The Chennai Metropolitan Development Authority (CMDA) is set to complete a detailed study to analyze the spatial distribution of employment and income categories with respect to the 5,904 sq km Chennai Extended Metropolitan Area (CMA). This study, conducted during a 32-week internship beginning April 1, is expected to be completed soon. A CMDA official said …
RIYADH: Qatar’s non-oil private sector continued to maintain strong growth in October, with the country’s Purchasing Managers’ Index reaching 50.8 on improving business conditions. The latest Qatar Financial Center survey data, compiled by S&P Global, however, showed the newly released figure was down from the 53.7 recorded in September. Nevertheless, the overall increase has continued …
Pay Dirt is Slates’ financial advice column.Have a question?Send it to Athena and Elizabeth here.(It’s anonymous!) Dear Pay Dirt, In the past, adults often died young enough that an inheritance could help young adults become financially stable. Today, not only are we living longer, but the economic reality for the younger generation is quite dire. …
Dear Dave, I read where you recommend saving 15% of your income for retirement. Should I count my employer’s contribution to my retirement plan in this 15%? Carlotta Dear Carlotta, That’s a great question. Employer contributions don’t count toward the 15 percent I recommend setting aside for retirement. It’s great if you work for a …
You’ll need money in retirement to cover your bills outside of Social Security. These monthly benefits will only replace about 40% of your pre-retirement income if you earn an average salary. If you prefer not If you’re facing a 60% pay cut in retirement, then saving for yourself is crucial. And you can do it …