How much you’ll need to invest per month to retire with $5 million, broken down by age
Consistency and time are two of the biggest factors when it comes to saving for retirement. Here’s much you need to save per month to retire with $5 million, broken down by age.
Stimulus negotiations are apparently back in action.
With Election Day on Nov. 3 quickly approaching, President Donald Trump shut down talks this week and called for Congress to pass a stand-alone bill to give Americans a second stimulus check.
Both parties have proposed trillions of dollars in stimulus aid but remain divided over how much money is needed to keep the country afloat. Democrats plan to provide $2.2 trillion in relief, while the White House wants the number to be closer to $1.6 trillion.
The details of how that money would be distributed are hotly debated, yet both sides agree on another round of checks, according to Garrett Watson, a senior policy analyst at the Tax Foundation.
Job scams have increased as Covid-19 put millions of Americans out of work. Here’s how to avoid one
Employment scams, including fake job listings, have been on the rise during the coronavirus crisis. The uptick comes as millions of Americans are out of work due to Covid-19 and are searching for new jobs. Here’s how to detect and avoid falling for one.
“There is broad agreement about the potential for standalone payments,” said Watson. Both parties are in favor of direct payments modeled closely after the first checks that were issued under the CARES Act that passed in March, according to Watson.
Check out this video to learn how likely Congress is to pass a stimulus bill before the election and to see what could happen if the Nov. 3 election occurs before new checks are approved.
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Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.
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Against tough odds, Hispanic businesses are strengthening communities across America
A look at how Hispanic entrepreneurs in Philadephia — like so many nationwide — are working to strengthen their communitiy and the local business ecosystem during the pandemic.