NEW YORK, September 28, 2023 (Newswire.com) - How much money is needed to retire comfortably? That is a very good question. It is also one for which there is no easy answer. The good news is resources like the free Yieldstreet retirement calculator can help find an answer that best fits each person’s circumstance, as well as the lifestyle they want to enjoy in retirement. 

How Much Money Will Be Needed?

A basic rule of thumb for making this determination is guided by what is known as the 25x rule. Essentially, it states that in order to live without generating new income, a person will need to have accrued 25 times the amount of money they anticipate needing in retirement. 

To arrive at this figure, one first multiplies their current monthly budget by 12 to define their annual budget. Multiplying the product of that calculation by 25 returns the amount needed—assuming all expenses remain constant. 

At What Age Is Retirement Feasible?

The key is to calculate the total amount of time required to accrue the sum indicated by the application of the 25x rule. Subtracting the amount of savings currently on hand from the 25x result will indicate the additional amount needed. 

Applying a compound interest calculator to that figure, assuming an annual growth rate of 6%, will indicate the amount by which the current savings will have grown at a given age. 

Subtracting that number from the result of the 25x rule calculation—then dividing the difference by an estimated savings amount—will return the number of years required to reach the established monetary goal for each age chosen. 

What is the Optimal Withdrawal Amount?

People who have considerable experience in these matters recommend adherence to the 4% rule. This calls for withdrawing 4% of retirement savings the first year, then repeating the process each following year, with an adjustment for rate of inflation. 

Assuming a 6% average rate of return on investments with a 50/50 mix of stocks and bonds, withdrawals in these amounts can be sustainable for approximately 30 years. 

This assumes the underlying portfolio remains invested during retirement—and the market returns historical averages. To counter the implied risk, alternative investments have the potential to make portfolios less sensitive to public market short-term swings. 

Alternative Investments and Portfolio Diversification

Real estate, private equity, venture capital, digital assets, precious metals and collectibles are among the asset classes deemed alternative investments. These asset classes were traditionally accessible only to accredited investors and institutions buying in at very high minimums. However, Yieldstreet has opened a number of carefully curated alternative investment strategies to all investors.

Learn more about the ways Yieldstreet can help diversify and grow portfolios.

In Summary

These three calculations can help you plan for retirement. However, there are other elements to consider. These include factors such as taxes, inflation and required minimum distributions. The free Yieldstreet Retirement calculator also takes those into consideration to help arrive at a more accurate estimate. 

SADDLE BROOK, N.J., September 27, 2023 (Newswire.com) - Nutrition21 LLC (“Nutrition21”) an Everwell Health Company, and a leader in clinically-studied branded ingredients, announced today the launch of its nootropic ingredient nooLVL® into the cognitive health space. The unique patented complex of nooLVL is non-stimulant and provides multiple cognitive benefits, including focus, concentration, improved memory, and energy.

The results of nooLVL in two double-blind, placebo-controlled clinical studies^(1,2) conducted with healthy adults in the United States demonstrated:

• Improved cognitive function even under high mental and cognitive demands 
• Improvements in visual attention and information processing 
• Enhanced accuracy 
• Fast action – working in just 15 minutes, as a non-stimulant to enhance energy 

The Bonded Arginine Silicate in nooLVL is a highly bioavailable, long-lasting form of arginine that increases nitric oxide production and blood flow. The increase in nitric oxide supports the delivery of oxygen and essential nutrients to the brain. This method of action delivers focus you can feel without the potential downsides commonly associated with other cognitive health ingredients or stimulants.

With a neutral taste profile, nooLVL is ideal for powders and stick packs and can be formulated into foods and beverages. The R&D Team at Nutrition21 also offers added value by assisting customers with formulation expertise to help fast-track product development projects.

The cognitive health market continues to grow and includes mental health, mood, and stress as well as enhanced memory, focus, and energy. Nutrition Business Journal (NBJ) estimates that sales of brain health supplements in the United States hit $1.2 billion last year—an 8.1% increase over 2021. 

“The market has been asking for a non-stimulant solution that really works, and Nutrition21 has developed it. While the Nutrition21 Team originally developed nooLVL as the groundbreaking functional ingredient for the high cognitive demands of the e-sports market, it became apparent that a much wider consumer market could benefit by using it. Everyone ranging from students to parents, professionals, and athletes can benefit from using nooLVL,” said Joe Weiss, President, Nutrition21. 

Study Citations

1. Effects of Inositol-Enhanced Bonded Arginine Silicate Ingestion on Cognitive and Executive Function in Gamers. Nutrients, 13(11), 3758. https://doi.org/10.3390/nu13113758

2. A Prospective Study Evaluating the Effects of a Nutritional Supplement Intervention on Cognition, Mood States, and Mental Performance in Video Gamers. Nutrients, 11(10). https://doi.org/10.3390/nu11102326

About nooLVL®

The Bonded Arginine Silicate in nooLVL is a highly bioavailable, long-lasting form of arginine that increases nitric oxide production and blood flow. The increase in nitric oxide supports the delivery of oxygen and essential nutrients to the brain. The unique patented complex of nooLVL is non-stimulant and provides multiple cognitive benefits, including focus, concentration, improved memory, and energy.

About Nutrition21, LLC

Nutrition21, an Everwell Health company, is an industry-leading developer and marketer of efficacious, high-value, clinically substantiated ingredients for use in dietary supplements, functional foods and beverages. With decades of experience, the company’s scientific platform has continued to create unique, patented products that are both safe and clinically effective. To build consumer trust, Nutrition21 ensures product efficacy and safety through a product development process that involves rigorous preclinical and clinical research. The company currently holds more than 50 domestic and international issued and pending patents for its ingredients which support unique claims associated with sports nutrition, weight management, cognitive health, and beauty-from-within, among others. 

For more information on Nutrition21visit: www.Nutrition21.com

About Everwell Health Holdings, LLC

Everwell Health aims to help people look, feel and perform their best by advancing the science of safe, convenient, and attainable functional ingredients. Everwell Health enables our partners to win by providing trusted ingredient solutions that help all to look, feel and perform their best. The company adds meaningful value to dietary supplement, food and beverage brands by offering scientifically substantiated functional ingredient solutions. The company is actively focused on business development partnerships across the functional ingredients market.

For more information on Everwell Health, visit: www.Everwellhealth.com

BREA, Calif., September 27, 2023 (Newswire.com) - In a game-changing strategic collaboration, Nisum, a leading global technology consulting firm, joins forces with Monumental Sports & Entertainment (MSE), America's leading sports and entertainment family known for its seven sports teams, including the NBA Washington Wizards, WNBA Washington Mystics, and NHL Washington Capitals, five state-of-the-art venues, and global ventures.

With this partnership, Nisum stands alongside renowned industry giants and MSE partners like Anheuser-Busch InBev, Alibaba, Capital One, Giant Food, and more. Nisum and MSE’s alliance unites two powerhouse organizations with the common vision of leveraging best-in-class technology to create exceptional sporting experiences and lasting memories for fans, stakeholders, and partners in the Monumental Sports & Entertainment universe. To achieve this vision, Nisum will be a key partner in supporting MSE’s strategic IT initiatives by bringing decades of expertise in digital engineering, custom software development, data-led strategy and insights, and agile delivery.  

“This partnership with Nisum is another significant step in making Monumental one of the premier sports ecosystems in the country, delivering a series of amazing, connected experiences for our fans. We are proud to add Nisum to our strong network of partners, augmenting this top-tier group with their technical expertise, strategic leadership, and high-quality delivery from a global workforce,” said Adam Heintz, Senior Vice President of Business Intelligence at MSE.

“The heart of Nisum’s work is to power life’s amazing moments with the best technology. There is no better opportunity to do that than through the connectivity and bonds people create through a shared love of sports. Nisum is very excited to join the Monumental family and create memorable experiences for millions of fans,” expressed Tina Wung, Nisum’s Vice President of Growth Marketing and Revenue.

The sports industry is quickly leveraging the new possibilities created from emerging technology and digital innovation, including deeper and more personalized connections with fans, connected venues providing seamless omnichannel experiences, and virtual engagement exporting the in-stadium magic to broader fan bases. Monumental and Nisum are proud to partner together as leaders of transformation in the sports and entertainment world. 

About Monumental Sports & Entertainment

One of America’s leading sports and entertainment families. Our people, players, teams, and events bring excitement and joy to millions. We invest and innovate to consistently raise the game so we can deliver extraordinary experiences that will inspire and unite our community, our fans, and our people.

About Nisum

A global digital consulting firm based in Silicon Valley. With a talented workforce of over 2,000 professionals spanning North America, Latin America, India, and Pakistan, Nisum leverages over 20 years of expertise in digital strategy and engineering, data-driven insights and analytics, blockchain solutions, customer-centric experiences, business agility, and software development. Serving as a trusted consultant to various top Fortune 500 companies.

SANTA ROSA, Calif., September 27, 2023 (Newswire.com) - The countdown has begun for Maker Faire Bay Area’s relaunch on the historic waterfront at Mare Island in Vallejo this October. Dubbed “The Greatest Show and Tell on Earth,” Maker Faire Bay Area will be held over two full weekends, Friday-Sunday, October 13th-15th and the 20th-22nd. A family-oriented showcase of cool projects, hands-on activities, and interactive exhibits, Maker Faire is the intersection of science, art, engineering, and overall creativity. It will feature rockets, combat robots, drones, cosplay, wearable electronics, large fire art, biohacking, and plastics recycling technology.

Starting in San Mateo in 2006, Maker Faire had a successful run through 2019, with large crowds coming out to enjoy the incredible celebration of creativity and ingenuity. A one-of-a-kind event, Maker Faire Bay Area sparked a worldwide maker movement that inspired young and old to become makers and led to Maker Faires in hundreds of locations worldwide.

“I have been asked by so many people about Maker Faire Bay Area that I am glad to say that we are planning a new edition of Maker Faire Bay Area at Mare Island this Fall,” said Dale Dougherty, Founder and President of Make: magazine and Maker Faire. “We hope that many of those who enjoyed Maker Faire in the past will come to Mare Island, but we also want to invite all those who have never experienced Maker Faire to come.”

Maker Faire Bay Area will take place along the historic Mare Island waterfront, a long stretch of waterfront on the Napa River adorned with buildings that were once part of the naval shipyard, the first Navy base on the West Coast. The event will pay homage to the venue’s history with a nautical theme and inclusion of a treasure map for kids of all ages to explore various hands-on activities and “make and takes.” A large building called the Foundry will be filled with robotic couture, kinetic sculpture, and unusual art installations, and as usual, Maker Faire will have several awe-inspiring fire sculptures, art cars, mobile robots, and bands will be along the esplanade.  

This year, we're bringing back some beloved favorites, including Adam Savage’s Sunday Sermon, Eepy Birds Coka, and Mentos, a healthy dose of Art from the Burning Man community, but also showcasing new exhibits, activities, and partnerships. Each day will feature a parade of makers and their machines at 4 p.m. A full lineup of exhibits can be seen here.

“Young kids who grew up going to Maker Faire tell me how it inspired them to get involved in science and technology,” said Dougherty. “Now they are developing new products and solving tough problems at work because it was something that they learned to do as makers,” said Dougherty, who also publishes Make: Magazine, a DIY technology quarterly that is the bible of maker know-how.