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Wednesday, July 29, 2020

The Daily Money: 4 crucial expenses to consider for retirement planning

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usatoday.com

The Daily Money
 
Wednesday, July 29

Hump Day has arrived, Daily Money readers. It's Brett Molina here to deliver your Wednesday headlines in Money and Tech.

As much as you'd love to spend all your time and money during retirement golfing or taking big vacations (at least once this pandemic ends), you'll need to save some funds for important expenses. That's why you need a plan to cover spending in these four crucial areas.

On Thursday, we get a real glimpse at how badly the coronavirus pandemic has impacted the U.S. economy. A report on the gross domestic product, which represents all goods and services produced in the country, is projected to show a 35% annualized drop.

Finally, it's a big day for the CEOs of Alphabet, Amazon, Apple and Facebook. The four executives testify before Congress today.

Need more Money and Tech news? Keep scrolling.

Brett Molina, Money/Tech editor

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