When assessing your retirement preparedness, one common practice is to compare your 401(k) balance with that of other savers. However, looking at people in your field may provide a more accurate comparison point than simply looking at your age group. Recent data from Fidelity reveals that the average 401(k) balance for investors on the firm’s
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Adobe, the software giant, experienced a significant surge in shares by 15% following the announcement of its quarterly earnings report. The company exceeded analysts’ estimates by reporting adjusted earnings per share of $4.48, compared to the consensus estimate of $4.39 per share by LSEG. Moreover, Adobe’s revenue also saw a 10% increase from the previous
As sea levels continue to rise and storms become increasingly intense, coastal real estate is facing unprecedented challenges. From Nantucket, Massachusetts to Montauk, New York, some of the nation’s most expensive beachfront properties are at risk of flooding and erosion due to the impacts of climate change. The National Oceanic and Atmospheric Administration (NOAA) has
Gen Z is showing a promising trend when it comes to investing. According to the 2024 Schwab Modern Wealth survey, Gen Z adults have started investing and saving at the age of 19 on average. This is significantly earlier than previous generations, with baby boomers starting at an average age of 35 and millennials at
Paying taxes is a necessary part of being a responsible citizen, and for many individuals, this includes making quarterly estimated tax payments. The second-quarter estimated tax deadline for 2024 is coming up on June 17, and failure to make a payment could result in penalties from the IRS. While it is commonly believed that only
NASA announced an extension to Boeing’s Starliner capsule mission at the International Space Station, doubling the time Calypso will remain docked with the ISS. Originally planned for a nine-day mission, the developmental nature of the mission, known as Boeing’s crew flight test, has led to an extension for further testing on the spacecraft. With crew
The housing market is currently facing a conundrum where more homeowners are listing their properties for sale, leading to a surge in new listings. According to a report by Zillow, new listings increased by 13% in May compared to a year ago. Despite this influx of new properties entering the market, potential buyers are not
In an exciting turn of events, the Pentagon announced the first set of winning bidders in its rocket launch contract sweepstakes. Among the successful companies was Jeff Bezos’ Blue Origin, marking their debut in this particular arena. The National Security Space Launch program, with a budget of $5.6 billion, awarded contracts to Blue Origin, SpaceX
In an era where corporate expenses are often misused and abused, one startup is aiming to revolutionize the way companies control their finances. CleverCards, a Dublin-based firm, has recently secured 8 million euros in funding to further develop its digital platform. This platform is designed to give businesses more control over how their employees use
During GameStop’s annual shareholder meeting, chaos ensued as computer servers crashed due to overwhelming interest in the stream, according to a customer service representative for the hosting company. The meeting, set to start at 11 a.m. ET, was scheduled to be hosted on ComputerShare. However, many individuals trying to access the event were met with
