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How to tell if you’re on the right track towards retirement

(TECH NEWS) Examining the tradeoffs, time horizons, and costs of each of your financial goals; and learning about the types of investments that may help you achieve your goals.

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Retirement is inevitable.  When the big day comes will you be ready? The idea is to be able to retire and have enough savings to balance out your pension in such a way as to afford you a comfortable standard of living. The earlier you start the better off you’ll be, but the important thing is that you start.

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Fidelity Investments offers a brilliantly simple retirement calculator that, after you to plug in your age and few other number, gives you a quick overview of where you financially and where you need to be in order to retirement without living the risk of living n a cardboard box on a cold wintery day.

Clear the way

Fidelity points out a simple savings strategy: “Spend less than you earn.” In other words, says Fidelity professionals, “Having a budget puts you in control, so you can enjoy your money, instead of worrying about the bills.”

Other sage advice includes taking advantage of matching contributions, pay off high interest rate credit card debt, establish an emergency fund that will last at least three months and finally fund an IRA.

It’s not rocket science. But apparently if planning for your retirement was this easy, everybody would be doing it. The missing ingredient here is DISCIPLINE. And no one, not Fidelity, not your parents or best friend can ingrain that quality in you.

You need to have the fortitude to spend less, save more and do it consistently.

A few words about building wealth

The Fidelity Retirement Tracker can put you on the fast track to a common sense blue print for planning for your retirement. According to Fidelity.com, once you’re in a position to save for other important priorities in addition to retirement, consider the following:

– Identify and prioritize your short- and long-term savings goals (i.e., buying a car or home renovations vs. saving for college or a second home).

– Examining the tradeoffs, time horizons, and costs of each of your financial goals; and learning about the types of investments that may help you achieve your goals.

– And finally ensure you don’t lose sight of your retirement savings goals.

Your future is one thing you CAN control. Don’t save for a rainy day, save for a sunny retirement!

#Retirement

Nearly three decades living and working all over the world as a radio and television broadcast journalist in the United States Air Force, Staff Writer, Gary Picariello is now retired from the military and is focused on his writing career.

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Real Estate Technology

Are Millennials going to buy into 3D printed hotels?

(REAL ESTATE TECHNOLOGY) 3D printed anything became a giant attention getter a couple years ago, but could the biggest winners be odd tourist attractions?

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3D printed star

If you were ever wondering what the next marketing to the millennials ploy would be, well wonder no more! It’s 3D printed hotels.

Habitas is the company that “…is a global hospitality group created by a diverse community of people seeking human connection, authentic experiences, and a better future. We measure success not by the number of stars given, but the number of smiles received, hearts warmed, minds opened, and friends made.

If that isn’t trying to appeal to the millennial crowd with buzz phrases then I don’t know what is. Even their descriptions of the “experiences” they offer are filled with buzz word salad. I’ll get to those later

I’m all for 3D printed products, if there is a cheaper, more flexible, creative way to produce things you need, then do it! I can count dozens of times I would love to just print out some tool I don’t want to go buy or some lego piece I swear was just in my hand.

3D printed homes are an amazing feat, because of their low cost, and quick build times. This technology could help millions buy a home with all the features they want for less than the price of a car.

It only makes sense that hotel chains, or new hotel companies would want to join in this revolutionary tech. A company could build a hotel cheaper, quicker, and more remotely. Habitas is pushing hard on this last point.

Habitas has 3D printed hotels in Africa, 2 in Mexico with one on the way, and in Bhutan. These places were chosen to bring customers out of their normal habitat into places unknown, just like their statement claims.

Their “rooms” look pretty sparse and open, literally open. Many don’t seem to have walls or windows, so they look like glorified tents, but again without walls. That would put me firmly outside my comfort zone, which might be the point.

Habitas open room

The $200-$400/night price on the other hand has me really wondering what the company is thinking. I assume the cost is because they offer a dive into the deep end of culture, but I see a company who wants to profit from the fyre festival crowd.

Their locations are some of the hottest places on earth, and there is not an AC to be seen in their “rooms”. But hey maybe not everyone wants to be comfortable when they sleep.

The rooms aren’t everything with this kind of company, they also have amazing “experiences” to offer. Things like a 3 day Reintegration which sounds amazing.

If perception is reality, we are masters of design. Our lives are our greatest masterpiece. With fervent desire and child-like wonder, we bring fantasies to life, creating realities far better than our dreams. Together, we share these worlds with one another, traversing borders in search of adventure. When we open our eyes, under starlit skies and dancing candlelight, we are home.

We welcome you to Reintegration, our immersive three-day wellness gathering at our home in Tulum. Through breath work and yoga, we’ll reconnect to the creator in all of us. Tantalizing concerts, exotic ingredients and local escapes await us. This is an open call to discover ourselves both in conversation and silence, travel and stillness.

Only when we return to the source of our power can we embrace what lies ahead.”

What? Yoga, food, and music. Ok, well sure that sounds good I guess. How much for that light experience?

“Starting from $2,015”

My wallet just died, so did my bank account, and I can’t eat this week. I’ve been on a week long cruise with all food included, and went to multiple beaches in different countries for half that.

I’m a realist, and that first paragraph in the description is nonsense. Just because we can perceive doesn’t necessitate that we can create. This Reintegration doesn’t walk you through creating anything, it’s yoga and eating. So how can you share something you haven’t created with someone else who also hasn’t created anything? I don’t know about anyone else but creativity is not the source of my power, mine is stress.

This description stressed me out enough to write this story, so I guess it’s working. At least I didn’t pay $2,000 for the pleasure though.

Regardless of the wording, the cost, and the no walls (I’m comfortable in my box), this may be a great experience for those who can afford it, and are looking for vague spiritual guidance. Plus the rooms do look aesthetically pleasing regardless of missing amenities

But for the vast majority of millennials who I know can’t afford this, and recognize this kind of pandering to pry food money out of our pockets, we don’t need this.

We need the 3D printing technology to focus on houses that we can afford. So please 3D print something more than a roof to do yoga under.

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Real Estate Technology

Google Maps’ new default route will prioritize green over speed

(REAL ESTATE TECH NEWS) Sorry commuters, but Google Maps will be updating their routes’ priority from ‘fastest’ to ‘greenest’ route within the next year.

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Google Maps ready to plot a new route inside of a car.

Google is making it easier for you to offset your carbon footprint. The Google Maps app will soon default to the greenest route instead of the fastest one.

To find the most environmentally friendly route, Google is taking insights from the U.S. Department of Energy’s National Renewable Energy Lab. Its navigation algorithm will consider factors like slopes, inclines, road type, and traffic congestion to find the most eco-friendly route.

For those in a rush, this might be a cause for worry, but there is no need for that. You have the option to adjust your preference settings to turn this feature off. Also, the app will default to the greenest route only when the estimated travel time of the fastest route is about the same. If the most fuel-efficient route is longer, Google Maps will give you other options to compare ETAs and carbon emissions.

“What we are seeing is for around half of routes, we are able to find an option more eco-friendly with minimal or no time-cost trade-off,” Russell Dicker, a director of product at Google said.

The feature is set to launch on Android and iOS in the U.S. later this year and will expand to other countries.

Also, Google is supporting cities that have established low emission zones by alerting a driver when they will be passing through a low emission zone that restricts some vehicles from passing through them. These warnings will inform users if their car is allowed in that area so they can choose another form of transportation or select a new route if they need to. In June, these low emission zone alerts will launch in Germany, the Netherlands, France, Spain, and the UK.

In addition, Google Maps is making it easier to compare different routes and modes of transportation with a “comprehensive view”. Instead of switching between tabs to view different destination times, you’ll be able to compare car, cycling, public transportation, etc. all in one place.

Google’s new eco-friendly navigation option, along with the other Google Maps app updates, is part of the company’s commitment to reduce and help its users reduce their environmental footprint. Since 2007, the tech giant has been carbon neutral, and it plans on being carbon-free by 2030. With these changes, the company seems to be making strides in the right direction to get there.

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Real Estate Technology

How fake images are infiltrating suburban geography

(REAL ESTATE TECH NEWS) The rise in quality of deepfakes has even lead to the development of fake images in geography and housing. Here’s what to look out for.

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A digital map open on a computer, where one has to be wary of fake images.

With the onset of the computer age, we have seen a great deal of false information spreading around the world. From photoshopped images to presidents broadcasting fake information, there is a lot to be wary of. The internet is rife with data that truly needs to be verified at any given turn. The dangerous part is not only what people can do with that information, but also how they can hide things with it.

Satellite imagery has been on the rise for a few decades. An image that is already grainy and hard to see would be child’s play to alter. Maybe even to create from scratch. Tagging GPS coordinates are a simple alteration inside of photoshop too. Fakes, upon fakes, upon fakes.

In 2019, the US military warned about the possibility of fake geographical information being perpetuated across the internet. It then actually came true to the embarrassment of the Chinese government. Satellite “evidence” was used to report detention camps hidden away in the countries. The “camps” turned out to be re-education facilities for China’s mentally deviant populace. However, that’s another rabbit hole to run down. The point here is that the images that were released in 2015 showed absolutely no facility and then pictures in 2018 showed a massive facility.

An assistant professor, Bo Zhao, with the University of Washington decided to illustrate this again with a study. His opinion was “the first step to tackling these issues is to make people aware there’s a problem in the first place”. He and his colleagues published a paper on “deep fake geography”. They conducted experiments in generating and detecting imagery for suburban homes, which clearly demonstrated the affect of this technology on our economy. They were able to easily convert the shape and layout of a neighborhood in their images.

From this work we have a few new terms to be aware of. Threats of “paper towns” and “trap streets” are two of the new resounding terms. These new ideas can lead to a modicum of potential issues. The team actually created a software that has the ability to create these fake images. They did the work themselves, leading one to believe that the basic knowledge is there for anyone with a little know-how.

The moral of the story is, don’t trust anything from the internet. It’s all an opinion coming from some other flawed human being, and you don’t ever really know why people are putting that information out there. Always know and check your sources.

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