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Retirement Apps for Millennials to Hit Financial Goals

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It’s important to start thinking about your retirement in advance when you still have enough time to plan and define your lifetime goals and what you should do to achieve those goals.

 

According to a research by the Insured Retirement Institute, over 76% of millennials aren’t confident they have saved enough for retirement.

 

More than that, the Retirement Confidence Survey made in 2016 showed that 26% of respondents have saved less than $1,000 for retirement.

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Of course, retirement planning includes more than just the financial part, but other factors depend on the income that will be available for you during retirement. The more research you do now, the more prepared you will be to make wise decisions.

 

In this article, we will talk about the top retirement apps for baby boomers to hit their financial goals and help with their retirement planning.

 

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AARP Retirement Calculator

 

This is a free online app which was developed for people who have a steady income and want to plan for retirement. While emergency loans are often used as urgent help with unforeseen expenses, it is obvious that planning your future is essential in order to minimize those expenses.

 

This is one of the best retirement apps that can be used by married couples, domestic partners, or single people. You need to fill in some personal details, such as your age, marital status, income, retirement savings account, lifestyle, and Social Security. Then, the app will show what you can improve to be on track for retirement.

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The AARP Retirement Calculator gives free basic information on how much you need to save in order to retire now and when you want. For instance, if the app demonstrates you don’t have enough money to fund your retirement, it will offer different options. You may be suggested to alter your lifestyle, increase your savings, work full-time or work longer at your present job.

 

Acorns

 

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This retirement planning app was founded in 2014 by Walter Cruttenden who was the CEO of investment banking company Roth Capital.

 

The minimum deposit is free of charge and you only need to pay $5 in order to start investing in your future. If you have less than $5,000 on your retirement savings account, you will have to pay $1 monthly fee.

 

Acorns is a useful app which is set to automatically withdraw the money from your checking account and add it to your retirement savings account. In addition, the user may take advantage of micro deposit option, which is called a round-up. It means that if you purchase a coke for $1,50, the app will withdraw the remaining 50 cents in charge from $2 from your checking account and invest it in your retirement Acorns account.

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RetirePlan

 

This is another helpful app for iPhones and iPads. If you are wondering when and how you will be able to retire, this online calculator will give you the answers.

 

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The user needs to input certain details such as age, current retirement savings, life expectancy, Social Security, medium yearly savings, and yearly retirement income they want to have. If your values change, it won’t be a problem as the app shows the results in slides. Once you change any of the above-mentioned values, you will be shown various outcomes.

 

The users are free to add a pension, remove or add Social Security, include a spouse and even add big upcoming expenses. The outcome will be shown on a spreadsheet which can be sent on your email.

 

Do your homework and find the most suitable retirement planning app for your financial goals. Take advantage of modern technology and live out your golden years in comfort.

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Advocacy

Being A Technology Blogger in Cebu | Best Cebu Blog Awards 2019

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BCBA2019 SocMedCover 1

Technology blogs are definitely not new, before, most of the latest technology updates came from blogs (websites) even before Facebook (Social Media Networks) come into the picture. But still many rely on technology blogs, why? Because it is comprehensive and more detailed rather than a single post in the feed.  One my 1st few articles in my blog is technology related which started out as a hobby then later on became a passion of mine where I got to meet different people with common interest (Blogging and Technology) .

BCBA2019 SocMedCover 1

BCBA2019 SocMedCover 1

I have been blogging for more than 10 years (appsgadget.com is 9 Years 10 Month 5 Days old as of this writing ) 😀 I have seen how the technology evolves and revolves around us and how it enabled us to connect and communicate with each other as well a create a community of bloggers with common interest which inspires me to continue on blogging technology despite the odds.

Being a Technology Blogger in Cebu and being nominated again for the BCBA 2019 is a huge honor for me especially this is my 3rd nomination, knowing that there are only few technology bloggers here in Cebu which is quite a challenge for us Cebu based tech bloggers since many of the popular and established technology bloggers are Manila Based and most of the technology product launches and events are held there. Not to mention that I have a day time job and a family which makes it more worth it.

Despite of that, there are still technology companies that reached to us bloggers here in Cebu which I sincerely appreciate personally, to name a few, RealMe, ASUS, Moto, Globe Telecom, PayMaya, GCash, MSIECS and many more (sorry if I forgot to mention you here ) and also to PR companies/partners that directly contacted me for events and updates).

What makes me to continue to blog about the technology is not all about the material things you received like Gadgets, gifts and stuffs for all you know for technology, there will always be a new gadget and it will always be replaced by another so just chill if you don’t have the latest tech product .The important thing is It is how I consistently share technology news and reviews that affect the lives of people or even improve them by helping them make the right choices when they purchase or use a certain technology product. For me, saving that person a certain (monetary) amount and time from viewing my blog is already a great satisfaction

Congratulations to BCBA team for making this happen, more power!

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Employers Should Perform a Social Media Screening

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fama and social media

Social media reveals a great deal about people. Employers should treat a potential new hire’s social media site as if it were an online magazine. Read all the words and review all the images in great detail. Doing so may eliminate a host of unwanted surprises. The information is right there. Why not access it?

fama and social media

When seeking to hire a new employee, social networks also act as supplemental resumes. Information about the person’s work history and educational background might be present in a highly detailed manner. Human resource personnel indeed gain insights into the person’s temperament from gleaning the page. Who does this person interact with, and how are the interactions carried out? The answer is right there for all to see. A social media check delivers the answer.

 

What about the groups and pages the jobseeker maintains affiliations? Do they say anything about the person? Don’t think of this as a search for dirt on someone. Sometimes, reviewing a social media page tells a lot of good things about an individual. Interactions on hobby-related group sites may show the person likes to answer questions and help fellow hobbyists out.

 

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Of course, managers can also avoid hiring the proverbial lemon by reviewing social media commentary. Consider this a vital part of the screening process. Learning as much as possible about someone before making a hiring decision reflects prudent sense. A troubling employee can cause all manner of chaos in the office. Bringing down morale among the other employees might be the least concerning issue. A terrible employee can drag a company into severe legal jeopardy.

 

The sheer volume of costs adding up during a civil suit could prove disastrous to a company’s bottom line. Even if a settlement or a significant judgment doesn’t fall like a hammer, legal fees do mount up. Paying the fees hampers the financial strength of even a healthy business. Imagine what such fees could do to a business barely turning a profit each year.

 

Granted, not every company has the means nor the experience to handle online background screening. FAMA provides social media screening and other similar services. A service that employs experienced screening professional takes burdens off the shoulders of a hiring business. And those burdens can linger.

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Past actions usually beget future actions. An employee who causes problems on social media before hiring probably won’t curtail his/her behavior after coming on board. The social media foibles could drag an employer into a mess. Managers already deal with many things on their plate. Dealing with a “loose cannon” employee who causes social media drama adds more hassles. Hassles create costs.

 

Costs don’t always refer to financial losses. Opportunity costs factor into the mix. When managers and other personnel find themselves dragged away to deal with an employee’s catastrophic behavior, they aren’t attending to their primary job duties. The company then suffers.

 

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Cut down on the chances of dealing with so many disasters. Perform social media screening steps to unearth any surprises. Better yet, outsource the work to experienced professionals possessing the necessary skills.

 

 

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DepEd Partnership Experience at EdTechXAsia Singapore Exemplifies Learning Global Filipino Schools Program

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Globe Citizenship Manager Miguel Bermundo and DepEd Regional Director for Central Visayas Dr. Juliet Jeruta, represent the Philippines at EdTechXAsia Singapore

EdTechXAsia Singapore

Globe Telecom and the Department of Education (DepEd) underscored the importance of public-private partnerships for public schools and how this efficiently drives the integration of information and communication technologies in the Philippine education system.

Globe and DepEd were among the speakers at the recently-concluded EdTechXAsia in Singapore with the theme  “21st Century Education and 21st Century Skills.”

In their presentation entitled “Public and Private Sector Collaborations in the Philippines,” the Globe-DepEd team detailed cases of successful and sustainable 21st century learning collaborations across the country which enhanced educational growth through various tools and techniques that use the digital learning platform.

Leading these collaborations is the Global Filipino School Program (GFS), Globe Telecom’s flagship program for public school education being implemented together with DepEd.  This long term partnership seeks to bridge the educational gap through the adoption and application of technology in public schools as well as promote it as a tool for learning in classrooms.

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“Education and technology help us explore endless possibilities and bridge new discoveries,” said Dr. Juliet Jeruta, regional director of the Department Of Education regional office of Central Visayas. “It helps us draw the best from everyone.”

Miguel Bermundo, Manager of Globe Citizenship said:  “It is through partnerships like these that we can jointly make the most impact in increasing the quality of education in public schools.  For its part, Globe continues to commit itself to intensifying ICT education in the country to help transform the lives of  our youth by providing environments that enable learning through technology and allowing them to keep pace globally.”

The GFS Program offers a complete ICT package. It provides a collaborative learning space in a public schools that optimizes the use of ICT in schools. These hubs are equipped with mobile devices for learning such as tablets, virtual reality goggles and projectors as well as free internet connectivity to give teachers and students access to the program’s online learning solutions, including the GFS online library.

With the help of DepEd, the program also converts every GFS-equipped school into the city’s or province’s training hub, thereby creating an avenue for teachers in the area as well as neighboring provinces, to undergo trainings and workshops. The program is especially beneficial to teachers to help them optimize and integrate technology in everyday learning.

In a 2015 study by Taylor Nelson Sofres, results showed that the GFS program successfully improved digital skills among teachers and students, particularly in the usage of mobile technology and computer software. Likewise, there was an increase in student engagement in classroom activities as well as an enhanced school culture readiness in ICT integration.

The program started with one pilot school in Bohol in Region 7 which is known to be a strong advocate of ICT integration in the classroom and for applying 21st century learning techniques in the public school setting.  

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At present, 142 schools from 16 out of 18 regions nationwide are already implementing the program, with a goal of having at least one GFS in all DepEd divisions by 2020.

 

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