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Unlocking Your Retirement Potential: The Art of Saving and Investing

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Lifestyle - RSVTV news originally published at Lifestyle - RSVTV news

Unlocking Your Retirement Potential: The Art of Saving and Investing

NEW YORK, August 24, 2023 (Newswire.com) - An important thing to understand about unlocking your retirement potential through the art of saving and investing is that the best time to start is right now. The earlier you begin saving and investing for retirement, the more money you'll have when you get there. Yes, in part because the sooner you begin, the more you'll save. However, the principle of compound interest magnifies this concept to a greater degree. With that said, though, it is never too late. These experienced insights from Yieldstreet may help, regardless of where you are on your career path.

1. Establish Your Goal

Many counselors advise saving and investing 15% of your income annually. Of course, the exact amount you save will depend upon the goal you set for yourself. Using a retirement calculator, you can determine how much you need to put away annually to reach a certain monetary goal in a given number of years. 

2. Harness the Power of Compound Interest

Consider a scenario in which two people invest a total $5,000 annually, earning a six percent return. Further, let's assume they both retire at age 67. However, one person begins investing at age 22, while the other starts at 32. Leveraging compound interest, the 22-year-old will have some $500,000 more than the 32-year-old at retirement, because in addition to the 10 years of additional savings, they'll earn interest on their interest over a 10-year longer period.

3. Leverage Employer Matching Contributions

Employers often provide matching funds of up to 5% of your contributions to your retirement fund. Whatever the case, put away at least the amount needed to get their maximum contribution. That is free money they will give you, just because you're saving money for your future. Take advantage of it. 

4. Save—Regardless of the Type of Investment Account You Choose

In some cases, an employer's 401(k) plan will have pre-selected investments, ranked by degrees of aggressiveness. In that instance, you'll have the option of choosing the level of risk to which you're comfortable being exposed. 

Other choices include Individual Retirement Accounts (IRAs), which you can establish and guide on your own. Those dollars typically aren't taxed until you make account withdrawals. However, the Roth IRA taxes the money when it goes in so it can be withdrawn tax-free. This can be advantageous for younger people, as they'll get future money based upon current taxes. 

These are but two of the investment options you'll have. Others include annuities, mutual funds, stocks, bonds, exchange traded funds, dividend reinvestment plans and more. Here, it is a good idea to work with an investment professional to help you establish, balance, and manage your portfolio. Many, such as the Yieldstreet Loyalty Program, offer a number of benefits such as special investment opportunities, knowledgeable Private Client Group and Investor Relations associates, portfolio reviews and more. 

These tips could help you maximize your retirement potential.

Contact Information:
Seba Koshy
Account Manager
seba@mashmarketing.digital


Original Source: Unlocking Your Retirement Potential: The Art of Saving and Investing

The post Unlocking Your Retirement Potential: The Art of Saving and Investing first appeared on RSVTV news.

Lifestyle - RSVTV news originally published at Lifestyle - RSVTV news

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NEW YORK, July 18, 2024 (Newswire.com)
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Tiny Souls Media Inc., a start-up specializing in children’s media and educational resources for caregivers, launched its first episodes of an original preschool animated series entitled Zip and the Tiny Sprouts last month on YouTube. The series is written and directed by K Love You Bye’s Peter Johnston and Kyle Logan with Chris Bennett (Bluey) as animation director. Zip and the Tiny Sprouts aims to entertain young audiences while supporting their learning and social-emotional development. The series will feature 26 seven-minute episodes set in the whimsical Harmony Hollow, released every other weekend on YouTube and the YouTube Kids app. Additional content such as sing-alongs and craft videos are also featured on the channel to help families learn and grow together.

Each episode features meaningful stories and original music on themes like patience, perseverance and gratitude, and is grounded in established curriculum frameworks and developmental psychology research. Lacey Mason (Sesame Workshop, Dodo Kids), Head of Development and Production at Tiny Souls Media, shared, “Each episode of Zip and the Tiny Sprouts is thoughtfully crafted with humor and heart. We have an extremely talented art and animation team making the Sprouts and their world come to life in fantastic, endearing and relatable ways.”

“We are thrilled to launch this unique animated series alongside a robust offering of resources and activities that empower caregivers and educators of young children to learn about important themes that can create a solid foundation for their well-being,” said Shadi Toloui-Wallace, founder and Chief Creative Officer of Tiny Souls Media. 

The show has already become a YouTube sensation with the first five episodes garnering over 1.5 million views within the first month of its release. “The reception to it has been just wonderful. But there’s no time to rest. Our journey is just getting started and we’ve got lots of funny, heartfelt and thoughtful stories to share,” said Animation Director and writer Chris Bennett.

Unique to many of its competitors, Tiny Souls offers educational content for both caregivers and young children, all informed by developmental psychology research. Earlier this year, Tiny Souls Media launched the Caregiver Companion Series of parenting courses available on its website and app, featuring expert advice, purposeful activities and games, songs and more.

Contact Information:

Elyse Averbach

Marketing Manager

press@tinysoulsmedia.com



Original Source:

New Parenting Course App and Original Preschool Animated Series ‘Zip and the Tiny Sprouts’ Launched by Tiny Souls Media

The post New Parenting Course App and Original Preschool Animated Series ‘Zip and the Tiny Sprouts’ Launched by Tiny Souls Media first appeared on RSVTV news.

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