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For many people who suffered lackluster investment returns after enduring a highly volatile stock market, retirement has become an elusive goal. Some financial experts recommend that workers postpone retirement as wages stagnate, 401(k) portfolios underperform and pension plans go the way of the rotary phone. However, some people have discovered that retirement is not as hard as it looks. With a bit of careful planning and dedication, that time of leisure can come earlier than 65 — much earlier in some cases. Bankrate profiled four people who managed early retirement at ages ranging from 33 to 52. None of them [...]

You’ll have to work pretty hard to crash the newest Lexus.The company’s flagship sedan arrives in the fall with a “pre-collision system” that hits the brakes for you if it senses an impending frontal impact at speeds under 30 mph. Those who’ve driven it are impressed.And those shelling out north of $ 60,000 for a new LS460 are likely to be happy to buy this cutting-edge feature. But should every car have the same kind of technology?The average consumer has an auto accident of some kind every 10 years, according to Allstate, and files a collision claim about every 18 [...]

Shots of wealthy young people from the Rich Kids of Instagram blogRich Kids of Instagram is a blog that reposts Instagram photos of wealthy people living large Some kids are unhappy with the attention, others are pondering reality TVThe people behind the blog plan to keep posting “as long as there is opulence to post” They have money, youth, ample amounts of free time and now a bit of fame. So what’s next for the much maligned people featured on the hit site Rich Kids of Instagram? Some are grounded from over-sharing on the Internet, others embarrassed by the attention [...]

A new survey projects that Singapore will – by a wide margin – be home to the wealthiest citizens in 2050 with per capital income estimated at $ 137,710.Hong Kong will rank second in 2050, with per capital income estimated at $ 116,639.Taiwan residents will rocket into the top five in the next 40 years, with a projected average income of $ 114,093.World-beating conglomerates such as Samsung will help propel South Korea to the fourth most affluent country in the world in 2050 with per capita income estimated at $ 107,752.The Knight Frank-Citi Wealth Report estimates the United States will [...]

Juliet Sandler dresses in the latest $ 650 dresses and $ 400 shoes from Parisian fashion house Lanvin. Juliet is 3. Her mother, Dara Sandler, says she dresses her daughter in the latest fashions because Juliet is a reflection of her – even though her daughter can’t spell the names of the designers, let alone pay for their clothes. “I dress my daughter exactly the way I dress myself,” says the 33-year-old Manhattan mother, who spent $ 10,000 for her daughter’s summer wardrobe. She plans to spend a few thousand dollars more for fall. Top fashion designers are pushing more [...]

Remember when news reports claimed that actress Lindsay Lohan supposedly owed $ 600,000 in credit card debt and was having trouble paying it off? This sad story just goes to show that people of all income levels, professions, and stages of life can end up wallowing in credit card debt if they don’t have good money management skills.Get Real and Confront Credit Card UseEven people who earn six figure incomes or more can find themselves struggling to keep up with credit card payments and other bills related to lavish lifestyles. So what should you do if your credit card use [...]

A lot has happened since 2008, especially in the national dialogue about economic inequality. There was the hot-button issue of whether CEOs, particularly those at bailed-out firms, should be allowed to take home monster pay packages. There were the rampant, rallying cries of Occupy Wall Street protesters against “the 1%”. There was – and still is – the fiery debate in Washington over whether or not to extend the Bush-era tax cuts. And yet not much has changed in the sense that the majority of Americans still believe the rich deserve to be rich, according to a recent survey by [...]