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Pamela Franco surprises Christian Cueva by stealing a tremendous kiss in publicMystery drone sightings continue in New Jersey and across the US. Here's what we know
In our series “ My American Dream is in Mexico ”, we delve into the rising trend of individuals born to Mexican parents but raised abroad who are now choosing to build their lives and pursue their dreams in Mexico. Each story explores their motivations, the challenges of navigating dual identities, and the connections they’re rediscovering in the country their parents left in search of new opportunities. Today, we spotlight Agustín Barrios Gómez , a businessman, analyst, and speaker with a global upbringing. The son of a diplomat, he spent his formative years in Canada, the U.S., and Switzerland before a prolific career in both the private and public sectors. He shares insights into his privileged, international background, the milestones of his impressive career, and why he ultimately chose to establish his roots in Mexico despite abundant opportunities elsewhere. Age: 53 Location: Mexico City Occupation: CEO of International Capital Partners “My father was a prominent figure in television and later transitioned into diplomacy. When I was six, he was appointed as Mexico’s Ambassador to Canada, so our family moved there. We spent six years in Canada before President de la Madrid named him Ambassador to Switzerland, where we lived for another four years. Later, my father became Consul General to New York City, which brought me to the United States for six more years.” “Growing up in Canada, the U.S., and Switzerland gave me a global perspective. I speak four languages, have lived in five countries, and can adapt to life almost anywhere. These experiences shaped me into a global citizen with friends across the world and the ability to move between different cultures. Many people who’ve had similar upbringings often embrace a global identity, living in cities like London, New York, or Rome, or working for organizations like the World Bank or transnational corporations. But I made a conscious and specific decision to define myself as Mexican. Unlike immigrants, who often leave their home country out of necessity, I’ve always had choices. As someone with options, I could decide how I wanted to live and who I wanted to be. I chose Mexico because it’s a nation with so much to offer, and I’ve always felt deeply connected to it. Mexico City, in particular, is my favorite city in the world, and deciding to plant roots here was a deliberate choice to affirm my identity as Mexican. That said, my experience of Mexico is very different from what many people imagine. My Mexico is a country of hardworking, talented, and creative people. I don’t see myself in the narratives of violence or victimhood that often come up when talking about Mexico. While I understand those aspects exist, they are not part of the Mexico I know or live in. Instead, my Mexico is about its incredible potential and strength, and I feel fortunate to have chosen to be part of it.” “Mexico was the place where I felt I could make the biggest difference. The first question I asked myself was, “ Where can I have the greatest impact ?” And the answer was Mexico. Then came the next question: “ Is Mexico a country worthwhile to dedicate your life to?” For me, the answer was yes. Mexico is a unique country with a confluence of factors that give it a significant role on the world stage. With 120 million people and a strategic position globally, it’s a middle-income power with real potential for influence — whether through soft power or other means. Mexico matters. However, when I returned, I realized I needed to create a Mexican persona because, despite my roots, I’d never truly lived here. I spoke Spanish with an accent, and there was a process of truly becoming part of the culture. I gave myself time in those early years to refine my Spanish, immerse myself in the culture, and develop into someone who could genuinely contribute to Mexico as a public figure. By the time I felt comfortable and fully integrated, I was ready to step into the opportunities that came my way.” “After 16 years abroad, I returned to Mexico City as a 22-year-old to join Procter & Gamble. Shortly after, my father had a stroke so I took over the family finances since I’m an only child. This led to entrepreneurial ventures like launching a tequila brand and running a nightclub and restaurant. In my early 30s, I transitioned into public life, hosting a radio talk show and later running for Mayor of Miguel Hidalgo [a district of Mexico City]. Although I narrowly lost, the campaign propelled me into public policy. Eventually, I shifted to private equity, founding a real estate investment fund in the U.S., where I’ve been navigating opportunities between Mexico City and Houston ever since. I’ve been doing this for the past eight years.” “I’ve always believed that American prosperity and national security are closely tied to a stable and cooperative Mexico. What’s good for Mexico is inherently good for the U.S., especially when it comes to stability and cooperation. For example, if Mexico were to turn away from the U.S. or align with adversaries, it could create a significant crisis, especially given the size and strategic position of Mexico’s economy. Mexico’s economy is four times the size of Iran’s — imagine the potential chaos if it were to go rogue. In this context, I see supporting Mexico’s interests as directly supporting U.S. interests. And conversely, what benefits the U.S. also benefits Mexico. These two countries are inseparable — there’s no daylight between their interests. You can’t truly understand U.S. history without considering Mexico, and you can’t understand Mexico’s history without the United States. The cultural, political, and economic ties are so deeply intertwined that they form a unique partnership, one that’s essential to the success of both nations. Also, 10% of the U.S. population is Mexican-American, and this isn’t just about immigration — it’s a historic reality. Out of the 37 million Mexicans and Mexican-Americans in the U.S., only 6 million are undocumented, and the vast majority are legal citizens. It benefits the U.S. to understand its relationship with this large, integral community. Vilifying 10% of your population doesn’t make sense, especially when that community contributes so much. The U.S. and Mexico share deep, historic ties, and recognizing these connections is crucial for both nations’ futures.” “Gentrification in Roma and Condesa began long before Americans arrived. Mexicans have always had the ability to gentrify their own neighborhoods. While the influx of newcomers, including Americans, may drive up prices in specific areas, it’s also contributing to the city’s growing diversity, which I believe is positive. Mexico City is home to over 22 million people and has many neighborhoods that could benefit from revitalization. Areas like Santa María la Ribera or Doctores are ripe for development. The idea of xenophobia surrounding this issue is, in my view, un-Mexican — Mexico has always been a welcoming country. There are plenty of other areas in the city that can accommodate new residents and offer affordable housing. The focus should be on the city’s overall growth, not on blaming foreigners for rising rents.” “The Mexican Dream is rooted in diversity, personal freedom, and strong family and friendship bonds. Unlike in the U.S., where families often live separately, here in Mexico, extended families live close together, supporting each other. Hospitality is key to the Mexican Dream, with the idea that if more people arrive at your home than expected, you simply add more water to the soup to accommodate everyone. It’s about generosity, respect for different cultures, and maintaining close-knit relationships.” “Mexico offers many opportunities, and if you’re not finding what you’re looking for in one city, consider exploring other regions like Monterrey, Oaxaca, or Mazatlan, which are experiencing significant growth. Tijuana, once considered a rough place, is now a booming foodie destination. If you still feel the need to succeed abroad, remember that personal freedom is key. Mexicans make excellent immigrants — hardworking and law-abiding — but often don’t believe in themselves enough. It’s important to take control of your life and recognize that you belong wherever you go. Only you can make that decision.” Are you a U.S.-born or raised child of Mexican immigrants currently living in Mexico? Perhaps your Mexican parents immigrated to another country, and you’ve chosen to return to Mexico? If so, I’d love to hear your story for this series! Please leave your email in the comments, and I’ll reach out. Rocio is based in Mexico City and is the creator of CDMX iykyk , a newsletter designed to keep expats, digital nomads and the Mexican diaspora in the loop. The biweekly dispatches feature top news, cultural highlights, upcoming CDMX events & local recommendations. For your dose of must-know news about Mexico, subscribe here .Automatic Partners with MeridianLink to Revolutionize Lender-Dealership Connectivity
TRENTON, N.J. (AP) — A large number of mysterious drones have been reported flying over New Jersey and across the eastern U.S., sparking speculation and concern over where they came from and why. New Jersey Gov. Phil Murphy and U.S. Sen. Andy Kim have both gone out on drone hunts, hoping for answers. The FBI, Homeland Security, state police and other agencies are investigating. Murphy and law enforcement officials have stressed that the drones don’t appear to be a threat to public safety , but many state and municipal lawmakers have nonetheless called for stricter rules about who can fly the unmanned aircraft — and to be allowed to shoot them out of the sky. Dozens of witnesses have reported seeing drones statewide since mid-November, including near the Picatinny Arsenal, a military research and manufacturing facility, and over President-elect Donald Trump’s golf course in Bedminster. Murphy, a Democrat, said Monday that equipment supplied by the federal government has yielded little new information. He declined to describe the equipment except to say it was powerful and could even “mitigate” the drones, though he added that’s not currently legal on U.S. soil. The state tallied 12 sightings Saturday and just one on Sunday. Murphy urged Congress to give states more authority to deal with the drones. The growing anxiety among some residents is not lost on the Biden administration, which has faced criticism from Trump for not dealing with the matter more aggressively. White House national security spokesman John Kirby on Monday said the federal government has yet to identify any public safety or national security risks from reported drone sightings in the northeast, saying officials believe they were lawfully flown drones, planes or even stars. “There are more than 1 million drones that are lawfully registered with the Federal Aviation Administration here in the United States,” Kirby said. “And there are thousands of commercial, hobbyist and law enforcement drones that are lawfully in the sky on any given day. That is the ecosystem that we are dealing with.” The federal government has deployed personnel and advanced technology to investigate the reports in New Jersey and other states, and is evaluating each tip reported by citizens, he said. The FBI received more than 5000 tips in recent weeks, he added, with only “about 100” deemed credible enough to require additional investigation. Authorities say they do not know. The Department of Homeland Security and FBI said they have no evidence that the aircraft pose “a national security or public safety threat or have a foreign nexus.” Speculation has nevertheless raged online, with some expressing concerns that the drones could be part of a nefarious plot by foreign agents. Officials stress that ongoing investigations have found no evidence to support such concerns, but U.S. Rep Chris Smith, a Republican, on Saturday echoed such speculation. “The elusive maneuvering of these drones suggests a major military power sophistication that begs the question whether they have been deployed to test our defense capabilities — or worse — by violent dictatorships, perhaps maybe Russia, or China, or Iran, or North Korea,” he said. On Monday, Pentagon spokesperson Maj. Gen. Pat Ryder cast doubt on the idea that the drones are engaged in intelligence gathering, given how loud and bright they are. He said about 1 million drones are registered drones in the U.S. and about 8,000 flying on any given day. Pentagon spokeswoman Sabrina Singh has said the aircraft are not U.S. military drones. In Boston, city police arrested two men accused of operating a drone “dangerously close” to Logan Airport on Saturday night. Authorities said an officer using drone monitoring technology detected the aircraft and the location of the operators. A third man fled police and remains at large. Authorities said the two men face trespassing charges and could face more charges and fines. Drones flying around Wright-Patterson Air Force Base near Dayton, Ohio, forced base officials to close its airspace for about four hours late Friday into early Saturday, said Robert Purtiman, a base spokesperson. It was the first time drones had been spotted at the base, one of the largest in the world, and no sightings have been reported since, Purtiman said Monday. He said the drones had no impact on any facilities on the base. Trump has said he believes the government knows more than it’s saying. “Let the public know, and now. Otherwise, shoot them down!!!” he posted on Truth Social. Kim said he’s heard no support for the notion the government is hiding anything. He said a lack of faith in institutions is playing a key part in the saga. “Nothing that I’m seeing, nothing that I’ve engaged in gives me any impression of that nature. But like, I get it, some people won’t believe me, right? Because that’s the level of distrust that we face," Kim said Monday. Sen. Richard Blumenthal of Connecticut last week called for the drones to be “shot down." Rep. Smith urged the Pentagon to authorize the use of force to bring down one or more drones to try to figure out who deployed them. The objects could be downed over the ocean or in an unpopulated area on land, Smith said Saturday. “Why can't we bag at least one of these drones and get to the bottom of it?” Smith said. Monmouth County Sheriff Shaun Golden said members of the public must not try to shoot down drones, as that would violate state and federal laws. Drone sightings were also reported in New York, where a permit is required. Mayor Eric Adams said the city was investigating and collaborating with New Jersey and federal officials. The runways at Stewart International Airport — about 60 miles (100 kilometers) north of the city — were shut down for about an hour Friday night because of drone activity, Gov. Kathy Hochul said. “This has gone too far,” she said in a statement. The governor called on Congress to strengthen the FAA’s oversight of drones and give more investigative authority to state and local law enforcement. Associated Press writers John Seewer in Toledo, Ohio; Bruce Schreiner in Shelbyville, Kentucky; and Aamer Madhani in West Palm Beach, Florida, contributed. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get the latest local business news delivered FREE to your inbox weekly.Tyneside-based volunteering app, onHand, has secured a £750,000 investment to aid companies in enhancing their corporate responsibilities via its social impact platform. The app, launched five years ago by Sanjay Lobo, has been dubbed the 'Uber for volunteering', providing firms with a means to promote and support employee wellbeing. It has been utilised by numerous businesses across the UK, enabling employees to complete thousands of sessions assisting local communities. Northstar Ventures spearheaded a £750,000 investment round into the social impact platform, with £325,000 invested by the North East Innovation Fund, supported by the European Regional Development Fund, and £175,000 from Northstar's EIS Growth Fund, alongside an investment by 24 Haymarket. Total investment in OnHand now exceeds over £5m, including two rounds of backing from Shazam's co-founder Dhiraj Mukherjee. Since Northstar Ventures' initial investment in 2021, the company has acquired a diverse range of clients and recently secured 22nd place on Deloitte's Fast50 of fastest growing tech businesses for 2024. CEO and founder Sanjay Lobo recently appointed CFO Will Turner, a proven expert in scaling SaaS metrics, having played a pivotal role in growing Amplience from £3m to £25m in annual recurring revenue. Mr Lobo said: "Delighted to have the continued support of Northstar Ventures, who invested in OnHand at such an early stage, and 24 Haymarket following their initial investment. The next stage for us is helping even more enterprise businesses deliver incredible social impact in their local communities and building a culture of purpose at work.", reports Business Live . Naomi Allen Seales, from Northstar Ventures, added: "It's no surprise that OnHand is thriving, thanks to their exceptional leadership team. Our investment will support technical improvements to enhance the platform's gamification and expand user options even further. It will also help the company achieve their ambition of breaking into the enterprise market. We are thrilled to support such an exciting, innovative company, as we recognise the value of corporate volunteering."
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Tributes were paid to the former Scottish first minister, who died suddenly in North Macedonia in October at the age of 69. A private family funeral has already taken place, with Saturday’s memorial service in Edinburgh held to celebrate his love of Scotland and his commitment to the cause of independence. But while some 500 people, including family, friends and politicians from across the spectrum attended the service at St Giles’ Cathedral, his successor Nicola Sturgeon was not present. A rift between her and Mr Salmond – who she had previously described as her mentor – developed during her term as SNP leader. Ms Sturgeon attended the funeral of Scottish comedian Janey Godley in Glasgow on Saturday morning. Her successor, Mr Swinney, was met with boos as he arrived at the service – held on St Andrew’s Day – with at least one person in the crowd outside on the Royal Mile shouting “traitor”. Mr Salmond stood down as SNP leader and first minister after the 2014 referendum in which Scots voted to stay part of the UK. He helped found and went on to lead another pro-independence party, Alba, with Kenny MacAskill, a long-time friend who served as justice secretary in Holyrood under Mr Salmond. Mr MacAskill, now the acting Alba leader, told the congregation – which included Mr Salmond’s widow Moira as well as Scottish Labour leader Anas Sarwar, former Labour first minister Henry McLeish and Scottish Conservative leader Russell Findlay – that Mr Salmond had been a “giant of man”. Mr MacAskill, who quit the SNP to join Alba, hailed Mr Salmond as “an inspiration, a political genius” and being “most of all a man who had the cause of independence burned into his heart and seared in his soul”. The cause of independence was Mr Salmond’s “guiding light, his north star”, the former justice secretary said, adding that “he came so close to achieving it”. He added: “Those of us who share his dream must conclude that journey on his behalf. That’s the legacy he’d expect and the duty we owe him.” Recalling Mr Salmond’s words from when he stood down as first minister that “the dream shall never die”, Mr MacAskill concluded his address with the words: “Your dream shall be delivered.” Former Conservative Brexit minister and long-time friend of Mr Salmond, David Davis, gave a reading as did former Scottish government minister SNP MSP Fergus Ewing. Scottish folk singer Dougie MacLean performed his famous song Caledonia, while singer Sheena Wellington led mourners in a rendition of Robert Burns’ classic A Man’s A Man For A’ That. Scottish rock duo the Proclaimers were applauded for their performance of Cap in Hand – a pro-independence song which features the line “I can’t understand why we let someone else rule our land, cap in hand”. Brothers Craig and Charlie Reid said: “We’re going to do this for Alex, with love and respect and eternal gratitude for everything you did for our country.” Christina Hendry described her Uncle Alex as a “political giant, a strong leader, a fearless campaigner” but also remembered his as a “dearly loved husband, brother and uncle”. While she said he had been “the top man in Scotland”, he had “always made time for his family”, recalling how he phoned her brother on his birthday – the day after the Scottish independence referendum in 2014 – to apologise for not posting a card “as he’d been busy”, before telling them he would “resigning in 10 minutes”. She told the congregation: “As his family, we always felt loved no matter how far away he was or the time that passed before we saw him next. “We always knew he was standing up for our country, and for that we were grateful.” Ms Hendry continued: “The world will be a much quieter place without Uncle Alex, for Moira, for the wider family and for Scotland. “Uncle Alex passing means a great loss for many. A loss of Scotland’s voice on the international stage. A loss of integrity in Scottish politics. And a great loss to Scotland’s independence movement. “As a family it is likely a loss we will never get over.” Duncan Hamilton KC, who was an SNP MSP after the first Scottish Parliament elections, but also served as a political adviser and legal counsel to Mr Salmond, said the former first minister had “rightly been hailed as one of the greatest Scottish politicians of this, or any, generation”. He told how Mr Salmond took the SNP from being “a fringe act trying to get onto the main stage” to a party of government. “In Scottish politics, his success was both spectacular and unrivalled,” Mr Hamilton said. “Alex Salmond will forever be a pivotal figure in Scotland’s story. He changed a nation. He inspired a country. “History will certainly remember him as a man of talent, charisma and substance. But also as a political leader of courage, vision and intelligence. “He dared to dream. And so should we.” As the service finished the crowd gathered outside applauded and chanted “Alex, Alex” before singing Flower Of Scotland.Five takeaways from Cowboys-Commanders: It wasn’t pretty, but Dallas snaps losing streak
The Memphis Grizzlies are learning the benefits of giving this season. When Memphis hosts the Indiana Pacers on Sunday, the Grizzlies will be seeking their sixth consecutive win and their 10th in their past 13 games. Their November success has been the result of an unselfish, team-oriented approach. The Grizzlies enter Saturday leading the NBA with 30.4 assists per game. Memphis dished out 36 assists on 47 made baskets in Friday's 120-109 home victory over New Orleans. "The ball movement (was) great," Grizzlies coach Taylor Jenkins said. "I think we had nine or 10 guys with two or more assists -- or 10 out of 11 guys (with) an assist, which is great." Ja Morant, who missed Wednesday's home win against Detroit due to a bruised knee, led the Grizzlies with seven assists against New Orleans, and Marcus Smart had six off the bench. Despite being limited to 10 games this season, Morant leads the team with 9.1 assists per game, followed by Scotty Pippen Jr. (5.7) and Smart (4.1). "When the ball's moving, it's about getting everyone involved," Pippen said. "It makes it a lot of fun to play with everyone. So, I feel like that's (when we are) the most dangerous, when everyone's touching the ball and everyone feels aggressive." Friday's win marked Memphis' first NBA Cup victory in the second year of the event. The Grizzlies had lost their first seven games of NBA Cup group play. As for Indiana, the Pacers were eliminated from contention for the NBA Cup knockout round with their 130-106 home loss Friday to Detroit. Indiana is 0-3 in Cup play. The Pacers had won three straight games -- all at home -- before being overpowered by the Pistons. Pascal Siakam and Tyrese Haliburton led Indiana with 21 and 19 points, respectively. While the Pacers have struggled during the first two months of the season, Indiana coach Rick Carlisle said several of his younger players have shown signs of contributing at a significant level, including second-year forward Jarace Walker. Walker, 21, finished with 10 points and notched five of the team's nine steals off the bench on Friday. Additionally, third-year guard Bennedict Mathurin, 22, has excelled in a starting role and is averaging 17.7 points per game, while Quenton Jackson, 26, has averaged 10.3 points in his past three games. "(Walker) went in there (Friday against Detroit) and decisively stepped into shot and he was physical," Carlisle said. "Right now is a time for guys like Jarace and Q (Jackson) and Ben (Mathurin) to experience what it's like to have this kind of responsibility and respond as best they can." Mathurin is second on the team in scoring behind Siakam (19.9 points per game), while Haliburton's 16.6 scoring average ranks third. Sunday's game is the first of two regular-season meetings between the teams. Indiana and Memphis split last season's two meetings, with each squad winning at home. --Field Level MediaD-Wave Quantum: Not Chasing This Rally Based Solely On Hope
Washington visits New Jersey after shootout win Washington Capitals (16-6-1, in the Metropolitan Division) vs. New Jersey Devils (16-8-2, in the Metropolitan Division) Newark, New Jersey; Saturday, 7 p.m. Canadian Press Nov 30, 2024 1:12 AM Nov 30, 2024 1:20 AM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Washington Capitals (16-6-1, in the Metropolitan Division) vs. New Jersey Devils (16-8-2, in the Metropolitan Division) Newark, New Jersey; Saturday, 7 p.m. EST BETMGM SPORTSBOOK LINE: Devils -168, Capitals +142; over/under is 6 BOTTOM LINE: The New Jersey Devils host the Washington Capitals after the Capitals knocked off the New York Islanders 5-4 in overtime. New Jersey is 16-8-2 overall with a 4-1-2 record against the Metropolitan Division. The Devils are fifth in the league with 89 total goals (averaging 3.4 per game). Washington is 16-6-1 overall with a 6-4-0 record in Metropolitan Division games. The Capitals have a 5-2-1 record in games decided by one goal. Saturday's game is the fourth time these teams square off this season. The Devils won the last meeting 3-2. TOP PERFORMERS: Jesper Bratt has 10 goals and 19 assists for the Devils. Stefan Noesen has five goals and two assists over the last 10 games. Dylan Strome has eight goals and 26 assists for the Capitals. Connor McMichael has scored five goals and added four assists over the past 10 games. LAST 10 GAMES: Devils: 7-3-0, averaging 3.1 goals, five assists, four penalties and 10.3 penalty minutes while giving up 2.3 goals per game. Capitals: 7-2-1, averaging 4.4 goals, 7.2 assists, 3.9 penalties and 8.7 penalty minutes while giving up 2.5 goals per game. INJURIES: Devils: None listed. Capitals: None listed. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar . The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Hockey Blues host the Flyers after Holloway's 2-goal game Nov 30, 2024 1:12 AM Islanders take losing streak into matchup with the Sabres Nov 30, 2024 1:12 AM Senators visit the Kings following Gaudette's 2-goal performance Nov 30, 2024 1:12 AM
UK’s ‘most depressing town’ was voted by tourists but fuming locals insist popular seaside spot is ‘gorgeous’FRANCINE is frantic. Months before the 2024 election and immediately after President Joe Biden invited President-elect Donald Trump to the White House for an orderly transition of power, she was elated that Trump won. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.
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Rachel Christian | (TNS) Bankrate.com Just because retirement planning involves some guesswork doesn’t mean it has to be a total mystery. Related Articles Business | Tech review: Earbuds and phones for those on your holiday list Business | How’s the market? Rules for homebuyers are changing Business | The year in money: inflation eased, optimism ticked upward Business | Some in seafood industry see Trump as fishermen’s friend, but tariffs could make for pricier fish Business | Trump offers support for dockworkers union by saying ports shouldn’t install more automated systems Whether you’ve been saving since your first job or you’re getting a late start, you can leverage expert-recommended strategies to gauge your progress on the road to retirement. And if you’re not quite on track, don’t sweat it — the experts we spoke to offered actionable tips to help you close the gap. You might have a general idea of how much money you need to save for retirement . A few quick calculations can give you an estimate, but to truly appreciate where you stand, you’ll need to dive into the numbers. Here’s how to get started. A good rule of thumb to estimate your retirement savings goal is the Rule of 25 . Simply multiply your desired annual retirement income by 25. The result is roughly how much you’ll need to save before hitting retirement. For example, if you plan to spend $50,000 a year, you’ll need about $1.25 million to make it a reality. The Rule of 25 is based on the idea that withdrawing 4% annually from your retirement savings should last you about 30 years. While it’s not an exact science by any means — health care costs and lifestyle changes can skew the numbers, for example — the Rule of 25 can be a good starting point to figure out how much you need to save. Fidelity Investments, a behemoth in the retirement planning space, offers savings guidelines to help you determine if you’re on track . —By age 30: Save 1x your annual salary —By age 40: Save 3x your annual salary —By age 50: Save 6x your annual salary —By age 60: Save 8x your annual salary —By age 67: Save 10x your annual salary For example, if you earn $60,000 annually, you should aim for $600,000 in savings by age 67. But like the Rule of 25, Fidelity’s guidelines offer a 10,000-foot look at retirement goals, and they’re not customized to your situation. Maybe you earned a low salary in your 20s, but you’re working hard in your 30s to make up for it. Use these estimates as a benchmark — but don’t get discouraged if you’re lagging behind. Now it’s time to zoom in a little. To get a clearer snapshot of your progress, use an online retirement calculator. These tools factor in your age, current savings, income and lifestyle goals to estimate whether you’re on track. You’ll get a more refined estimate without crunching the numbers yourself. Bankrate’s retirement calculator even lets you input different rates of return on your investments and accounts for estimated annual salary increases. Having a general savings goal is nice, but to avoid falling short in retirement, you’ll need more than a ballpark figure. Experts recommend creating a retirement budget to get an up-close-and-personal look at how much you’ll really need once you leave the workforce. First, estimate how much you’ll spend per month in retirement. While some costs will increase, like health care, others will likely decrease, like dining out and commuting. “Estimating expenses can be challenging for some people, so as a starting point, I often use your net take-home pay,” says Jeff DeLarme, a certified financial planner and president of DeLarme Wealth Management. For example, if you receive a direct deposit of $2,500 every two weeks from work, use $5,000 as your estimated monthly spending in retirement. “Assuming this was enough to pay the bills while working, we can use $5,000 a month as a starting budget to plan for,” says DeLarme. Next, map out your sources of income in retirement. Social Security is the largest income stream for most retirees, but don’t neglect other inflows, such as: —Workplace retirement accounts, like 401(k)s —Personal retirement accounts, like a traditional or Roth IRA —Pensions —Annuities —Selling your home or business —Rental income —Inheritance “If there’s a gap between your expected expenses and income, you’ll have a good idea of how much you need to save,” says Mike Hunsberger, a certified financial planner and owner of Next Mission Financial Planning. From there, you can adjust your savings and investment strategy accordingly. For something as important (and complex) as retirement planning, it pays to speak with a professional. Financial advisers can analyze your savings, investments and retirement goals to create a personalized plan. Advisers use special planning software that account for more variables than an online calculator, giving you a much more precise, granular look at your financial life in retirement. Many financial advisers can also help you optimize your tax strategy, which can potentially save you thousands of dollars over time. Make sure the adviser you hire is a fiduciary , meaning they’re legally obligated to prioritize your interests over their own. A fiduciary won’t push investments to earn a commission or recommend products that aren’t aligned with your needs. A certified financial planner is one of the most well-recognized designations for fiduciaries. You can use Bankrate’s adviser matching tool to find a certified financial planner in your area in minutes. Maybe you did the math and realized you’re not quite where you need to be. Don’t panic if you’re behind schedule. Here are five strategies experts recommend to help you catch up on your retirement savings . Cutting expenses now frees up more cash to invest in your retirement accounts. Evaluate your budget and identify areas where you can cut costs, like dining out, streaming subscriptions or shopping. Don’t rule out bigger lifestyle changes either, especially if retirement is rapidly approaching. Housing is the biggest monthly expense for most people. Getting creative here can help amplify the amount you can sock away, says Joseph Boughan, a certified financial planner and managing member at Parkmount Financial Partners. It can also reduce your expenses in retirement, so you may not need to save as much as before. “Downsizing can be a great way to cut expenses,” says Boughan. “This can even free up cash if you don’t end up needing all that money for a new home.” Moving somewhere with lower property taxes or income taxes can also help bring your retirement plan back in line. And if you’re a renter, making tough short-term decisions, like taking on a roommate or moving to a lower cost-of-living area, can free up hundreds of dollars a month for your retirement. “Everyone’s plan is unique, so exploring all the options is important,” Boughan says. Joe Conroy, a certified financial planner and owner of Harford Retirement Planners, recommends taking a “retirement test drive” as you near your target date. “Start to live on what income you think you can afford in retirement and stash all the extra income into savings and investments,” says Conroy. “If you can make it through each month, you’re ready for retirement. If you run short, then adjust your plan accordingly.” Working a little longer can be a game-changer for your retirement nest egg. Not only does it give you more time to save, it also gives your investments room to grow. “Working longer or even just part time for a few years early in retirement is one of the best ways to reduce the amount of money you need to save,” says Hunsberger. Postponing retirement can also boost your Social Security benefits . “You can claim as early as 62, but your benefits will be reduced significantly,” says Hunsberger. Meanwhile, each year you delay claiming Social Security benefits beyond your full retirement age , your monthly check will increase by 8%, though this benefit maxes out at age 70. So waiting can really pay off. It may seem obvious, but if you’re behind on retirement savings, you’ll need to boost your contributions as much as possible. Here are a few ways to make saving for retirement easier: —Increase your contribution rate: Allocate a larger portion of your paycheck to a workplace retirement plan. Even bumping up your contributions by 1% or 2% can make a huge difference down the road. —Take advantage of your employer match: Don’t leave free money on the table. Many employers will chip in between 3 and 5% depending on your plan, so make sure you’re contributing enough to take advantage of the benefit. —Use “unexpected” money to catch up: If you get a raise or bonus at work, funnel part of it directly into your 401(k). And if you get a refund at tax time, siphon some of it off to beef up your IRA. If you’ve been investing in low-risk, low-return investments, you may not be keeping up with inflation, let alone growing your nest egg. Reallocating part of your portfolio to stocks or low-cost growth exchange-traded funds (ETFs) is one way to get your money working harder. Higher-risk investments like stocks carry more volatility but also offer higher potential returns. Work with a financial adviser or use a robo-adviser to strike the right balance between growth and your personal risk tolerance. Contribution limits for 401(k) plans and IRAs are higher for people over 50. For 2025, employees aged 50 and up who participate in most 401(k) plans or the federal government’s Thrift Savings Plan can save up to $31,000 annually, including a $7,500 catch-up contribution . But thanks to SECURE 2.0 , a sweeping retirement law, a new higher catch-up contribution limit of $11,250 applies for employees ages 60 to 63. So, if you’re in this age group, you can squirrel away a whopping $34,750 a year during the final stretch of your career. Of course, you’ll need a big salary (think six figures) in order to take full advantage of such massive contribution limits. But if you can afford it, these catch-up allowances can put your plan back on track, especially if you struggled to save much early in your career. There’s no GPS to gauge your progress on the road to retirement. If you’ve veered off course or aren’t sure where to start, begin by getting a quick estimate of how much you’ll need before mapping out a retirement budget. And if you’re behind, don’t panic — adjusting your spending, boosting your contributions and speaking with a financial adviser can help you catch up. ©2024 Bankrate.com. Distributed by Tribune Content Agency, LLC.Luigi Mangione Conspiracy Theories Are Going StrongDid greed or misplaced generosity lead to working-class fury?
The Dallas Cowboys (3-7) visit the Washington Commanders (7-4) on Sunday, November 24, 2024 at Commanders Field and will aim to break a five-game losing streak. What channel is Commanders vs. Cowboys on? What time is Commanders vs. Cowboys? The Commanders and the Cowboys play at 1 p.m. ET. NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more. Commanders vs. Cowboys betting odds, lines, spread Commanders vs. Cowboys recent matchups Commanders schedule Cowboys schedule NFL week 12 schedule This content was created for Gannett using technology provided by Data Skrive.Playboi Carti’s YouTube Gets Hacked With Fake “I Am Music” Album Following Fans Mass Outrage
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Swinney and Brown at memorial service for ‘giant of a man’ Alex SalmondPak's anti-terror court grants bail to journalist Matiullah JanBill Belichick didn't wait around for a call that he might not get from an NFL team. With no guarantees that another opportunity might come his way — only the Atlanta Falcons interviewed Belichick last offseason — and unsure whether he could find the right fit in the NFL, the 72-year-old future Hall of Fame coach decided to go back to school. Belichick took his eight Super Bowl rings to North Carolina on a mission to build a college program the way he constructed two dynasties during 24 seasons with the New England Patriots. It starts with doing things his way. The Patriot Way is legendary. Perhaps it'll translate into the Tar Heel way. That's to be determined. But Belichick is back doing what he loves: coaching. And, he's going to run the show with his guys around him. An NFL team giving Belichick full control the way he had in New England seemed unlikely. Success at North Carolina could change that thinking. For now, Belichick's quest to break Don Shula's all-time record for most wins in the NFL is on hold. He's 15 victories short but the buyout clause in his college contract — a $10 million fee if done before June 2025 and $1 million after that date — leaves the window open for a return to the league. If Belichick stays in college or retires without returning to the NFL, his legacy is already cemented. Winning at North Carolina will only enhance his reputation. Losing won't impact his NFL resume. "He's one of the all-time great coaches. What he's done for the NFL and the game, we all know where he'll end up — in the Hall of Fame with a gold jacket," Dallas Cowboys executive Stephen Jones said Wednesday shortly before Belichick agreed on a five-year deal with North Carolina that pays him $10 million in base and supplemental salary annually with up to $3.5 million in bonuses per year. Belichick has his detractors. There's no denying he couldn't win without Tom Brady. He was 29-39 and had no playoff wins without No. 12 in his final four seasons with the Patriots. Critics have labeled him a cheater because of the Spygate and Deflategate scandals. He overlooked Aaron Hernandez's issues. He was tough on players, even alienating Brady in the end and letting him walk him away in free agency in 2020 only to see him lead the Tampa Bay Buccaneers to a Super Bowl in his first season there. But Belichick instilled in players the importance of doing their job and presided over an unprecedented two-decade run of dominance that withstood changing times, free agency, salary-cap restrictions and much more. Brady has always maintained how important Belichick was for his career, giving him credit for helping him become one of the best players in sports. Now, Belichick is onto Chapel Hill in a surprise twist after he spent most of the NFL season reinventing himself as an entertaining and engaging analyst. Belichick is a football genius and his knowledge came across on television. But he also displayed a fun personality, trading quips with the Mannings and cracking jokes with Pat McAffee. "College kind of came to me this year," Belichick said at his introductory news conference. "I didn't necessarily go and seek it out. I had many coaches, probably a couple dozen coaches, talk to me and say, 'Can we come down and talk to you about these things?' Let's call it the salary cap of pro football relative to college football. The headsets, the green dot, the two-minute warning, the tablets on the sideline. Those were all rules changes this year for college football that were either or the same or similar to what we had in the NFL. These coaches said, 'Hey coach can we talk to you about how you did this? How you did that? How did you use this?'. "As those conversations started and then the personnel conversations started relative to salary cap and how you spend whatever the allotment of money you have. I'd say that started to make me a lot more aware of it because the first thing I would have to do is learn about it. .... As you learn different things about different programs you start to put it all together. There is some common threads and there's some variables." How will he do as a college coach? Nobody knows yet. Three of Belichick's former players were skeptical before he took the job. "There's a lot of things he can do, and obviously he's tremendous, and even showing his personality. But getting out there on the recruiting trail and dealing with all these college kids, that would be ..." Brady said before trailing off during a conversation on Fox's NFL pregame show last Sunday. Fellow former Patriots Rob Gronkowski and Julian Edelman also wondered the same. "Can you imagine NIL, and all that nonsense?" Gronkowski said. Edelman added: "Can you imagine Bill on a couch recruiting an 18-year-old?" But Belichick doesn't have to recruit kids on visits. These are new times in college sports. The NIL has dramatically changed the landscape. Plus, Belichick's name is enough. Just like Deion Sanders at Colorado. "I think it could be great for this game, honestly, if he can find a way to make college football more like this in terms of what's being asked of the coaches, the recruiting staff, the personnel, the NIL, and all those different things," Tampa Bay Buccaneers offensive coordinator Liam Cohen said. "If he can make it a little bit less demanding on some of the coaches and create a great atmosphere and have success, I think it's great for our game. It's pretty cool to see, actually." Time for Belichick to do his job. Get local news delivered to your inbox!