The survey highlighted variations in generational perceptions of required retirement wealth. Gen Z and millennials anticipated needing over $1.6 million, followed closely by Gen X. Baby boomers, closest to retirement, set the lowest bar at $990,000, possibly due to familiarity with spending habits and realistic expectations. This generational disparity aligns with Larry Fink's call to reform the US retirement system, noting the shift from defined benefits to defined contributions has introduced income uncertainty in retirement planning.
Episode 294: Neal and Toby talk about Bob Iger’s successful defense from a Nelson Peltz takeover and the conclusion of the Disney proxy battle. Then, egg prices are coming back up as America’s largest egg producer has an unfortunate discovery of bird flu in its stock. Next, Amazon is taking a step back in its Grab n’ Go concept since it’s yielding little return. Also, Neal goes through his favorite numbers from the week. Meanwhile, NYC congestion pricing is happening…and it might not just be for cars. Lastly, monkeys are running amok in this Thai city that’s halting its businesses
00:00 - Intro
02:40 - Disney wins board battle
07:00 - Egg Prices and bird flu
09:43 - Amazon check out
14:00 - Neal’s Numbers
20:00 - NYC Marathon vs MTA
23:00 - Monkeys in Thailand
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