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US workers estimate they need $1.8M to retire: survey on August 2, 2023 at 6:13 pm Business News | The Hill

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Workers in the United States believe they will need to save around $1.8 million for retirement, as inflation continues to fuel anxieties over savings, according to a new survey from Charles Schwab. 

This estimate is up from last year’s $1.7 million, with 37 percent of respondents stating they think it’s very likely they will reach this number, down 10 percentage points from last year, according to the survey.

The survey of 401(k) participants found 62 percent of workers think of inflation as a challenge to saving for a “comfortable retirement,” up from last year’s 45 percent, while 42 percent said stock market volatility is an obstacle, compared to last year’s 33 percent. Around 78 percent said both inflation and stock market volatility is influencing their spending and saving habits, while 36 percent said they plan to delay retirement in light of these conditions. 

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Having a 401(k) plan is becoming a requirement for potential employees; 88 percent said it a “must-have benefit,” while three out of four respondents said they would turn down a new job if it didn’t offer a 401(k) plan. 

“While many workers are trying to cut back on spending, some costs are unavoidable and certain areas of their finances have taken a hit,” said Brian Bender, head of Schwab Workplace Financial Services. “Despite these challenges, retirement saving continues to be a priority for workers, who have maintained their 401(k) savings rates and largely stayed on top of their 401(k) investments over the past year.”

More workers are now stashing away retirement funds: 68 percent reported putting money into in a savings account, up from 61 percent last year; 47 percent reported IRA investments, compared to 33 percent last year; and 38 percent investing through a brokerage account, up from 29 percent. 

The survey also touched upon the role of artificial intelligence (AI) in financial planning, and how 95 percent of workers are still more likely to take guidance from a human professional over computer-generated advice. That advice plays a large role in workers’ decisions, with workers’ confidence in financial decisions rising from 27 percent to 49 percent with help from a professional. 

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A majority of workers, 73 percent, said they would like personalized advice on their 401 (k) plan and 39 percent said they receive such advice through work plans. 

The survey comes as inflation persists across the country.

Last week, Federal Reserve Chair Jerome Powell said there is still “a long way to go,” to get inflation back to its 2 percent target. In July, the Fed raised its baseline interest rate to the highest level in 22 years in its fight to curb inflation.

The online study conducted by Logica Research questioned 1,000 401(k) participants in the U.S. between April 19-May 2. In addition to being 401(k) respondents, those surveyed worked for companies with at least 25 employees and were ages 21-70. The study said the data was self-reported by study participants and is not verified or validated.

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​Business, 401(k), Charles Schwab, retirement savings Workers in the United States believe they will need to save around $1.8 million for retirement, as inflation continues to fuel anxieties over savings, according to a new survey from Charles Schwab.  This estimate is up from last year’s $1.7 million, with 37 percent of respondents stating they think it’s very likely they will reach this number,…  

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Roselyn Omaka Leads Sinc Healthcare’s Nationwide Expansion in Remote Patient Monitoring

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Sinc Healthcare, a leader in the realm of remote patient monitoring and a sister company to UPL Care, is proud to announce Roselyn Omaka’s addition to their executive team. This significant move marks the expansion of Sinc Healthcare’s innovative Medicare-compliant services across all 50 states in the United States, underlining the company’s commitment to nationwide healthcare improvement.

With Omaka’s expertise, Sinc Healthcare is poised to extend its reach, offering cutting-edge remote patient monitoring services to healthcare providers and patients across the entire country. This expansion ensures that

no matter where patients are located, they have access to top-tier healthcare monitoring and support.

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Omaka brings a unique blend of biochemistry knowledge and business acumen to Sinc Healthcare. Her leadership is expected to drive the company’s commitment to legal compliance, maximize reimbursements for providers, and reduce hospital readmissions, crucial in today’s healthcare landscape.

Sinc Healthcare, under Omaka’s direction, embraces the technological advancements of AI and remote patient monitoring. This approach is set to revolutionize patient care, especially for those unable to make frequent in-person visits to healthcare facilities.

The expansion of Sinc Healthcare’s services nationwide means more healthcare providers can:

  • Offer enhanced patient care through remote monitoring.
  • Maintain operational efficiency and compliance.
  • Utilize data-driven insights for better patient outcomes.

Sinc Healthcare has been at the forefront of remote patient monitoring since 2014, with a zero lawsuit record, emphasizing its dedication to compliance and quality care. Its services are now available across all 50 states, making it a leading figure in nationwide healthcare innovation.

For additional information on Roselyn Omaka’s role and Sinc Healthcare’s expanded services, fill out this form.

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Comedy Filmmaking 101: How to Master Verbal Timing

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In the realm of filmmaking, every element contributes to the tapestry of your story, and among these, verbal timing stands as a powerful thread that can weave unforgettable moments into your narrative. In this comprehensive guide, we delve deep into the significance of the pause in filmmaking. Specifically, we explore how mastering the art of the pause can elicit audience reactions, enhance engagement, and immerse viewers in your storytelling.

Setting the Stage for Verbal Timing Before we dive into the nuances of the pause, it’s essential to lay a solid foundation by considering how it fits into the broader context of your film. Here’s how to prepare:

  1. Develop Vibrant Characters: Craft characters with distinct personalities, quirks, and dynamics to create meaningful interactions.
  2. Craft a Compelling Script: Your script should encompass moments of humor, drama, tension, and surprise, setting the stage for varied emotional experiences.
  3. Establish Pacing Rhythms: Align your pacing with the genre and overall tone of your film, ensuring a seamless flow that captivates your audience.

The Pause as a Narrative Device A well-executed pause serves as a narrative device that can be employed in various scenarios to heighten your storytelling:

  1. Comic Timing: In humorous scenes, a well-placed pause following a setup line amplifies the impact of the ensuing laughter.
  2. Dramatic Effect: During emotionally charged moments, pauses heighten tension and enable the audience to absorb the gravity of the situation.
  3. Suspense Building: In suspenseful or thriller genres, strategic pauses keep viewers on the edge of their seats, building anticipation.

The Emotional Pause To evoke specific emotional responses from your audience, consider these tips:

  1. Timing Variations: Experiment with pause lengths. A longer pause encourages deeper contemplation, while a shorter one maintains pacing.
  2. Character Reaction Shots: Capture character reactions after a significant line, showcasing the impact of the dialogue on the story’s emotional landscape.
  3. Dialogue Placement: Position critical lines just before a pause, allowing the audience to digest and react to pivotal information.

Timing for Humor In the world of comedy, timing reigns supreme. Maximize comedic impact with these insights:

  1. The Punchline Pause: Pause after delivering a setup to let the audience anticipate and relish the punchline.
  2. Timing Delivery: Practice diverse comedic delivery styles, rhythms, and pauses to identify what suits your script and characters best.
  3. Physical Comedy Integration: Don’t overlook the synergy between verbal timing and physical comedy, as they can enhance each other’s humorous effect.

The Unexpected Pause Surprise your audience with an unexpected pause to create memorable cinematic moments:

  1. Subverting Expectations: Deviate from anticipated pacing to catch viewers off guard, generating intrigue and excitement.
  2. Plot Twists: Before revealing a plot twist or shocking revelation, pause to amplify its impact, leaving a lasting impression.

The Power of Editing Verbal timing isn’t solely reliant on actors’ delivery during filming; the editing process plays a pivotal role:

  1. Adjusting Pace: Fine-tune dialogue timing in the editing room by trimming or extending pauses to achieve the desired effect.
  2. Sound Design: Collaborate with your sound team to enhance pauses with ambient sounds, music, or silence, further immersing the audience.
  3. Testing and Feedback: Seek feedback from test audiences to gauge the effectiveness of your verbal timing choices. Analyze moments where the pause successfully elicited the desired reaction and where refinements may be necessary.

Mastering verbal timing in filmmaking demands practice, creativity, and a profound understanding of storytelling. By weaving the power of the pause into your narrative, you can engage your audience emotionally, craft unforgettable comedic moments, and intensify the impact of dramatic sequences. Remember, the pause isn’t just about silence—it’s a dynamic tool that enriches your storytelling and invites the audience deeper into your cinematic world. Embrace this art, and witness your filmmaking skills flourish, leaving audiences eagerly awaiting your next project.

Check out “10 Reasons Why Promoting Your Films Through Video Marketing Is Invaluable for Attracting Investors.”

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For tickets to the February 10th, 2024 Houston Comedy Film Festival and film submissions, visit our website.

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10 Reasons Why Video Marketing is Essential for Your Brand’s Success

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In today’s digital age, video marketing has become a cornerstone of successful branding and audience engagement. Here are 10 compelling reasons why incorporating video into your marketing strategy is essential for your brand’s success:

  1. Explosive Growth Potential: With 70% of ‘non-video-marketers‘ planning to start online video marketing in 2023, it’s evident that video is the future of marketing.
  2. Global Reach: Over 3.1 billion people watch videos online daily, allowing your brand to connect with viewers worldwide.
  3. Influential Purchasing Decisions: Globally, 64% of customers make purchases after watching a brand’s social videos, highlighting video’s impact on consumer behavior.
  4. Short-form Engagement: Short-form videos are preferred by 73% of users when learning about products or services. Engage your audience with concise and captivating content.
  5. Conversion Power: A staggering 78% of consumers claim that watching a video influenced their purchasing decisions, makingvideo a persuasive tool.
  6. Customer Acquisition: 93% of companies have acquired new customers through social media videos, showcasing video’s ability to attract and convert.
  7. Boosted Conversions: Adding video to landing pages can increase conversion rates by an impressive 86%, guiding your audience towards action.
  8. Preferred Learning: 69% of people prefer video over text when learning about products, providing an immersive and memorable experience.
  9. Instagram Success: Instagram videos are a game-changer for marketers, with 88% reporting success. Utilize this platform forcaptivating content.
  10. Brand Awareness: 95% of businesses have improved brand awareness through video marketing, leaving a lasting impression. (Source: Various)

Incorporating video into your marketing strategy is more than just a trend; it’s a powerful tool for elevating your brand’s identity, influencing consumer behavior, and making a lasting impact.

Partner with Bolanle Media to harness the full potential of video marketing and watch your brand soar to new heights. Embrace personalized video marketing and drive your brand’s success in the digital era.

Here is an example video of what has helped our company spread more awareness for the The Roselyn Omaka Show.

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