• Yahoo Finance

    Stock market today: Nasdaq, S&P 500, Dow embrace 'Santa Claus' rally ahead of Christmas break

    US stocks looked set for a mostly muted open to a final, shortened trading session before the Christmas holiday,

  • Yahoo Finance Video

    How to plan for long-term care

    Planning for retirement also means preparing for potentially huge expenses. Many elderly Americans may require paid care. So how do you balance your retirement savings with saving for long term care for you and your loved ones? Robert "Bob" Powell sits down with Sharon Carson, J.P. Morgan Asset Management Retirement Insights Strategist, and Surya Kolluri, Head of the TIAA Institute, to discuss everything there is to know about long-term care. How do you plan for needing to pay for paid care on top of your retirement savings? Kolluri and Carson offer insights on the different options Americans have when considering using caregivers for themselves and family members in this week's episode of Decoding Retirement. The truth about long-term care (:57) According to the Treasury Department, 50% of Americans will require long-term care. "The longer you live, the more the chance you're going to need it." Balancing the cost of long-term care (5:50) The reality of planning for long-term care is that there are many different factors that can impact your savings plan. "What if all of the assets are spent down on my Dad's care...is there going to be anything left for me if I need care?" Avoiding caregiving crises (20:40) Many things can go wrong when planning for using paid care. So how do you avoid the worst-case scenarios? "If you have a plan in place, you can put out the fire quicker." Video highlights: :35 - The truth about long-term care 2:00 - How to use paid care 5:45 - Balancing the cost of long-term care 8:00 -Continuing care retirement community 13:22 - Uncompensated caregivers 16:30 - How to avoid caregiving crises 20:30 - Younger generation's view on retirement Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead, and take action now! Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Austin Rivera. Find more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Editor's note: This post was written by Austin Rivera.

  • Canadian Press Videos

    'Queen of the shore' finds community after 30 years

    Betty Birrell has been mountain biking on Vancouver's North Shore since about 1993, when she says it was an anomaly to see another woman on the trails. She's still tackling some of the toughest terrain, but after years of mostly riding alone, Birrell has recently found community in women's riding groups. (Dec. 24, 2024)