You can retire at 55 with $600,000, but it depends on your budget and spending habits. If you withdraw $40,000 each year, your savings could last about 30 years. Factor in your Social Security income, investment income, and use a retirement calculator to understand your financial planning needs and adjust for inflation. Consider withdrawal strategies … Read more
At age 55 with no retirement savings, focus on debt reduction first. Contribute monthly to a Roth IRA. Use catch-up contributions for your 401(k). Evaluate your financial situation and consider part-time work. Reduce living expenses to free up money for future investments. Moreover, prioritize saving as much as possible. Open a high-yield savings account or … Read more
Yes, you can use Delta SkyMiles for hotel reservations through Delta Stays. Members earn additional miles by booking travel packages that include both flights and hotels. You can also redeem miles for vacation rentals. To book, log into your SkyMiles account and explore your options online. To maximize value, travelers should focus on promotions or … Read more
Discover affordable places to travel abroad. For 2025, consider these top 10 budget-friendly destinations: 1. Laos ($30/day); 2. Bulgaria; 3. Vietnam; 4. Mexico; 5. El Salvador; 6. Thailand; 7. Albania; 8. Nepal; 9. India; 10. Colombia. Enjoy rich cultures, local cuisine, and historical sites while staying safe and within budget! Eastern Europe also offers economical … Read more
To travel cheap, stay in budget accommodations like hostels or capsule hotels. Choose affordable flight choices from budget airlines. Use public transport and travel during off-peak times, like Tuesdays and Wednesdays. Pack picnic meals and opt for dormitory rooms for the best rates. Use these travel tips for great savings. Another money-saving tip is to … Read more
Yes, you earn Medallion Qualification Miles (MQMs) when you use Pay with Miles. You receive 1 MQD for every $100 spent on eligible tickets. This method counts like a cash ticket, allowing you to earn full MQMs and Medallion Qualification Dollars (MQDs) based on the base fare. This helps you toward elite status as a … Read more
At Starbucks, tips go to employees. All hourly workers, including baristas and supervisors, share tips. Every week, the tips are pooled and divided based on hours worked. This method ensures fairness. Digital tips show up in paychecks, enhancing clarity and promoting teamwork. However, experiences with tips can differ. In some regions, baristas express concern over … Read more
In Canada, you generally do not pay duty on groceries for personal use. Food items valued at up to CAN$800 are exempt from duty at customs. However, you must declare all items at the border. Remember, alcohol and tobacco have different duty requirements. Always verify the latest border regulations. Fresh produce, meat, and dairy products … Read more
You do not earn Southwest points when you use points for bookings. Points are only earned on revenue tickets, which are paid flights. You earn points on qualifying purchases with Rapid Rewards partners and on cash-paid flights. You can redeem your Rapid Rewards points for flights, merchandise, or vacations. Beyond flights, you can also accumulate … Read more
The American Express Platinum Card provides valuable travel benefits. Enjoy up to $200 in annual statement credits for certain bookings. Receive daily breakfast for two, complimentary room upgrades, airport lounge access, and 5X Membership Rewards points on eligible travel. Additional perks include airline fee credits and comprehensive travel insurance. Additionally, American Express offers access to … Read more