Here is SMI's Money Roundup for this last weekend of Spring (Summer starts on June 21). We hope you find these articles interesting and helpful.
The week in charts (Charlie Billelo, Billelo Blog). The mania phase: One semiconductor ETF went from an early April launch to $15 billion in assets by the end of May.
Gen Z can't get enough of Roth IRAs (Wall Street Journal). Three-quarters of people age 35 and under chose Roths, according to Fidelity.
Ranked: The world's biggest reserve currencies today (Visual Capitalist). "Despite years of de-dollarization efforts, the U.S. dollar remains by far the world’s most important reserve currency."
This Medicare cost can be a stealth budget buster. How retirees can prepare. (Barron's). Over time, premiums for "Medigap" policies can get quite expensive.
Social Security retirement trust fund may be depleted in 2032, new trustees report finds (CNBC). The slow-moving train wreck gets ever closer.
A 5-point checklist for managing your aging parents' money (New York Times via archive.today). Wise advice: "Lead with love, not logistics."
New bill proposes $1 million capital gains tax exclusion for those over age 65 (Kiplinger). To qualify, seasoned citizens would need to have owned their home for at least 25 years.
Why are Christians so gullible? (Warren Smith, MinistryWatch). Never be afraid to ask hard questions. Truly honest people (and ministries) will welcome them.
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