ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
| | |
Good morning! It's Daniel de Visé with your Daily Money. |
For decades, young Americans formed the lifeblood of the nation's largest cities. Now, Paul Davidson reports, they're leaving big metro areas in droves and powering growth in small towns and rural areas. |
Since the pandemic, cities with more than 1 million residents have lost adults aged 25 to 44, while towns with smaller populations have gained young people, after accounting for both those moving in and leaving, according to a University of Virginia analysis of U.S. Census Bureau data. |
How hurricane season spawns 'climate refugees' |
Images from Florida, battered by two once-in-a-generation storms in a matter of weeks, are prompting a reckoning by Americans across the country. |
"Will Florida be completely unlivable/destroyed in the next few years?" one Reddit user wondered. And on October 7, the science writer Dave Levitan published an essay titled "At Some Point You Don't Go Back." |
But for anyone wondering "why do they still live there?" a report from data analytics provider First Street offers some answers. |
📰 More stories you shouldn't miss 📰 |
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it! |
If you want to retire in comfort, investment firms and news headlines tell us, you may need $1 million in the bank. |
Or maybe not. One prominent economist says you can retire for a lot less: $50,000 to $100,000 in total savings. He points to the experiences of actual retirees as evidence. |
Most Americans retire with nowhere near $1 million in savings. The notion that we need that much money to fund a secure retirement arises from opinion polls, personal finance columns and two or three rules of thumb that suffuse the financial planning business. |
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. |
Daniel de Visé covers personal finance for USA Today. | | | | Young people drove population growth in large cities for decades but have bolted for small towns since 2020 even though COVID-19 has eased. | | | | Parts of Florida are likely hitting a "tipping point:" Enough people will leave for a more stable climate that the population will decline. | | | | A prominent economist argues that you can retire on savings much less than $1 million. | | | | The Japanese parent company of 7-Eleven stores said it would be closing underperforming stores in the U.S. | | | | Bath & Body Works has removed from its stores a holiday candle with a label design some criticized for looking like a Ku Klux Klan hood. | | | | Social Security's richest beneficiaries have a lot to be happy about as they look toward 2025. | | | | Child care is where inflation hits the hardest for families with young children. For some, it's influencing how they will vote in the election. | | | | If you feel you couldn't possibly cut your budget anymore, there are companies of professional negotiators who can help you lower your bills. | | | | Oct. 15 is the deadline for filing tax returns for those who obtained a six-month extension. Make that deadline to avoid possible penalties. | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
0 comments:
Post a Comment