This South American City Lets Your $1 Million Retirement Nest Egg Last 95 Years—and It Has Idyllic Weather

This South American City Lets Your $1 Million Retirement Nest Egg Last 95 Years—and It Has Idyllic Weather

Cuenca, Ecuador tops a new ranking of affordable expat-friendly cities, where year-round spring weather meets ultra-low living costs.John Elk III/Getty Images The Calle Larga houses along the Rio Tomebamba in Ecuador, Cuenca.Key PointsA recent study found that $1 million in retirement savings can last a whopping 95 years in Cuenca, Ecuador; annual expenses for a single person in Ecuador's third-largest city were estimated at just $10,548.Ecuador…

Innovent joins Hang Seng Index

Innovent Biologics will join the Hang Seng Index next month in the latest quarterly review as the compiler of the city’s stock benchmark presses ahead with its plan to increase the number of constituents to 100, reports the South China Morning Post. The biotech firm, based in eastern Jiangsu province, has become the only new […]

Want a $1 Million Retirement? 2 Simple Index Funds to Buy and Hold for Decades

iShares S&P/TSX Capped Composite Index Fund (TSX:XIC) is a great fund to buy and hold for decades.