RetireHub Daily — 3/25/24

It is Monday, March 25th, 2024

Deal of the Day

Crocs Spring Sale — Up to 60% Off

Comfortable footwear company Crocs is running a spring sale, with their shoes and other items as much as 60% off!

• Crocs Spring Sale — Up to 60% Off

RETIREHUB POLL

Yesterday’s Poll Results - Where do you focus your financial investments as you plan for the future?

Keeping investments in 401(k)s or IRAs was the winner with 35% of the vote, followed closely by “maintaining a diverse portfolio to balance risk and return” with 31% of the vote!

Thanks to everyone who voted and commented!

Best of the Comments:

• “My grown children know more about investing than me and with the costs of care when seniors require it, encourage me not to withdraw any of it unless it's a real emergency ”

• “I do bonds”

• “Annuities ”

We had our artist depict a RetireHub member analyzing their 401(k) and other retirement portfolios!

WHAT WE’RE READING

SENIOR LIVING NEWS

One Piece of Financial Advice You Can Ignore

If there is one piece of traditional financial advice I wish we all knew we could ignore, it would be: “Only spend on what you need, not what you want.”

You’ve probably heard this piece of wisdom thousands of times in your life, and maybe you’ve even said it as many times! But the wants-vs-needs decision making strategy is probably the worst piece of financial advice for anyone.

• Read the Guide

How does a Thrift Savings Plan (TSP) Work?

Private-sector employees have 401(k)s, but federal government employees are offered a similar retirement option in the form of a thrift savings plan.

If you work in the private sector, chances are you’ve been offered a 401(k) plan as part of an employment perk. For government employees, though, 401(k)s aren’t as common. Federal government workers, including the military, have the option of their own plan, called a Thrift Savings Plan (TSP).

• Read the Guide

LONGEVITY TIP OF THE DAY

Get Health Screenings and Tests — Keeping on top of your health is key to ensuring your optimal life expectancy. This means seeing your healthcare provider at least once yearly for a comprehensive physical exam and evaluation. If you have one or more chronic medical conditions, you may need to see our provider more often or see other specialists to ensure your medications are working and the goals of treatment are being met.

SLANG WORD OF THE DAY

Word: Sus

Definition: Suspicious, suspect.

Used in a Sentence: “The pizza had been out so long it was starting to look grey and very sus.”

NEWS OF THE DAY

Grandma's Place is an uplifting oasis for children in Harlem

Grandma's Place is a combination toy shop and book store that for over two decades has been a hub for families in Harlem.

Grandma is owner Dawn Harris-Martine, a beloved staple of the neighborhood.

The retired school teacher of 35 years stocks her toy store and literacy center with grade-level-specific curriculum and workbooks and critical-thinking games.

• …Read The Full Story

Charity steps in to rehome 300 cats from ‘overwhelmed’ man in Canada

An animal welfare charity in western Canada is scrambling to secure the resources needed to care for about 300 cats – all of them seemingly in good condition – after a call came in from a man who described himself as being “overwhelmed” by the sheer number of cats and kittens in his home.

Bruce Robinson told the British Columbia SPCA that he had taken in cats that had been abandoned during the Covid-19 pandemic but that the cost of caring for them had become a herculean task after he lost his job.

• …Read The Full Story

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).