Michael Borders

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Hospital CEO says health care system broken, favors Medicare for all

U.S. Sen. Bernie Sanders' call for a single-payer "Medicare for all" health system during his presidential campaign didn't have a lot fans, even among fellow Democrats. But Bill Kottmann, president and CEO of Edward Hospital in Naperville, is sympathetic to the idea.<p>Kottmann said the current mix of …

Clothing
CNN

Millennials 'set to earn less than Generation X'

<b>Millennials are set to become the first generation to earn less than their predecessors, new research suggests.</b><p>The Resolution Foundation found that under-35s earned £8,000 less in their twenties than Generation X workers.<p>The thinktank defines Generation X as those born between 1966 and 1980 and …

Demographics

- The Globe and Mail

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Canada

CEO Elon Musk says Tesla striving to improve Autopilot

Tesla Motors is trying to see if it can make improvements in its Autopilot partial self-driving system, which may have been a factor in a recent fatal accident.<p>CEO Elon Musk tweeted Sunday that that he had a "promising call" with German auto supplier Bosch, which makes the radar for the system. He …

Are You Ready for the Retirement Challenge? | Investopedia

For most people, retiring means the end of a paycheck but not the end of an active life. The typical retiree spends 20 to 30 years in retirement and …

Retirement: how to prepare for the rest of your life

Jul 22, 2016<p>Those over age 65 need to focus on preventing four things: frailty, weight loss, muscle loss and cognitive impairment.<p>Jul 15, …

St. Louis

Should Your Retirement Portfolio Include Alternative Investments? | Investopedia

Whether the goal is to achieve capital preservation or aggressively generate growth, a successful retirement savings plan requires establishing an …

Finance

This week’s Mutual Funds and ETF stories

Don’t miss these top money and investing features:<p>How saving too much can make your retirement less satisfying<br>• 3 signs your 401(k) or IRA costs too …

How to Catch Up with Your Retirement Savings | Investopedia

There is a Chinese proverb that says, “The best time to plant a tree was twenty years ago. The second best time is today.” This kind of thinking can …

Retirement

What Does an Ideal Retirement Portfolio Look Like? | Investopedia

Although the concept of an ideal retirement portfolio is somewhat relative, many financial planners would define this in terms of what it is able to …

Retirement

Boomers Grow Richer – Even in Retirement

Instead of whittling away their retirement savings, wealthy Baby Boomers are continuing to get richer even after they retire, according to Bloomberg. …

The Smartest Financial Decision You’ll Ever Make

Remember: your most limited resource is time.<p>There’s really only one thing young people need know about money: Save for retirement, starting now.<p>Yes, …

Thinking of buying your dream home for retirement? Do your homework first.

Financial adviser Mitchell Katz of CA Wealth Management in Bethesda has a couple of clients who love golf. Both husband and wife were in their early 50s, and their retirement dream was to buy a home in a golf community in North Carolina.<p>When they were finally ready to do it, Katz warned them, as he …

Retirement

How this couple, worried about retirement income, can end up with a substantial estate to leave behind

Situation: Couple with income slashed by disability headed into retirement with low RRSP, other savings Solution: Compare future income and job …

How much will your health expenses be in retirement?

<b>Question: My wife and I are trying to set up a budget for retirement, and we’re wrestling, in particular, with health-care expenses. How can we</b> …

Retirement Income: Equity Funds Averaging 8.75% Yield

I look at 18 leveraged equity closed-end funds.<p>All 18 of the funds are priced at a discount.<p>The average yield is 8.75%. Top yielding funds are paying …

How the Future Will Dramatically Change Your Retirement and Everything Else

500 years ago it took a century for significant change to occur. Today, meaningful change can occur in months. It will be our ability to grasp these …

Frugal Living

One Essential Retirement Rule Often Ignored

A lot of hair has been pulled over the United Kingdom’s Brexit vote. Sure, there were a couple of days when there was extreme volatility, but there are more important investment truths that need to be heeded.<p>It’s easy to take your eye off the ball when so much turmoil is dominating the business …

Finance

Despite The S&P 500's All-Time High, Prudent Investors Should Focus On Protecting Capital

Equities are overvalued and offer a poor long-term risk-reward. We expect prospective real returns of less than 1.0% per annum over the next ten …

What is the Banking System? Napkin Finance has the answer!

What is banking?<p>Banking refers to the services offered by a bank or financial institution. Banks deal primarily with two types of services:<p>Deposit …

Personal Finance

The One Stock You Need in a Low Rate Environment

When the Federal Reserve raised interest rates a measly 0.25% last December, some investors thought it was about time.After all, pundits had been …

Investing

Here's How Much You'll Need to Save Annually to Become a Millionaire

Time can be your friend or foe depending on when you start saving and investing for retirement.<p>The vast majority of Americans share one common goal: …

Retirement

Dow To Gold Ratio Reveals Sharp Downturn In General Stock Market

<i>By Mike Gleason</i><p>Welcome to this week's Market Wrap Podcast, I'm Mike Gleason.<p>Coming up we'll hear from David Smith, senior analyst at <i>The Morgan Report</i> …

Gold

Top Money and Finance Blogs You Should Read | Markethive EcoSystem

In my more than 12 years writing for Kiplinger, I've seen the number of print personal finance publications shrink. Yet I've seen the number of blogs …

Brexit impact is going to be horrible, says leading City fund manager

Richard Buxton predicts that UK economy will judder to a halt, but adds that recession may not be as bad as some shares suggest<p>One of the leading money managers in the City of London has said the fallout from Britain’s vote to leave the EU will be “horrible” and that the Square Mile is still …