A strong earthquake hits Myanmar, causing household items to sway in Bangkok, Thailand. Crowds gather in the streets as tremors shake the area, with the epicenter located near Mandalay, Myanmar’s second-largest city. Despite the lack of immediate information on damage, the Myanmar Fire Services Department has begun search efforts in Yangon to check for casualties and assess the extent of the destruction.
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Americans are more scared of going broke in retirement than they are of death, study finds
According to a study by Allianz Life, 64% of Americans aged 25 and older are more fearful of running out of money in retirement than dying, driven by inflation, taxes, and concerns about Social Security benefits. The study highlights that Gen Xers, facing imminent retirement, are the most worried, with 70% expressing concern, while the average American believes they need $1.26 million for a comfortable retirement, significantly higher than the median retirement savings of $87,000....
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