fell sharply Monday after a three-day weekend, with weakness attributed to concerns over the decision by the Organization of the Petroleum Exporting Countries and its allies to ease output curbs, along with indications more supply from Iran is making its way to market. West Texas Intermediate crude for …
Read More »: LG Electronics to get out of the smartphone business
Smartphone pioneer LG Electronics will close its mobile unit later this year, in a move to refocus its efforts on higher-growth businesses. In a statement Sunday night, the South Korean company said its mobile business will be wound down by July 31, though existing inventory may still be available for …
Read More »The Wall Street Journal: Carl Icahn to name former GE exec as CEO of his company
After forcing companies to make countless CEO changes in his career, Carl Icahn is about to make one of his own. The activist investor said he is hiring a former General Electric Co. GE, +1.14% executive to be CEO of his firm, which houses both his investment fund and a …
Read More »Dispatches from a Pandemic: ‘We can’t compete with all cash’: The struggle is real to buy a home during COVID-19
After renting their home in Aurora, Colo., for the last six years, Kristin Mallory and her husband were ready to make the leap to becoming homeowners. And while they went into the home-buying process expecting a challenge, what they’ve encountered is nothing like they’ve expected. “We had no idea how …
Read More »Where Should I Retire?: We want to retire somewhere in North Carolina or South Carolina on $3,400 a month in Social Security — where should we go?
Downtown Hendersonville, N.C., has a small-town atmosphere. iStock Dear MarketWatch, My wife and I are both 57 and looking to retire at 62. We will get approximately $ 1,700 a month each from Social Security. We currently have approximately $ 750,000 in 401(k) and cash. We are looking to get …
Read More »International Living: Here are the 10 best places in the world to retire
If you’re considering retirement abroad, you need information, and you need lots of it. But more than that, you need guidance on how to interpret that information. That’s what we’re here for, and that’s why we’ve compiled the 2021 Annual Global Retirement Index: to help you with the exciting business …
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