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The exact amount you’ll need to retire

By
Nicole White
August 31, 2018
5 min read
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Here’s a look at a few things people were talking about in the market.


Uber for blood


A monthly fee of under $200 will gain you access to holistic healthcare, thanks to Parlsey. ‘Holistic’ means they look at a much wider swath of data than the regular doctor and also look at your social factors – your relationships are probably one of the biggest determinants of health.


Read the whole story on Fast Company.


What does this mean for you? Even if you’re not into the holistic approach, this monthly fee structure should excite you. Making healthcare, office visits, tests, and blood work accessible is clutch for so many Americans. If you’ve chosen the most affordable option through your employer, you might have a high-deductible plan – visits to a service like this is much cheaper than visiting your regular doctor.


Very hungry caterpillar


You know who loves climate change? Hungry bugs. That’s because as temperatures rise, insects become more active and reproduce more, which makes them hungrier. For every two degrees that temperatures rise above average, the amount of wheat, corn, and rice lost to insects will increase by 10 to 25 percent.


Read the full report from Science.


What does this mean for you? "Increased pesticide applications, the use of GMOs, and agronomic practices such as crop rotations will help control losses from insects,” Naylor said in a statement. “But it still appears that under virtually all climate change scenarios, pest populations will be the winners, particularly in highly productive temperate regions, causing real food prices to rise and food-insecure families to suffer."


Your magic retirement number


Advice is everywhere for exactly how much you’ll need to retire. We even tossed our two cents  into the conversation. Our best advice is ten times your salary at retirement age, but there are more than a few ways to look at the math.


See everyone’s advice on Forbes.


What does this mean for you? Make a plan, make investments. What’s the worst outcome you can experience by saving too much for your retirement? Right – you will have more money to burn through during your golden years. On the other hand, what’s the worst outcome that can result from not saving enough? Exactly.


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