Donald Trump never gave any money to his 2020 presidential campaign. But lots of other people donated, even after Trump left the White House in January. The next month, his campaign committee filed a document showing it changed its name to the Make America Great Again PAC. And while his supporters kept chipping into the pot, Trump took money out of it, using his businesses to charge the group for rent. In this way, the former president shifted $203,000 from his
How can someone effectively plan for retirement so they don’t run out of money?
To give you confidence that you won’t run out of money during retirement, we asked financial experts and business consultants this question for their best advice. From opening a Roth IRA to investing in real estate, there are several tips that may help you effectively plan for retirement so that you don’t run out of money.
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Here are nine retirement planning tips to avoid running out of money:
- Double-Check Your Policy
- Start as
Give yourself a big pat on the back if you have built up a nice retirement nest egg after years of scrimping and saving.
Congratulations, you’re halfway there.
Many investors are so focused on accumulating wealth that they neglect the second part of the equation — pulling out money so that you don’t deplete it unnecessarily from poor tax decisions.
“We spend years or decades trying to put money into retirement plans,” said Michael Kitces, a financial adviser at Kitces.com. “But how do you get the dollars out and do it in a tax-efficient manner?”
That was the gist of
Two financial technology giants that are taking on the traditional banking industry are joining forces to build their alternative to credit cards.
Square said on Sunday that it planned to acquire the Australian “buy now, pay later” company Afterpay in an all-stock deal that values Afterpay at about $29 billion.
The deal introduces Afterpay’s service, which allows users to stagger the cost of their purchases over interest-free installments, to U.S. consumers and the millions of small businesses that process their credit card transactions on the Square app. It will also help the San Francisco-based Square further expand in Australia, its
Airtel Africa’s mobile money business has received its third big investment of the year, scooping up $200 million from an affiliate of Qatar’s sovereign wealth fund.
In March, the Rise Fund, the impact investing arm of TPG, invested $200 million at the same valuation. Weeks later, Mastercard put $100 million into the business.
AMC is working to own and operate the mobile money businesses across all of Airtel Africa’s 14 operating countries,