• When It's Time to Stop Saving for Retirement
    Lifestyle
    Investopedia15 hours ago

    When It's Time to Stop Saving for Retirement

    You’ve done all the right things – financially speaking, at least – to get ready for retirement. You started saving early to take advantage of the power of compounding, maxed out your 401(k) and individual retirement account (IRA) contributions every year, made smart investments, squirreled away money into additional savings, paid down debt and figured out how to maximize your Social Security benefits. Now what? When do you stop saving – and start enjoying the fruits of your labor? A Nice Problem to Have (But a Problem All the Same) Many people who have saved consistently for retirement have trouble making the transition from saver to spender when the time comes. Careful saving – for decades,

  • Please stop suggesting these inventions to Ford
    Business
    Quartz23 hours ago

    Please stop suggesting these inventions to Ford

    If you’ve ever had an idea that you think would change the way we get around, Ford would like to hear it. The company has a portal open to employees and the public where anyone can suggest an idea to Ford, and, if the company likes it, it may work with the person to help them secure the intellectual property. On the site, Ford has a list of a few suggestions that it would really prefer if you didn’t send them, because the company is either already working on similar ideas, or it’s just heard it a ton of times before and can’t do anything with. “We do not want you to waste your time submitting these ideas (or our time reviewing them), as we will reject your submission,” Ford says on the site.

  • finance
    Bloomberg3 hours ago

    Sears to Borrow $300 Million From Lampert as Losses Mount

    Eddie Lampert, the hedge fund manager who runs Sears Holdings Corp., is once again lining up financing for the money-losing retail chain.