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There are now more than 8 million positive cases of COVID-19 in the US since the beginning of the pandemic, according to Johns Hopkins University.There are more than 218,000 deaths in the country from the coronavirus.Cases are climbing around the country, as some states report numbers of daily new positive cases as large as they saw earlier this summer.Two states on Friday, Illinois and North Carolina, reported their highest daily COVID-19 positive case count ever. Several states are reporting a low number of available hospital beds in their ICUs, including Michigan and North Dakota.Across the country, there have been more than 53,000 new daily cases each day for the last week. That represents an increase of more than 55 percent in just over a month, according to CNN.Health experts worry this surge of cases could indicate a tough winter ahead. They remind people to take precautions: wash hands, wear a mask, avoid crowds, and remain socially distant from others."They sound very simple, but people are not doing that and that's why we have an uptick in cases," Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Disease, told CBS News this week. He also shared earlier this week that his family will not be getting together for Thanksgiving to stay safe this winter. “Don't assume that because you're in your own home with your own family that you're not going to spread infection,” he said.There are more than 39.2 million positive cases of COVID-19 recorded around the world, according to Johns Hopkins. 1555
There were more than 35,600 requests from 28,200 public school teachers in every state on the crowdfunding website DonorsChoose.org — until now.The website that allows folks to seek donations to fund projects announced a company called Ripple, a global network that supports digital money transactions, donated million to fund every classroom project request on the crowdfunding platform.The gift represents the largest donation received by DonorsChoose.org in its 18-year history, according to a news release. "Ripple and its executives contributed the donation in XRP, which was converted to U.S. dollars and used to purchase the classroom materials," the release said."The Ripple team's donation provides the ultimate culmination of #BestSchoolDay, a campaign launched in March 2016 when 58 athletes, artists, entrepreneurs and philanthropists funded classroom requests in cities and states covering just under half of the country," the release said. "For a limited time, as teachers generate new classroom project requests on the site, DonorsChoose.org will offer donors the option of giving to the #BestSchoolDay Fund, which will be used to support projects from teachers creating their first requests on the site."DonorsChoose.org estimates that teachers will submit at least another 135,000 classroom project requests between now and the start of the next school year," the release states. 1434
TOKYO — Shinzo Abe, Japan’s longest-serving prime minister, says he will resign because a chronic illness has resurfaced. Concerns about Abe’s health began this summer and grew this month when he visited a Tokyo hospital two weeks in a row for unspecified health checkups. Abe has acknowledged having ulcerative colitis since he was a teenager and has said the condition was controlled with treatment. Abe, whose term ends in September 2021, is expected to stay on until a new party leader is elected and formally approved by the parliament.Abe's resignation will mark the end of his second term. He served as prime minister from September 2006 to September 2007 before resigning due to health problems. He assumed office for his second term in December 2012. 767
They say everything's bigger in Texas, and that apparently includes truck decals.A Texas sheriff on Wednesday suggested criminal charges are possible for the owner of a white truck that bears a profane message for President Donald Trump and his supporters, sparking a debate about the line between obscene words and freedom of speech."F*** TRUMP AND F*** YOU FOR VOTING FOR HIM" reads the decal in bold white letters. A hand with a middle finger extended sits in the middle of the decal.In a post on Facebook, Fort Bend County Sheriff Troy E. Nehls said he had received numerous calls about the offending sticker. The truck is often seen along FM 359, a state highway near Richmond, Nehls wrote.He asked for tips on the identity of the truck's owner and said he would "like to discuss it" with the owner."Our Prosecutor has informed us she would accept Disorderly Conduct charges regarding it, but I feel we could come to an agreement regarding a modification to it," Nehls wrote.The Facebook post was no longer visible Thursday morning after it was removed or the privacy settings changed.In the comments, Nehls also had posted the legal definition of disorderly conduct in Texas.A disorderly conduct charge targets a person who intentionally "uses abusive indecent, profane, or vulgar language in a public place" or "makes an offensive gesture or display in a public place" that "tends to incite an immediate breach of the peace." 1440
This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities.If you’ve ever wondered how your retirement savings stacks up against your peers, you’re in good company. The desire to know where you land in the sea of retirement savers is natural, and it can help either kick-start more progress or give you a feeling of satisfaction. But no matter how the numbers make you feel, they may not be the best measure of whether you personally are on track for retirement.What is the average retirement savings?The 2019 Survey of Consumer Finances shows that the average retirement savings for all families is 5,130. The median retirement savings for all families is ,000.Taken on their own, those numbers aren’t incredibly helpful. There are a variety of decent retirement savings benchmarks out there, but how much money other people have isn’t one of them. Even breaking the numbers down by age won’t give you a great picture of where your own finances should be. After all, age is just one factor in how much you should save for retirement — and not everyone who is the same age will retire at the same time.But retirement savings balances do tend to increase with age, as they should — the closer you are to retirement, the more you should have stashed away. (If you’ve been struggling to fund retirement accounts, our guide on how to save money will help.)How much each age has saved for retirementA little fine print upfront: Because averages can be heavily skewed by outliers — in other words, the savings over- and underachievers in each group — we’ve also included median balances. The median can often provide a more representative number than the average, and you’ll notice that the median numbers are quite a bit lower than the averages. (All data is from the 2019 Survey of Consumer Finances, unless otherwise noted.)It’s also worth noting that both figures include only those who have retirement holdings — there are many people of all ages who do not. In 2019, only about half of families owned any kind of retirement account.Under 35Average household retirement savings: ,170Median household retirement savings: ,000Let’s start with millennials; they’re used to being under the microscope. In 2019, 45% of families headed by someone under age 35 had retirement accounts — meant here to include IRAs, Keoghs and certain employer-sponsored accounts such as 401(k)s, 403(b)s and thrift savings accounts.Of the families in this age group who have retirement holdings, the average value of those holdings is ,170, and the median value is ,000. In other words, 3,352 and 1,444 pieces of avocado toast, respectively.If you’re not sure how much you should save for retirement, it’s best to get an idea for it sooner rather than later — you don’t want to be heading into retirement without enough saved.Ages 35 to 44Average household retirement savings: 1,950Median household retirement savings: ,000This age range encompasses the oldest millennials and the youngest of Generation X. More than half (56%) of households headed by someone of this age have retirement accounts, according to the data.The average and median values of this group’s retirement holdings are significantly higher than those of the under-35 set. These are strong earning years alongside peak spending years. Particularly for those who have kids, dollars may be stretched around paying for child care, saving for college and saving for retirement. If you’re looking to increase those retirement savings, an IRA can be a great way to do it.Ages 45 to 54Average household retirement savings: 4,720Median household retirement savings: 0,000This group is still part of Generation X, with the oldest members about a decade from what’s considered the standard retirement age. About 58% of households headed by someone this age have retirement holdings, according to the SCF.These can be peak earning years, especially for men, who see earnings growth until age 55, according to compensation research firm PayScale. The company’s research shows women top out over a decade earlier, at 44.Ages 55 to 64Average household retirement savings: 8,420Median household retirement savings: 4,000These are baby boomers, and the oldest among them are knocking on retirement’s door — just a couple of short years from Social Security’s definition of full retirement age. About 54.5% of households headed by a baby boomer have retirement holdings.Ages 65 to 74Average household retirement savings: 6,070Median household retirement savings: 4,000The bulk of these households include someone who is in retirement, or at least of retirement age. As a result, many are at the stage when they are probably spending, rather than accumulating, savings. According to the SCF, 48% of this age group have retirement accounts.After this point, average and median retirement account values begin to fall, as does the percentage of people who have retirement accounts. For households headed by someone age 75 or older, the median value of retirement holdings is ,000, with an average holding of 7,920.What do these numbers tell you?The headline here: Most people aren’t saving enough for retirement and are entering retirement with very little stashed away.“If you use these numbers as your guiding star, you’ll likely be in the same state as most of the country: unprepared for retirement.”That’s just one reason why the average retirement savings for someone your age isn’t a benchmark. If you use these numbers as your guiding star, you’ll likely be in the same state as most of the country: unprepared for retirement.How much you should have saved, and how much you should be saving, have nothing to do with where others your age stand. It has everything to do with your income, planned retirement spending, expected retirement age and life expectancy.If you want to find out how much you personally will need to retire, aretirement calculator can help. And if that calculator tells you you’re behind? An IRA is a good place to start catching up.More From NerdWalletSure, Stocks Are Fun. But ETFs Are SmartThe Upsides to Thinking About When You Will Die4 Tax Triggers New Investors Need to Know AboutAlana Benson is a writer at NerdWallet. Email: abenson@nerdwallet.com. 6422