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How to retire happily on less than $1 million

$1 million is the oft-cited amount people say you’ll need to retire comfortably. The theory behind that goes something like this: A $1 million nest egg can generate around $40,000 per year in inflation-adjusted income. That combined with the typical retiree’s Social Security payment of $1,360 per month brings that ...

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Dan Rather: 'We are a deeply divided country'

There’s a growing distrust of the technology industry, and if you ask Dan Rather, it’s because people are afraid. “We are deeply a divided country,” the iconic news anchor told CNNTech. “The digital divide, the divide about fear of the future, but also a general divide between the haves and ...

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Lawmakers look to stop shrinking airplane seats

Lawmakers are trying to put a stop to shrinking airline seats … again. A bipartisan bill introduced in the House and Senate would establish a minimum airplane seat width as well as a minimum distance between rows. The SEAT Act of 2017 would task the Federal Aviation Administration to set ...

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These startups are heading to Richard Branson's private island

Founders of Bloom Technologies, Giroptic and Sphero will pitch directly to Richard Branson. What’s it like to pitch to Richard Branson? Soon, three startups will know firsthand. As part of the Extreme Tech Challenge, entrepreneurs from three companies will travel to Necker Island, Branson’s private island, and pitch their business ...

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Wells Fargo fallout: Execs reshuffled, 3 managers out

Wells Fargo is still trying to clean up its fake account mess. The scandal-ridden bank reshuffled its consumer-banking empire this week, demoting one powerful regional boss and reassigning another. Wells Fargo (WFC) also confirmed that three regional managers are gone as the bank tries to repair trust with customers and ...

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Will Trump cut legal aid funding for the poor?

More than 150 law firms across the country sent a letter to White House budget director Mick Mulvaney on Thursday, urging him not to propose the elimination of federal funding for the Legal Services Corporation. LSC provides grants to nonprofits nationwide that in turn provide civil legal aid to those ...

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