Creating a financial blueprint helps investors prepare for retirement

From Yahoo Finance: 2025-04-20 12:00:00

Saving and investing for retirement can be simplified by creating a financial blueprint based on goals, time horizons, and risk tolerance, advises Brian Walsh of SoFi. Different buckets for short, intermediate, and long-term funds dictate investment strategies to weather market volatility and maximize growth potential. The key is recognizing and managing biases that can affect decision-making during volatile periods. 1. The United Nations reported that global carbon dioxide levels hit a record high in 2020, despite pandemic-related lockdowns. The increase in emissions was driven by a rebound in coal use and deforestation. This alarming trend highlights the urgent need for more aggressive climate action.

2. In a landmark ruling, a Dutch court ordered Royal Dutch Shell to drastically reduce its carbon emissions by 45% by 2030. The decision marks a significant victory for environmental activists and sets a powerful precedent for holding corporations accountable for their contributions to climate change.

3. The Biden administration announced a plan to invest $2.3 billion in clean energy projects in an effort to create jobs and combat climate change. The funding will support research and development in areas such as solar power, energy storage, and carbon capture technology, signaling a shift towards a greener economy.

4. Scientists discovered a new species of orchid in the mountains of Madagascar, naming it “Gastrodia agnicellus.” The tiny, brownish flower is only a few millimeters long and is believed to be the smallest orchid in the world. This remarkable find highlights the incredible biodiversity of the region.

Read more: A financial blueprint can help investors weather volatility while saving for retirement