#financial-security

#financial-security

A Redditor must decide whether more money is worth a longer commute and five days in the office, complicating plans for early retirement.

A thing that terrifies me is apparently there are still some financial institutions that will accept the voiceprint as authentication. That is a crazy thing to still be doing. AI has fully defeated that.

The Social Security Administration will officially stop issuing paper checks, transitioning to electronic funds transfers starting September 30, 2025, to improve efficiency and security.

Insurance designed for older individuals differs from the types typically associated with earlier phases of life. These policies tend to emphasize peace of mind over wealth accumulation.

"USDA has a lot of data that people should be very concerned about protecting for a lot of different reasons," said one current USDA employee who requested anonymity due to ongoing fear of retaliation. "Farmers' financial and production data should be protected at all costs, for privacy reasons and because of competition. If you got access to disaster payments, you would be able to layer a lot of data and arrive at a lot of valuable conclusions about productivity and U.S. farmland, futures markets, and commodity prices. You can hedge a lot of bets and make a lot of money if you know what's happening with U.S. agriculture."

"Americans now believe it takes an average of $2.3 million to be considered wealthy. That's a 21% rise since 2021, reflecting the way inflation and soaring costs have changed perceptions of wealth."

Dividend growth investing provides a reliable, inflation-resistant income stream for retirement by leveraging consistent dividend increases and compounding for long-term wealth.

I had also been running three side businesses outside of work for several years, namely an online fitness coaching company. This allowed me to pursue my fitness passion while having bidirectional income streams.

I've always had at least one side gig on top of a primary job. Through economic dips, my backup jobs have brought me peace of mind for 25 years.

The poster plans to retire in four years when he is eligible for a second trust fund and expresses concern about whether he will feel fulfilled after leaving work.

With my phone unlocked, they targeted anything they could gain immediate access to including my bank and crypto accounts. They were even able to take a loan out in a matter of seconds.

HMRC is targeting salary sacrifice schemes in a move that raises concerns over pensions tax relief, prioritizing short-term tax gains over long-term retirement security.

Passive income is sought by retirees to supplement earnings and ensure a prosperous retirement, with various income sources including rental activities, stocks, and limited partnerships.

In a recent study, many Americans feel they require an unrealistically high income for financial security, yet true satisfaction comes from deeper, non-material pursuits.

Regular people are thinking gold is the key. They don't even believe in banks any more because the economics are shaky, and they don't even want to invest in institutions.