good morning! I’m Daniel de Visé from Daily Money.
The 4% rule in retirement puts a strict budget on your leisure time. Even if you save $1 million, the 4% formula only leaves you with $40,000 to spend in the first year.
But what if we told you that you could spend 5%?
Trump administration’s DEI investigation continues
The Trump administration is investigating the diversity efforts of major companies under the False Claims Act, a federal law that the Justice Department invokes against contractors who deceive the government. Companies targeted include Alphabet Inc.’s Google and Verizon Communications.
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In theory, anyone can achieve the American Dream. But at what price?
According to a recent analysis by Investopedia, it currently costs $5 million over a lifetime to fund the eight key elements of the American Dream.
Daniel de Visse covers personal finance for USA TODAY. Daily Money breaks down complex consumer and financial news. Subscribe here.
