good morning! It’s Daniel de Vis with your daily money.
Thirty years ago, financial advisor Bill Bengen created a retirement principle called the 4% rule. It went viral.
Now the rules are getting updates. We asked Bengen himself to explain.
Few Americans stop for fast food
Fast food restaurants once fought to get customers back, once the first stop for Americans trying to get food before a long job.
Breakfast sales across the fast food sector are showing a decline. Here’s the reason.
A “Trump Account” is free money. This is how you make that claim.
All children born between 2025 and 2028 get baby shower gifts from Congress and the President. A $1,000 deposit into a “Trump Account.”
It’s free money, but your baby can’t use it. Think of a “Trump Account” as seeds money, essentially to encourage children and families to save and build wealth for the many expenses of adults. This is how they work.
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About daily money
Every day, Daily Money will provide you with the best consumer and financial news from USA Today, breaking complex events, providing you with the TLDR version, and explaining how everything from the Fed rate to bankruptcy will affect you.
Daniel de Vice covers USA Today’s personal finances.
