Finance
These books can guide you to a better retirement
Need to benefit from the cash you’ve saved for retirement, or would you want to maximise your advantages? There are many insightful books to shed mild or present various views on all features of this subsequent chapter in life.
Retirement Tip of the Week: In preparation for the brand new 12 months, and the entire cash resolutions that come together with it, decide up a e book that addresses the perfect methods to avoid wasting, make investments and construct a strong retirement.
There are library cabinets stuffed with private finance books, and a few particularly centered on retirement. There are additionally different features to think about when planning or dwelling in retirement, akin to healthcare, the place on this planet you’re dwelling and discovering objective.
Whereas there are many great choices on the market, listed below are only a few books to think about in case you’re on the lookout for slightly extra steering – or a contemporary angle – to your retirement.
Learn: Need to age in place? You might have a robotic retaining you firm.
Financial savings and investing for retirement
“Cashing Out: Win the Wealth Sport by Strolling Away” by Julien and Kiersten Saunders
The Saunders paid off $200,000 in debt in 5 years, and have since stop their company jobs and have become icons within the private finance area. Of their first e book, they assist People prioritize their targets at numerous profession phases, focus on why it’s possible you’ll not really feel prepared for monetary freedom (and why that’s OK) and share sensible methods to carrying out your targets.
“Broke Millennial” by Erin Lowry
This e book isn’t centered fully on retirement financial savings, however it does encourage younger employees to place cash apart for the longer term, and affords recommendations on how to take action via contributions and funding decisions. Lowry additionally emphasizes why it’s so vital for youthful generations to start out investing for retirement early, particularly due to the facility of compound curiosity.
Cash administration in retirement
“Retirement Planning Guidebook: Navigating the Necessary Selections for Retirement Success” by Wade Pfau
Retirement earnings planning, which focuses on how greatest to make the most of your property and advantages in retirement, is simply as vital because the many years spent saving for the longer term. Pfau, who has a number of books on retirement planning, created this complete information for key choices to make, each monetary and nonfinancial, for retirement.
Learn: You don’t want retirement financial savings, you want retirement earnings
“The right way to Make Your Cash Final: The Indispensable Retirement Information” by Jane Bryant Quinn
Operating out of cash is a prime concern for a lot of People, and Quinn tackles that nightmare state of affairs on this e book. The creator helps readers perceive the perfect methods to create a gentle paycheck from their financial savings, and numerous choices to make surrounding financial savings, investments, dwelling fairness and past.
“The New Retirementality: Planning Your Life and Dwelling Your Desires… at Any Age You Need” by Mitch Anthony
In its fifth version, this e book seems at discovering objective in retirement and dealing with what you’ve acquired on this chapter to take pleasure in your life. The creator additionally contains worksheets to get organized with cash.
Need extra actionable ideas to your retirement financial savings journey? Learn MarketWatch’s “Retirement Hacks” column
Early retirement and monetary independence
“The Easy Path to Wealth: Your Highway Map to Monetary Independence and a Wealthy, Free Life” by J.L. Collins
This e book digs deep into monetary independence, by exploring debt, investing within the inventory market, conventional versus nontraditional monetary recommendation, understanding all of the account choices for retirement financial savings and why you want “F-you Cash.” The message appears to resonate with readers – it has 4.5 out of 5 stars with greater than 8,600 critiques on Amazon.
“Work Non-compulsory: Retire Early the Non-Penny Pinching Means” by Tanja Hester
Hester has grow to be an skilled and spokeswoman within the monetary independence area, and she or he did so by first carrying out the feat herself. On this e book, the creator breaks down easy methods to create an early retirement plan, budgeting for future bills you may’t anticipate, withstanding turbulent occasions within the financial system and doing the whole lot with out slicing your bills all the way down to nothing.
“Stop Like a Millionaire: No Gimmicks, Luck or Belief Fund Required” by Kristy Shen and Bryce Leung
Shen retired at 31 with one million {dollars} and on this e book, she shares how she did so utilizing funding wits. This e book, which was rated 4.5 out of 5 stars on Amazon with virtually 1,800 critiques, is what the authors name a “bull****-free information to rising your wealth, retiring early and dwelling life by yourself phrases.”
Retirement way of life
“Keys to a Profitable Retirement: Staying Pleased, Energetic and Productive in your Retired Years” by Fritz Gilbert
Retirement isn’t nearly cash – it’s additionally about dwelling a life you take pleasure in. Gilbert is an skilled on this, and in his e book shares numerous methods to plan for and construct upon your way of life in retirement, in addition to easy methods to transition into it. This e book is greatest for people who find themselves 5 years to or from their retirement date, he says in his description.
“The right way to Retire Abroad: Every part You Have to Know to Stay Nicely (for Much less) Overseas” by Kathleen Peddicord
Many People dream of leaving the nation to retire on a Caribbean seaside or in a quaint European city, however there are many essential elements to think about earlier than doing so – akin to easy methods to retailer your cash correctly, the healthcare protection you’ll want and dwelling inside your finances. Peddicord and her husband have lived abroad for many years, and in her e book, she shares ideas for locating housing and medical care in addition to understanding taxes and banking earlier than packing your luggage.
Social Safety
“Get What’s Yours: The Secrets and techniques to Maxing Out Your Social Safety” by Laurence Kotlikoff, Philip Moeller and Paul Solman
Claiming Social Safety can really feel overwhelming once you’re going through the entire choices – do you declare as quickly as you may at age 62 or try to wait till age 70? How will your well being, life expectancy and funding portfolio have an effect on that call? The place does your partner and their advantages slot in? On this e book, the authors clarify numerous methods to get via this doubtlessly worrying state of affairs.
“Social Safety: Easy and Good” by Tom Margenau
The creator breaks down the myths and misconceptions of Social Safety, and affords 10 truth sheets round advantages, together with these on incapacity advantages, pension offsets, advantages for youngsters and what widows and widowers ought to know.
Well being and Medicare
“Get What’s Yours: Maximize Your Protection, Decrease Your Prices” by Philip Moeller
Identical to together with his Social Safety e book, the creator breaks down the usually difficult world of Medicare and explains what to think about when deciding in your medical insurance plan. He additionally talks about a number of the extra detailed nuances of the system, such because the appeals course of for denied claims and what to do in case you’re eligible for Medicare however nonetheless working.
“10 Pricey Medicare Errors You Can’t Afford to Make” by Danielle Roberts
Selections round Medicare will be difficult – beneficiaries have to sift via quite a few plans to make sure their most well-liked medical doctors and mandatory prescriptions are lined. The incorrect choice, or unknowingly lacking a deadline, will be fairly costly within the long-run. On this e book, the creator shares pitfalls and penalties to keep away from and sources to make the perfect choice to your well being.
Do you might have questions on retirement, Social Safety, the place to dwell or easy methods to afford it in any respect? Write to HelpMeRetire@marketwatch.com and we could use your query in a future story.
Finance
American Honda Finance to Settle CFPB Allegations of ‘Sloppy’ Credit Reporting | PYMNTS.com
American Honda Finance Corporation (AHFC) reached an agreement with the Consumer Financial Protection Bureau (CFPB) to settle the regulator’s allegations that the company reported inaccurate information that was then added to consumers’ credit reports.
The CFPB alleged that the company violated the Fair Credit Reporting Act (FCRA) by furnishing false and harmful information that ended up on borrowers’ credit reports, continuing doing so after determining that several types of information were inaccurate, failing to investigate disputes about information it provided to credit reporting companies, and failing to send the results of investigations to those companies and consumers, when required, the regulator said in a Friday (Jan. 17) press release.
AHFC is the auto financing arm of American Honda Motor Co. and the sole authorized distributor of Honda and Acura vehicles in the United States. The inaccurate information it provided affected the credit reports of 300,000 borrowers, according to the release.
“Honda Finance used sloppy practices that smeared the credit reports of hundreds of thousands of its customers,” CFPB Director Rohit Chopra said in the release. “False accusations on a credit report can have serious implications for Americans seeking a job, housing or a loan.”
The CFPB’s order resolving these charges requires AHFC to take steps to correct its prior erroneous reporting, pay $10.3 million in redress to harmed consumers and pay a $2.5 million penalty to the regulator’s victims relief fund.
Reached by PYMNTS, AHFC said in an emailed statement: “AHFC has not admitted any wrongdoing but resolved this matter to better focus on its customers. AHFC will continue its efforts to provide the best possible financing experience for its customers.”
This news came on the same day that consumer reporting agency Equifax agreed to a settlement and consent order that will resolve CFPB allegations that it failed to take steps to ensure the accuracy of its credit reports. That consent order requires the company to pay a $15 million civil penalty.
In November 2023, the CFPB ordered Toyota Motor Credit to pay a $60 million fine for engaging in illegal lending practices and credit reporting misconduct that knowingly tarnished consumers’ credit reports with false information.
In July 2022, the regulator ordered Hyundai to pay more than $19 million for providing inaccurate information to credit reporting companies and failing to take proper steps to deal with inaccurate information after it was identified.
Finance
KKR Real Estate Finance Trust Inc. to Announce Fourth Quarter 2024 Results
NEW YORK, January 17, 2025–(BUSINESS WIRE)–KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the fourth quarter 2024 on Monday, February 3, 2025, after the closing of trading on the New York Stock Exchange.
A conference call to discuss KREF’s financial results will be held on Tuesday, February 4, 2025 at 9:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. callers); a pass code is not required. Additionally, the conference call will be broadcast live over the Internet and may be accessed through the Investor Relations section of KREF’s website at http://www.kkrreit.com/investor-relations/events-and-presentations. A slide presentation containing supplemental information may also be accessed through this website in advance of the call.
A replay of the live broadcast will be available on KREF’s website or by dialing (877) 344-7529 (U.S. callers) or +1 (412) 317-0088 (non-U.S. callers), pass code 4697062, beginning approximately two hours after the broadcast.
About KKR Real Estate Finance Trust Inc.
KKR Real Estate Finance Trust Inc. is a real estate finance company that focuses primarily on originating and acquiring senior loans secured by commercial real estate properties. KREF is externally managed and advised by an affiliate of KKR & Co. Inc. For additional information about KREF, please visit its website at www.kkrreit.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250117176772/en/
Contacts
Investor Relations:
Jack Switala
(212) 763-9048
kref-ir@kkr.com
Media:
Miles Radcliffe-Trenner
Tel: (212) 750-8300
media@kkr.com
Finance
Finance Director Bill Poole named to Presidential Leadership Scholars Program
The Presidential Leadership Scholars Program announced that State Finance Director Bill Poole has been selected as a member of the Presidential Leadership Scholars Class of 2025. As one of 57 Scholars, Director Poole will join accomplished leaders in education, healthcare, public service, business, and other sectors to learn and hone leadership skills through interactions with former presidents, noted academics and industry leaders.
For the past decade, PLS has united a broad network of established public and private sector leaders to collaborate and create positive change in their communities and across the world. Chosen for their demonstrated leadership and support of projects aimed at addressing challenges and improving communities, Scholars will participate in a six-month program focused on core leadership skills, including: vision and communication, decision making, and strategic partnerships.
“It is an incredible honor to be named to the 2025 Class of Presidential Leadership Scholars,” said Director Poole. “I look forward to interacting with and learning from past presidents and industry leaders. I am excited to work alongside peers from across the country that are dedicated to promoting civic engagement and working on issues that will improve our communities.”
In addition to visiting four presidential centers, scholars will participate in a personal leadership project addressing local and global issues.
“I am proud to surround myself with a dedicated team of public servants to help propel Alabama forward, and I am certainly glad that includes Bill Poole. It is very exciting Bill has been selected for the Presidential Leadership Scholars Program, and I know he will represent our state well,” said Governor Kay Ivey. “Congratulations to Bill as he continues taking steps to develop and best serve the people of Alabama.”
Bill Poole was appointed Finance Director for the State of Alabama on August 1, 2021. As Alabama’s chief financial officer, Poole serves as an advisor to the governor and the legislature on all financial matters and is charged with promoting and protecting the fiscal interests of the State of Alabama. He also serves as chairman of Innovate Alabama, the state’s first public-private partnership tasked with promoting entrepreneurship, technology and innovation. Poole was a member of the Alabama House of Representatives for eleven years, where he served as chairman of the House Ways and Means Education appropriations committee for eight of those years.
To learn more about the Presidential Leadership Scholars program, visit “Presidential Leadership Scholars.”
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