RetireHub Daily — 3/12/24

It is Tuesday, March 12th, 2024

On this day in 2009, American hedge-fund investment manager Bernie Madoff pled guilty to various crimes related to his operation of a Ponzi scheme that was one of the largest in the world; he was sentenced to 150 years in prison.

DEAL OF THE DAY

RETIREHUB POLL

Yesterday’s Poll Results - How often do you attend live entertainment events?

It takes something particularly interesting to get most RetireHub members to a live entertainment event, with over 46% of the vote choosing “Rarely”.

Thanks to everyone who voted and commented!

Best of the Comments:

• “People standing n front of me with cellphones discourages me from attending live events.”

• “I like to watch things from the comfort of my own home.”

• “We LOVE live music! We have several friends in bands and go to their gigs often! :)”

We had our artist depict RetireHub members enjoying their favorite bands performance from the comfort of their own home!

WHAT WE’RE READING

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SENIOR LIVING NEWS

Travel Clothes for Women Over 60

Fashion choices for women over 60 have evolved, and this extends to travel clothes too. You no longer need to sacrifice style for comfort. Whether you’re exploring new destinations, strolling through city streets, or going on a domestic cruise, your travel clothes should reflect your style and zest for adventure.

1) Optimal Outfit for Extended Flights – The Royal Robbins Spotless Traveler Shirt is a comfy, lightweight choice for extended travel. It has a hidden passport pocket, and the fabric fights stains and static.

What Is a Fee-only Financial Planner?

Financial advisors can get paid a few different ways, with fee-only planners getting paid solely through an agreed-upon fee—either a percentage of the assets being managed, an hourly rate, or a flat fee. This differentiates them from fee-based planners, who make a commission off of products they sell you. Learn whether a fee-only financial planner is the right choice for you, your money, and your future.

A fee-only financial planner will charge you a fee for their services, usually based on a percentage of your assets being managed, though sometimes calculated as an hourly or project-based rate. This is different from fee or commission-based advisors, who can earn a commission or referral bonus from any products they sell you. In other words, fee-based planners are incentivized to sell you products that benefit their bottom line, whether or not the products are the best fit for your particular financial situation.

LONGEVITY TIP OF THE DAY

Toss that rug — One of the top risks for falls at home is throw rugs. Those slip-slidey accoutrements send 38,000 older adults to the emergency room each year, according to a 2013 study by the CDC. Banish these rugs from your home, and make sure bath mats have a nonslip bottom.

SLANG WORD OF THE DAY

Word: Swerve

Definition: To go out of one’s way to avoid someone.

Used in a Sentence: “I saw Megan at the baby shower and had to swerve to avoid hearing about her new home in Florida.”

NEWS OF THE DAY

AI makes breakthrough discovery in battle to cure prostate cancer

Scientists have used AI to reveal a new form of aggressive prostate cancer which could revolutionise how the disease is diagnosed and treated.

A Cancer Research UK-funded study found prostate cancer, which affects one in eight men in their lifetime, includes two subtypes.

FDA to Finally Outlaw Soda Ingredient Prohibited Around The World

An ingredient once commonly used in citrus-flavored sodas to keep the tangy taste mixed thoroughly through the beverage could finally be banned for good across the US.

The FDA proposed in November to revoke the registration of a modified vegetable oil known as BVO in the wake of recent toxicology studies that make it difficult to support its ongoing use.

RETIREHUB TRIVIA

Our goal is to grow RetireHub to over 1 million members — with this, we’ll have the leverage to get even better discounts from the likes of Netflix, Amazon, and others.

Want to help? Simply forward this email to three friends below (we’ll track your referrals when they sign up).