Here’s how much money you should have saved at every age

When it comes to savings, Americans are falling short. In fact, about half of US families have zero retirement account savings. “Particularly the younger generation likes to think, ‘I’ll save more when I’m making more.’ But whether you’re making $50,000 a year or $200,000 a year, we all have challenges saving,” says Kimmie Greene, money expert at Intuit and spokeswoman for Mint.com. “Because oftentimes what happens is, when people make more,” she says, “they end up spending more.”


When it comes to savings, Americans are falling short. In fact, about half of US families have zero retirement account savings. “Particularly the younger generation likes to think, ‘I’ll save more when I’m making more.’ But whether you’re making $50,000 a year or $200,000 a year, we all have challenges saving,” says Kimmie Greene, money expert at Intuit and spokeswoman for Mint.com. “Because oftentimes what happens is, when people make more,” she says, “they end up spending more.”
Here’s how much money you should have saved at every age Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-02-22  Authors: kathleen elkins
Keywords: news, games, cnbc, companies, making, heres, spending, younger, savingsparticularly, savings, think, short, age, youre, spokeswoman, money, zero, saved


Here's how much money you should have saved at every age

When it comes to savings, Americans are falling short. Nearly 70% of adults have less than $1,000 in their savings accounts.

Retirement funds are looking equally bleak. In fact, about half of US families have zero retirement account savings.

“Particularly the younger generation likes to think, ‘I’ll save more when I’m making more.’ But whether you’re making $50,000 a year or $200,000 a year, we all have challenges saving,” says Kimmie Greene, money expert at Intuit and spokeswoman for Mint.com.

“Because oftentimes what happens is, when people make more,” she says, “they end up spending more.”


Company: cnbc, Activity: cnbc, Date: 2017-02-22  Authors: kathleen elkins
Keywords: news, games, cnbc, companies, making, heres, spending, younger, savingsparticularly, savings, think, short, age, youre, spokeswoman, money, zero, saved


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If you’re over 55, take this job and love it

Perhaps the best time to change up your career is when you’re near its end. Close to one in five individuals aged 65 and over continues to punch the clock every day, according to the Pew Research Center. Meanwhile, more than half of Americans ages 50 to 64 are working and not retired, according to data from the Associated Press-NORC Center for Public Affairs Research. Indeed, older employees may continue working because they need to strengthen their finances. But 9-to-5 doesn’t have to be a grin


Perhaps the best time to change up your career is when you’re near its end. Close to one in five individuals aged 65 and over continues to punch the clock every day, according to the Pew Research Center. Meanwhile, more than half of Americans ages 50 to 64 are working and not retired, according to data from the Associated Press-NORC Center for Public Affairs Research. Indeed, older employees may continue working because they need to strengthen their finances. But 9-to-5 doesn’t have to be a grin
If you’re over 55, take this job and love it Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-02-17  Authors: darla mercado, caiaimage agnieszka olek, getty images, -kerry hannon, author of, getting the job you want after for dummies
Keywords: news, games, cnbc, companies, center, work, love, things, youre, 55, 50, according, try, working, theres, job


If you’re over 55, take this job and love it

Perhaps the best time to change up your career is when you’re near its end.

Close to one in five individuals aged 65 and over continues to punch the clock every day, according to the Pew Research Center. Meanwhile, more than half of Americans ages 50 to 64 are working and not retired, according to data from the Associated Press-NORC Center for Public Affairs Research.

Indeed, older employees may continue working because they need to strengthen their finances.

But 9-to-5 doesn’t have to be a grind — if you plan for it, said Kerry Hannon, author of “Getting the Job You Want After 50 for Dummies.”

“If there’s a kind of work that you want to move toward when you retire,” she said, “it’s important to give yourself time to try things out, get the skills and do the job first to see if it’s something that will catch you on fire.”


Company: cnbc, Activity: cnbc, Date: 2017-02-17  Authors: darla mercado, caiaimage agnieszka olek, getty images, -kerry hannon, author of, getting the job you want after for dummies
Keywords: news, games, cnbc, companies, center, work, love, things, youre, 55, 50, according, try, working, theres, job


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Lawyers could be the next profession to be replaced by computers

Leib’s Chicago-based company offers eDiscovery, an AI platform that searches documents for information relevant to lawsuits and other litigation. Leib also pointed out that computers “don’t get tired, they don’t get hungry, they don’t sleep in.” The big international law firm Reed Smith recently put that question to the test with RAVN ACE, the AI platform from RAVN Systems. “We took a deal that we’d already done, which we’d done manually,” said Lucy Dillon, chief knowledge officer of Reed Smith.


Leib’s Chicago-based company offers eDiscovery, an AI platform that searches documents for information relevant to lawsuits and other litigation. Leib also pointed out that computers “don’t get tired, they don’t get hungry, they don’t sleep in.” The big international law firm Reed Smith recently put that question to the test with RAVN ACE, the AI platform from RAVN Systems. “We took a deal that we’d already done, which we’d done manually,” said Lucy Dillon, chief knowledge officer of Reed Smith.
Lawyers could be the next profession to be replaced by computers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-02-17  Authors: dan mangan, fabrice coffrini, afp, getty images
Keywords: news, cnbc, companies, platform, ravn, lawyers, computers, reed, review, looking, dont, profession, replaced, ai, things, human, smith


Lawyers could be the next profession to be replaced by computers

One question raised by the introduction of AI legal platforms is how well they do their jobs compared to a flesh-and-blood lawyer, who has years of experience under her belt.

Will the machine miss things that a good lawyer with a lot of experience would otherwise catch? Proponents don’t think so.

“That’s an argument that been refuted quite a bit,” said Jay Leib, founder and managing member of NexLP. Leib’s Chicago-based company offers eDiscovery, an AI platform that searches documents for information relevant to lawsuits and other litigation.

“Can you miss anything? Sure,” Leib said of AI legal tools.

“But since 1985, we’ve known that human beings are not very good at keyword searches,” he said. “There’s this fallacy that human beings looking at documents is the gold standard. Not true. They’re missing things.”

He also said the explosion in the amount of electronic data generated today makes it hard for human workers to keep up.

“There’s just so much more data now that you need these technologies to boil the ocean for you” and find relevant material, Leib said.

Leib said NexLP is “not just looking at the text” of a document or email. “It’s looking at the tone of the conversation, who sent it,” to see if the item should be flagged for review in litigation, he said.

Leib also pointed out that computers “don’t get tired, they don’t get hungry, they don’t sleep in.”

“All of the things that are biological problems that can happen to a human being can’t happen to computers.”

The big international law firm Reed Smith recently put that question to the test with RAVN ACE, the AI platform from RAVN Systems. Reed Smith had RAVN conduct a review of hundreds of pages of documents.

“We took a deal that we’d already done, which we’d done manually,” said Lucy Dillon, chief knowledge officer of Reed Smith. “And we put it through the RAVN system to see how it compared. And it compared very favorably.”

Dillon said the RAVN platform “didn’t always get it right” when asked to identify and pull out certain items in contracts. But lawyers were able to add information to their queries and improve their results.

Plus, the platform “picked up some things that we had missed” when humans did their first review of the documents, she said. “The system had high levels of accuracy. And it was a great tool to use.”

And the RAVN was faster than its human counterparts. Much faster.

“We’re talking minutes versus days,” Dillon said.


Company: cnbc, Activity: cnbc, Date: 2017-02-17  Authors: dan mangan, fabrice coffrini, afp, getty images
Keywords: news, cnbc, companies, platform, ravn, lawyers, computers, reed, review, looking, dont, profession, replaced, ai, things, human, smith


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Trump travel ban leads Iranian tech exec to seek growth elsewhere

Amin Shokrollahi was supposed to be in Silicon Valley last week to accept an award at a prominent semiconductor conference called DesignCon. President Donald Trump’s travel ban targeting citizens of seven majority-Muslim countries forced Shokrollahi, a native Iranian who left for Germany when he was 16, to stay behind in Switzerland, home to his tech start-up Kandou Bus. A federal judge in Seattle on Friday granted a nationwide temporary restraining order against Trump’s action, which would be w


Amin Shokrollahi was supposed to be in Silicon Valley last week to accept an award at a prominent semiconductor conference called DesignCon. President Donald Trump’s travel ban targeting citizens of seven majority-Muslim countries forced Shokrollahi, a native Iranian who left for Germany when he was 16, to stay behind in Switzerland, home to his tech start-up Kandou Bus. A federal judge in Seattle on Friday granted a nationwide temporary restraining order against Trump’s action, which would be w
Trump travel ban leads Iranian tech exec to seek growth elsewhere Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-02-04  Authors: ari levy, victoria jones, pa images, getty images, timothy a clary, afp, atta kenare, -amin shokrollahi, kandou bus ceo
Keywords: news, games, cnbc, companies, ban, tech, seek, growth, week, trump, iranian, restraining, travel, shokrollahi, order, welcomingon, switzerland, leads, business, stay, trumps, exec


Trump travel ban leads Iranian tech exec to seek growth elsewhere

Amin Shokrollahi was supposed to be in Silicon Valley last week to accept an award at a prominent semiconductor conference called DesignCon.

He never made it.

President Donald Trump’s travel ban targeting citizens of seven majority-Muslim countries forced Shokrollahi, a native Iranian who left for Germany when he was 16, to stay behind in Switzerland, home to his tech start-up Kandou Bus.

A federal judge in Seattle on Friday granted a nationwide temporary restraining order against Trump’s action, which would be welcome news for Shokrollahi and others if made permanent. An appeals court upheld the restraining order on Thursday. However, Trump has vowed to overturn the judge’s stay, meaning the rules could change on short notice.

Regardless of the outcome, Shokrollahi is now rethinking his entire business plan, which had included hiring 80 to 100 engineers and designers in the U.S. Instead, that expansion is now likely to occur in Europe or Asia, places where Shokrollahi can easily travel and where the environment is more welcoming.

On top of that, Shokrollahi’s visa just expired and he’s been waiting six weeks for a new one. That’s clearly not a priority for the new administration.

“I have to be pragmatic about my business and see where to grow it,” said Shokrollahi, in a telephone interview this week from Lausanne, Switzerland. “I feel that the U.S. is just not a stable country. I can’t really make long-term plans there.”


Company: cnbc, Activity: cnbc, Date: 2017-02-04  Authors: ari levy, victoria jones, pa images, getty images, timothy a clary, afp, atta kenare, -amin shokrollahi, kandou bus ceo
Keywords: news, games, cnbc, companies, ban, tech, seek, growth, week, trump, iranian, restraining, travel, shokrollahi, order, welcomingon, switzerland, leads, business, stay, trumps, exec


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