It’s easy to imagine retiring to a beautiful place, but many other people likely think the same way, which means it can be expensive. As part of her Where Should I Retire series, Silvia Ascarelli helps a couple who want to retire and move to a small town in the mountains. The problem is that your annual budget, including rent, will be only $ 1,500 a month. Can be done.
Photo illustration by MarketWatch / Epic Games | iStockphoto
Apple Inc. AAPL, -1.51% receives a 30% cut from software developers who sell their products to iPhone users through Apple’s review process. And there is no easy way to “side load” applications on an iPhone. Epic Games, the maker of Fortnite, sued Apple for trying to break what the game creator calls an illegal monopoly. Jon Swartz explains what is likely to happen when the companies go to court next week. Big Tax Plans and What They Could Mean To help fund his $ 1.8 trillion “American Family Plan”, President Joe Biden has proposed a drastic increase in capital gains. tax rate for those earning $ 1 million or more. At first glance, it would appear that this tax increase would not affect the majority of Americans. But homeowners and investors may take more risk than they think, according to Jacob Passy. Stephanie Leiser explains what capital gains are and how they are taxed. Helping the Internal Revenue Service do its job The Internal Revenue Service has been downsized. The number of IRS agents fell to 8,350 last year from 14,749 the previous decade. This has impaired the agency’s ability to conduct audits, which declined dramatically during that period. President Biden wants to increase the IRS budget by $ 80 billion over the next 10 years and believes that doing so will increase federal revenue by $ 700 billion. Here are several opinions on how much more effective the IRS could be under Biden’s proposal. More: The Biden Administration Wants To Give The IRS Authority To Regulate The ‘Wild West’ Of Paid Tax Preparers
Jessica Alba founded Honest Co. in 2012 and now serves as the company’s creative director. The company sells a number of home and consumer products designed to promote a “clean” life, in part in response to Alba’s own experience with allergies and asthma as a child. Honest Co., has requested an initial public offering of shares. Tonya García shares five things investors need to know about the company: A difficult retirement scenario As part of her Help Me Retire series, Alessandra Malito has advice for a recently divorced 63-year-old woman who worries she may never afford it . Two Costly, Quick-Trigger Pandemic Purchases, and What Happened Next
Steven Kutz and his girlfriend made the decision to buy a house in 15 minutes. Then they bought a car without being seen. Here’s how those decisions turned out. An entertainment industry initial public offering, Ciara Linnane, describes the difficult path Endeavor Group Holdings Inc. EDR took, + 9.37% to achieve its successful initial public offering on Thursday. The company owns the William Morris Agency, IMG, a modeling agency, and the Ultimate Fighting Championship. What Powell could do in Jackson Hole Federal Reserve Chairman Jerome Powell said this week that it was too early to make changes to the central bank’s monetary stimulus, despite the US economy’s 6.4% annual growth rate. during the first quarter and rising inflation. That has economists focusing on the Fed’s annual conference in Jackson Hole, Wyoming, which usually takes place in August. Greg Robb describes the steps Powell can then announce. Want more from MarketWatch? Sign up for this and other newsletters and get the latest news, personal finance, and investment advice.