Author: Arabian Media staff

Not having kids might mean fewer financial obligations, but it doesn’t automatically make retirement planning easier. In fact, flying solo as you age comes with its own set of complexities, from health care costs to estate decisions. Here’s what child-free adults should know when planning for life after work. Key Takeaways Child-free retirees often enjoy more flexibility but must proactively plan for long-term care and estate decisions. Without heirs, the focus shifts from legacy building to safe spending, optimal risk taking, and tax-smart asset drawdowns. Naming trustworthy proxies and setting up proper beneficiary structures is particularly important when kids aren’t…

Dividend-paying exchange-traded funds (ETFs) have been growing in popularity, especially among investors looking for high yields and more stability in their portfolios. As with stocks and many mutual funds, most ETFs pay their dividends quarterly—once every three months. But some ETFs offer monthly dividends, which can be more convenient for managing cash flows, and the predictable income stream can help with budgeting. Further, these products give greater total returns if the monthly dividends are reinvested. While many ETFs pay out regular dividends, we look at just eight of them here. Key Takeaways For investors looking for income from their holdings,…

Denmark will soon be tied with Libya to have the highest official retirement age—meaning the age when a person can access their full government pension or social security check—in the world. Libya’s current official retirement age is 70. And, following a law passed this spring, Denmark will soon follow suit, raising the age for those born after Dec. 31, 1970, to claim full pension benefits to 70 years, up from 67. The change will be implemented gradually through 2040. Key Takeaways Denmark will soon be tied with Libya as having the highest official retirement age, at 70 years old.Other countries…

Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link

The foldable smartphone segment is rapidly moving beyond its nascent stages, transforming into a mature category that blends cutting-edge technology with practical, daily utility. In the Middle East, a region characterised for its love of digital innovation and premium devices, the introduction of a new flagship foldable carries significant weight. HONOR recently unveiled its Magic V5 foldable in Dubai, a device meticulously engineered to redefine the user experience through a convergence of advanced hardware and deeply integrated artificial intelligence. We chatted with Laurance Li, GM for HONOR GCC to delve deeper into the technical advancements, strategic market positioning, and HONOR’s…

Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link

Texas has the second-largest economy in the U.S. (after California), with a state gross domestic product (GDP) of $2.7 trillion in 2024. Much of that money is made in the oil and gas industry, though farming, steel, banking, and tourism are also big contributors. One of Texas’s biggest draws for business owners? Its friendly tax environment. Key Takeaways Texas does not have a business income tax but levies a franchise tax on certain businesses.Businesses with revenues under $2.47 million pay no franchise tax.Businesses with revenues up to $20 million pay a tax rate of 0.331%.Larger businesses pay either 0.375% or…

There was a time when, after 25 or more years of working diligently for your employer, you could expect to be rewarded for your loyalty and hard work with a steady stream of checks lasting the length of your retirement. But times have changed and those steady checks, which came courtesy of a defined-benefit plan, or pension, are a thing of the past for most private-sector workers. In this article, we look at the shift away from defined-benefit plans in the last few decades toward defined-contribution plans, such as 401(k)s, and suggest ways to ensure that you have a dependable…

Key Takeaways Investors buy corporate bonds because they provide income, can be less risky than stocks, and help diversify portfolios. Companies issue corporate bonds when they want to raise capital. Types of corporate bonds include investment-grade, secured, and convertible bonds. Risks associated with corporate bonds include interest rate and default risk. After opening an account with an online brokerage firm, you can decide whether to invest in bond funds or individual bonds. For a relatively low-risk investment that can help you generate income, consider corporate bonds. Available through popular online brokerage firms, these fixed-income investments are offered by companies that…

Image: Getty Images/ For illustrative purposes Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the Federal Reserve added to tailwinds from recently announced financial reforms. The world’s largest crypto-asset by market capitalisation climbed as much as 0.9 per cent to $124,002.49 in early Asia trading, surpassing its previous peak hit in July. On the day, the second-largest crypto-token, ether, reached $4,780.04, the highest level since late 2021. Bitcoin rally linked to certain factors Bitcoin’s rally is being powered by growing certainty of Fed rate cuts, sustained institutional buying, and moves by the Trump…