Woodstock was a rock festival that took place in New York from August 15th to August 18th, 1969. It became the most famous music festival in history both for the legendary bands that performed and for the people that attended the festival in the spirit of love, peace, fun and awesome music.
These stunning photographs offer a glimpse into the lives of some of the most recognizable people and moments throughout history. Few people have seen these rare photographs that offer more than just publicity shots of famous figures but rather give an in-depth look into the way they lived and the things that mattered to them.
Grace Kelly was one of the most beautiful women who ever lived and when she was first photographed by Howard Conant it was clear that she would be a star. The photographer followed her while on vacation in Jamaica and many of his photos have been featured in magazines. But this rare image gives the stunning Grace Kelly a peaceful look in a beautiful backdrop.
When someone you know is retiring it can be really hard to find just the right gift. Is it better to get something sentimental? Something fun? Something they can use? It really depends on the person and your budget. The following are a few great gifts that will fit nearly any budget and personality.
This can be either a pocket watch to do something more as a memento or a wristwatch for something a little more practical. For an added touch get it engraved.
Something for their Hobby
Are they a cook? A golfer? A Fisher? Perhaps a chess player? Whatever they are into get them something that goes with their hobby because they are going to have a lot more time to do it now.
Some people who retire do so because they want more time to travel and take vacations. A map is a great way for them to document where they’ve been and where they want to go.
Whether it is for coffee or beer a mug can be a great gift. Pick one that is funny, sentimental or appropriate and it can be the perfect gift for anyone.
A Gift Basket
It might not be the most sentimental gift, but it might be the most practical for someone that has everything (or too much stuff). This is something they can eat or use and not have more clutter.
A plaque is a great way to show someone how much they were appreciated at their job and it is something they can always look at on the wall and remember the good times at work and how they did make a difference.
A Photo Album
This can either be filled with photos of everyone at work or great times had at work or it can be left blank. If giving a blank photo album add a note that tells them to fill it with photos of all their adventures.
Something for Their Travels
If you know they are planning a big trip for their retirement or there is someplace they’ve always wanted to go, give them something they can use on their trip. Or you can give them something that reminds them of the place they are hoping to go.
A Night Out
They’ve got time, give them a gift certificate to dinner or an event or a concert. Get them started enjoying their retirement.
Something from Their Job
If they loved their job give them something to remember it by. Either something as a joke or a sweet memento whichever you think they will appreciate more.
When it comes to presidents it is no secret that many of them have entered the office quite wealthy. Several had established their fortunes well before getting the stress and the salary of the highest office in the land. For many of these presidents they had a quite a nest egg built up by the time they retired, but for some it was not enough to supply their extravagant lifestyles and they ended up deep in debt by the time they died.
All of the net worths of these presidents have been adjusted to the 2010 US dollar.
Thomas Jefferson $212 million
Thomas Jefferson had a substantial fortune to his name by the end of his presidency. He inherited 5,000 acres of land from his father and became a lawyer. Through his wife’s family he inherited 11,000 acres and 135 slaves. When he ended his presidency, he founded the University of Virginia and lived an extravagant lifestyle. His spending put him in debt by the time of his death and his daughter was forced to rely on charity.
For a long time, New Zealand was thought of as a haven for billionaires. A beautiful country with plenty of ways to enjoy their seemingly limitless wealth. The release of the Panama Papers suggest New Zealand may also have an appeal as a tax haven for billionaires and millionaires but that has not protected them from recent downturns. Many of the wealthy in New Zealand have seen significant decreases in their net worth, but still the same names continue to top the list.
1. Graeme Hart
Net Worth: $7.3 Billion
Graeme Hart built up a massive net worth through slowly buying up underperforming businesses. He has created what is now known as his packaging empire with businesses that make things ranging from paper and foil to milk cartoons and water bottles. Graeme Hart has made a fortune for himself even though he dropped out of school at 16 and started his career working as a truck driver. However recently he has begun selling some companies to pay off his debt.
In 2015, Global Finance Magazine ranked the wealthiest countries in the world based upon their GDP per capita. The analysis also included the Purchasing Power Parity which takes into account the cost of living and the inflation rate within the countries in order to compare the living standards. All but the most smallest countries like Andorra and Monaco were included in the study.
GDP per capita $105,091.42
Qatar is currently considered to be the most advanced Arab state for human development. It has the highest per capita income in the world and is backed by the world’s third largest natural gas and oil reserves. The country is so wealthy that approximately 14% of households are dollar millionaires but it relies heavily on migrant workers to build its economy. Currently 84% of the population are migrant workers.
South Africa has become one of the most stable and fastest developing counties on the African continent. Numerous South African businesses have grown into worldwide conglomerates and there are several billionaires living in the country today. Take a look at how some of the richest people in South Africa climbed the ladder of success.
Markus Jooste is the CEO of Steinhoff International. He joined the company in 1988 after he engineered the sale of a South African retail chain to the German owners of Steinhoff. He then worked his way through the company to turn it into “Africa’s Ikea” and the second largest retailer of household goods in Europe. In 2014 Steinhoff International purchased another company, Pepkor Holdings, which added clothing to their list of offerings.
Medicare Supplemental Insurance is a policy to cover those gaps in Medicare coverage so that you are protected from having to pay for care in certain instances where Medicare won’t cover you. Also known as MediGaps, these include copayments, coinsurance and various deductibles, depending on what medical needs you may have. However, there are a number of important things you should know about Medicare Supplemental Insurance before you set up a policy for yourself:
- You are still in the Medicare Program and you still receive the same rights and protections in the Medicare program as you did before you set up this Medicare Supplemental Insurance Policy.
- You can only join a plan at certain times during the year. This will vary from plan to plan so it is important to know exactly when you can join one and when you can’t.
- You can check with the plan before you get a particular service to see if it’s covered and what the costs may be if it is or isn’t. This is incredibly helpful for people who may have pre-existing conditions or have concerns about health problems they may have in the near future.
- Most plans will allow those with pre-existing conditions to sign up for their plans, with the exception of a few conditions, namely End-Stage Renal Disease.
- You must follow the specific rules of your medicare supplemental insurance plan, like getting referrals from specialists to avoid the added cost and using specialists within your plan’s network. Each plan is different so it’s important to check with the plan before each treatment or doctor’s visit. If you go to someone outside of network, there is a good chance you will not be covered at all.
- Out of pocket expenses are usually capped with a limit for how much each policy holder has to spend per year. Once this limit is reached, you will not have to pay anymore out of pocket for the rest of that year. However, these limits can often change at any time.
- These Medicare Supplemental Insurance plans can’t charge more than original Medicare would charge for services like chemotherapy, dialysis or skilled nursing facility care.
Companies with some of the best Medicare Supplemental Insurance plans.
Retirement is the big dream for most Americans. Putting down the ax and calling it quits from the grind stone is every hard-working persons’ ultimate goal, save those rare occasions when an individual would like to work until death. What are the actual numbers behind what make this dream a reality though? The answer is closely tied to how you want to spend your retirement. There are endless options ranging in price and depending on your wants and needs.
Retirement calculation will help you crunch these numbers, but ultimately, you must ask yourself what kind of life you want to live. For instance, some people’s ideal retirement is just to maintain mortgage, taxes, food, health care, and other essential living expenses, while saving for end of life costs such as hospice nursing and a decent funeral service. If you are the creator of a large or small family, you may also want to consider leaving your loved ones something behind. A retirement calculator can help put all these numbers into perspective by adding your expenses and subtracting them from your annual allowance or projected lump sum.
Still other people have more extravagant retirement plans which can still be surprisingly affordable: purchasing a small piece of land in a tropical paradise, selling the house to buy a dependable RV to travel away the rest of those days, or even relocating to Europe or some other country you have always admired.
You may want to think about budgeting carefully if you are a luxurious spender. Money goes so fast. Whatever budget you create, extravagant or frugal, just remember to stick to it, and also, plan to live until 100, better to over shoot than under estimate. If you are lucky enough to have a job with a retirement plan, it is highly recommended to NOT cash out early, no matter how appealing this option may seem. After all, that money is for the future! Be patient. Try to forget it exists.
Vanguard manages $3 trillion of assets and has traditionally been quite successful at managing other people’s money. In examining the nation’s top 101 most popular 401(k) plans, Vanguard 401k makes up 32 of them. What does this giant in retirement funds have to offer different investors?
A very popular investment is Target Retirement funds, which Vanguard is able to offer to 88% of its investors and 66% of different plan participants invest in those plans. Eight of the actively managed funds appear on the list of the 101 most popular, and actively managed funds have especially been a target for overcharging customers, Vanguard’s actively managed plans have a good reputation for controlling costs.
Most of Vanguard’s 401(k)’s have a good reputation for providing a solid mix of stocks and bonds, as well as providing a reasonable expense ratio.
Wellington: Vanguard’s Wellington invests 66% of its assets in stocks with 34% invested in bonds. This fund has $89 billion in assets and an expense ratio of .26%. The real question an investor has is the return on investment. The one-year return on Vanguard Wellington is 3.5%, the five-year return is 12.1%, and the 10-year return is 7.9%.
All is not perfect with Vanguard funds. Their International Growth plan has had three different managers since 2009, and that has affected its recent performance. International Growth fund has $23.1 billion in assets and an expense ratio of .47% which is still not astronomical. The one year return is -1.6%, the five-year return is 10.5, and the 10 year return is 7%. The discrepancy between the one and five and ten year returns indicates this plan bears watching. Perhaps with a consistent leadership, this plan will settle in and produce more consistent results.
Finally, consider the Vanguard Morgan Growth plan. This plan has $11.6 billion in assets, an expense ratio of .40%, and a one-year return of 12.6%, a five-year 17.7%, and a 10 year return of 8.6%. This fund invests in fast-growing firms that have smart boards and smart directors. If there is a concern about this fund it is that there are five firms involved in running it.
Vanguard has been around for a long time, and has been successful just as long making smart investments with their Vanguard IRA plans. Depending on how important large growth is there are many funds a future retiree can choose from.