Posts tagged with "Generation"

Piggy Bank illustration by Heather Skovlund for 360 Magazine

Financial Future

Securing Your Financial Future

Mark Williams, CEO Brokers International

When it comes to securing your financial future, the best time to start planning is today. There are a lot of tools and products available to help put a plan together, but they all have one thing in common: the earlier you take advantage of them, the better off you’ll be.

Studies have shown that younger individuals, particularly millennials, tend to prefer savings over retirement accounts. Whether that’s because they lived through the Great Recession and saw what happened to older generations whose retirement strategies were rooted in the stock market, a lack of financial literacy, or something else altogether, the fact remains that younger generations have a more conservative mindset regarding financial planning and investing.

Many people put off retirement planning until retirement itself moves more into focus. But to maximize the impact of your efforts to plan for a secure financial future, start as early as you can. Here’s where you should start.

Workplace 401(k)s

For many people in the workforce, a 401(k) is offered through their employer. Saving money for the future in a tax-advantaged vehicle is a wise move, but for those whose companies offer a 401(k) match, it’s a no-brainer to maximize that source of free money. Due to the power of compound interest, even a small regular contribution makes a major difference over time.

Consider this example. If you invest $50 a month into a 401(k), at an average 7% annual rate of return, that investment adds up. After 15 years, you’ll have invested $9,000, but it will be worth over $15,000. That same $50 a month after 30 years will amount to $18,000 out of your pocket, but it will have grown to nearly $57,000. And if you invest just $50 a month for 45 years, that $27,000 investment will be worth just under $171,500. (You may not get 7% every year, but as an illustration, the value is clear.)

Annuities

Planning for your financial future can be difficult when you may not even have a view of that horizon. You don’t know what your life will look like, what your financial needs will be, and what resources will be available to you once you are no longer working.

Annuities provide a great response to the uncertainty of long-range financial planning. It’s the only financial product available that guarantees an income stream for life — once you turn on that income stream, it’s fixed. Fluctuations in interest rates or the marketplace won’t affect it. An annuity will provide you with a paycheck every single month until the day you die — and some products even allow you to extend that benefit to your spouse or children.

Life Insurance

This is the big one, but many people overlook life insurance because they won’t be able to take advantage of it themselves. But ask yourself, at any stage of life, if you don’t make it home one day, who relies on you to provide financially? More than anything, insurance is a form of safety and protection, for you and for those you love. It’s critically important for someone who is married with children to have life insurance in case of tragedy, to be able to help cover debts, provide a future source of income and even allow space for grief without financial anxiety.

But even for single young professionals, just starting off their careers, life insurance should be a primary consideration in financial planning.

Consider a young, single, 23-year-old individual who may not have anyone who depends on their income. Why would that person want to purchase a life insurance policy in that situation? In part, because they don’t know what their situation will be like in 1, 5 or 10 years, and a 20- or 30-year term life insurance policy will provide financial safeguards for some of the possibilities that may arise. Additionally, there’s a popular saying in the insurance industry: money pays for life insurance, but health buys it. When you are young and healthy, you’ll never be able to get a life insurance policy as cheaply as you can at that point.

Just as you never know if or when your circumstances may change and you’ll find yourself wanting a life insurance policy to protect the financial interests of someone you married five years after initially deciding not to purchase a policy, you may also receive a diagnosis in that same five-year period that makes life insurance impossible (or prohibitively out of reach).

If you buy life insurance when you’re young and healthy, you can take advantage of the best rates possible and provide a blanket of financial security for your loved ones.

Plan Ahead

Financial planning isn’t a lot of fun for most people, but it is necessary. Whether you are aiming for a specific short- to a mid-range financial goal or turning your eye toward your eventual retirement, it pays to start thinking about securing your financial future as early as possible. The cost of doing so when you are young is comparatively lower than if you wait 10, 20, or 30 years to make some of the same decisions.

If you’re young, take advantage of your long time horizon and plan accordingly. If you’re older and already feeling close to retirement, you may not have taken advantage of the power of compound interest but it’s still not too late to reallocate some of your assets and shore up your financial situation as much as possible.

For anyone, I would strongly recommend seeking out the advice and experience of a financial professional — they will understand all of your available options and know best how to construct a strategic plan to help you reach your goals.

Town & Country 8th Philanthropy Summit – Marlo Thomas × Phil Donahue

The 8th annual Town & Country Philanthropy Summit continued today with a wonderful conversation between Marlo Thomas and Phil Donahue, moderated by Editor in Chief Stellene Volandes. This is the first time that Phil has interviewed Marlo since they first met on the Donahue show decades ago.

Please see below for highlights from the panel as well as a link to view the interview in its entirety:

Marlo on visiting St. Jude following her father’s death:

“After my father died, it was just a terrible shock to us. It was stunning because he hadn’t been sick, so it was very sudden. He was adored by us. We all loved him, and he was our funny, loving perfect daddy so it was very, very hard. We all decided that you know, we’d go to St. Jude and let them know that we were here if they needed us and so I went to St. Jude, a couple of months later. I drove up and there was a sixteen feet statue of St. Jude right at the entrance, and I started to cry because I’ve been there so many times with my dad. I pulled myself together because I didn’t want to cry in front of the parents, they have enough heartache of their own. I went inside and, in the lobby, there was this party going on. All of these little kids running around with party hats, balloons, confetti, ice cream, and cake. I said to the nurse, ‘Well whose birthday, is it?’ She said, ‘Oh it’s not a birthday party, it’s an off-chemo party.’ Well, I’ll tell you, I just gasped, to see these children celebrating one of their turns for the better. All of these moms and dads and grandparents standing around with tears in their eyes because they felt that if this child made it, maybe their beloved child would too. It was really a stunning moment for me. And then, just as I was standing there, this mom came over with a little girl about four years old, all dressed in pink. She had little pink ribbons jauntily tied around her little bald head and the mother said to her, ‘do you know who’s this lady’s daddy is?’ and the little girl shyly answered, ‘yes’ the mother said ‘who?’ She [little girl] proudly said, ‘St. Jude.’ I just fell in love with her. I fell in love with all of those kids in the off-chemo party. I fell in love with this place. And I realized for the first time, just what all of this hope and love and promise and the future of a second chance for children meant to my father. It really helped me to see myself as a part of it.”

Marlo on what she learned from her father: 

“Well, what I learned from dad, really is that he had a lot of sayings, and one of them was there’s two kinds of people in the world: those who stop on an accident to see if they can help or those who just drive by. He was literally the kind that would stop and help. I remember one time, we were driving by down Sunset Blvd. we saw these boys beating up on another little boy. And my father stopped the car and jumped out. He pulled the boys apart and gave them a big talking to. I was sitting in the car, terrified, I was eight years old. He got back in the car. He brought the little boy that’ve been bullied with him. We were going to drop him off at home and as my dad started the car, he said, ‘I hate a bully.’ And I think to him, cancer in children was a bully. A bully that he wanted to defeat. The thing about my dad too is that he really was a citizen of the world, that we all are citizens of the world…He saw himself as part of the neighborhood as a part of a community wherever he was, he was a part of that community. I think that was a great lesson for my sister, my brother, and I.”

Phil Donahue on his first visit to St. Jude and how that impacted him: 

“My first visit to St. Jude, I picked up a little bald-headed kid. I said, ‘What do you want to be when you grow up, big guy?’ This still makes me cry. The kid said, ‘I just don’t want to be sick anymore.’ Well, my god, I grabbed this kid. You know, for a very brief moment, I kind of felt how parents feel when they take a child to St. Jude. How scary it must be and how I didn’t want that child to see my eyes get moist. So, it’s a real learning experience at St. Jude. It changed me forever. I do wish everybody could visit the hospital. It’s a life-changing experience and when you see the parents arrive with a child. You see the real fear on their faces, terror sometimes. Then you see them leaving and they’re better. It’s like a godsent – the change they feel, and that their children feel.”

Marlo on being awarded the Presidential Medal of Freedom and her version of the American Dream: 

“One of the things that happened in my life that was really big a great deal, because of my work with St. Jude, is that I received the Medal of Freedom from President Obama. My husband and I went, and my brother came, and the head of St. Jude came. The interesting thing about it, is when you are growing up, especially as an actress, you dream of getting an Emmy or an Oscar or a Tony, but I don’t think anybody grows up dreaming about the Medal of Freedom. It just comes as a shock when you’re told you will be receiving this at the White House. And I remember I was stunned. Remember we discussed that I wasn’t going to cry? So, I’m not going to cry, but I did because at the moment President Obama was clasping the medal around my neck, I thought of my grandparents. My grandparents were immigrants who came to this country from Lebanon to find a better way of life, to raise their family and their children. And I saw them in my mind’s eye, I could see my grandparents with all their belongings and cloth bags. And here, their granddaughter just two generations later were in the White House receiving the Medal of Freedom from the President of the United States. I mean, that is the American Dream. I’m so proud of the fact that my grandparents made a life in this country.”

Marlo on how celebrity involvement has helped the foundation: 

“That’s a very interesting thing because just as in our generation, we brought in Jennifer Aniston and Robin Williams and all of those wonderful people. My dad did that, that’s how he built the hospital. He used to say this hospital was built with laughter George Burns and the Bob Hope and all of the funny guys—Jerry Lewis and Frank Sinatra, Nat King Cole, Ella Fitzgerald, all of the men and women that were on the night club circuit with my dad helped build St. Jude. In fact, Frank Sinatra did so many benefits that we actually have a whole wing that’s called the Frank Sinatra wing. Their generosity really built the hospital.”

Watch the full summit here.

The T&C Summit continues tomorrow with Stacy-Marie Ishmael speaking to Taraji P. Henson and Jamie Raskin, and Stellene Volandes in conversation with Andreas Dracopoulos. If you are interested in attending register directly here.

Empowered Women Illustration by Heather Skovlund for 360 Magazine

CÎROC × COMBS ENTERPRISES EMPOWERED WOMEN

The first cohort of the 2021 Empowered Women honorees, including Iman, Valeisha Butterfield-Jones, and Fadia Kader, are announced in celebration of International Women’s Day.

 

Ciroc and Combs Enterprises are proud to announce the continuation of its Empowered Women platform. Empowered Women, first launched in 2016 by Combs Enterprises women-led executive team, uplifts, spotlights, and honors an eclectic and dynamic group of entrepreneurs, creatives, and businesswomen.

This year, Ciroc and Combs Enterprises partnered with Culture Creators, a cultural connectivity organization that aims to spotlight the contributions of individuals who have shaped the global view of Black culture. To further amplify the initiative, fittingly launched during Women’s History Month, Empowered Women will honor 50 successful women and share the narratives that formed them. Championing discussions around the value of mentorship, allyship, and leadership, Empowered Women highlights the importance of celebrating the current and uplifting the next generation of fearless leaders. Honorees represent five categories including social impact, technology, entertainment, art and style, and business.

Ciroc, Combs Enterprises, and Culture Creators will spotlight the honorees beginning in March and culminating this spring. The series will include custom digital content and exclusive honoree interviews shared via Culture Creators’ platforms, curated vodka cocktails, and an exclusive media partnership with women’s lifestyle publication, Elle Magazine.

It is an honor to continue to build and strengthen the Empowered Women platform alongside Culture Creators and Elle Magazine”, says Ingrid Best, Vice President of Global Marketing, Spirits, Combs Enterprises. “As a Black woman, it is my personal and professional mission to honor those who are breaking boundaries, while also providing a platform for us to continue to do the important work of mentoring and showing up for the next generation. We hope this program encourages young, budding professionals to push boundaries and redefine the status quo in their respective industries.”.

The first round of March 2021 honorees is below, representing the industry leaders paving the way for future generations.

 

Empowered Women Honorees – March:

  • Adrienne Lofton
  • Alencia Johnson
  • Brianna Agyemang
  • Caroline Yim
  • Dawn Dickson
  • Donna Stewart
  • Fadia Kadar
  • Heather Lowery
  • IMAN
  • Jamila Thomas
  • Morgan DeBaun
  • Sarah Jakes Roberts
  • Stephanie L. Young
  • Morgan Dixon
  • Valeshia Butterfield-Jones
  • Vanessa Garrison
  • Yvette Noel Schure

Joi Brown, Founder, and CEO of Culture Creators commented, “I started Culture Creators because I envisioned a platform that gives individuals who push the culture forward and strive for inclusion that flowers while they are still here while continuing to develop the next generation of leaders. Partnering with like-minded visionaries at Ciroc to bring Empowered Women to life marries the spirit of celebration and mentorship.”.

As part of its mission to propel Black culture, Culture Creators has consistently celebrated the accomplishments of key luminaries across a broad spectrum of industries, including entertainment, fashion, finance, technology, business, and more. The Innovators & Leaders Awards Brunch, Culture Creators’ annual signature event, exemplifies this mission and has previously honored Sylvia Rhone, Byron Allen, Marsai Martin, Jemele Hill, Kenya Barris, Charles D. King, and the late Andre Harrell, to name a few. In 2019, Culture Creators launched the first-ever C2 Summit, a platform that targets students of color across all universities and provides interactive educational experiences, employment opportunities, and creates access to leaders across various career paths. Today, Culture Creators further advances its mission with the launch of the Empowered Women platform.

Au/Ra – Moon River Cover

Following the release of her single “Ideas” earlier this year and recent feature on Jax Jones’ track “i miss u,” Au/Ra has shared her cover of “Moon River,” which is available now via Columbia Records. Listen HERE.

Originally performed by Audrey Hepburn in the 1961 movie Breakfast at Tiffany’s, the song was written by Henry Mancini and Johnny Mercer and has been covered by the likes of Frank Sinatra, Judy Garland, Louis Armstrong, Frank Ocean and more. Au/Ra has added her unique take on the track, which has a dusky and ethereal edge that is displayed through the visualizer accompanying the track. Watch HERE.

Au/Ra says: “I’ve always loved this song, especially the version sung by Audrey Hepburn in Breakfast at Tiffany’s, and it’s something I’ve always wanted to do my own rendition of. During quarantine I thought ‘why not give it a try?’ It was something I just wanted to do for fun with my dad, but we ended up liking it so much that we wanted to make it an actual release for listeners.”

Ibiza-born and Antigua-raised songwriter Au/Ra explores the challenges of being a modern-day teenager, writing music that touches on the issues today’s younger generation face on a daily basis, such as anxiety, communicating in an always online world and having to always show off your best self. Her single before “Ideas” was “Ghost” with Alan Walker, which was part of the Death Standing soundtrack and has been streamed over 32 million times on Spotify alone. “Panic Room,” her Platinum selling hit, was remixed by CamelPhat and stayed in the Top 40 for 9 weeks, amassing 122M streams on Spotify. She was recently featured on Jax Jones’ single “i miss u,” which she performed alongside him on Little Mix’s show The Search and was playlisted at Radio 1, Capitol and Kiss FM, achieving almost 18M streams so far. Watch a live version of the track HERE.

An undercurrent of most of Au/Ra’s deeply visual and evocative lyrics is a sense of escapism, influenced by her fandom of anime and fantasy. Growing up devouring Studio Ghibli films, she’s always loved to disappear into the soft-edged, uncanny world of Miyazaki animations, and uses similar designs to flesh out the visual world of her music. With her lovingly made outsider-pop, Au/Ra is providing a similar kind of space in her song writing: one where misfits feel at home and where the listener gets to peer for a minute through the lens of an artist who has simultaneously grown up outside the system, but who speaks with the zeitgeist of her generation.

Look out for more new music from Au/Ra coming soon!

Beat Bugs: Season 3 Soundtrack Set For Release

The soundtrack to the third season of Josh Wakely’s animated Netflix original series Beat Bugs released on November 16th as announced by Republic Records. The soundtrack release comes after the Beat Bugs Season 3 debut on Netflix which premiered back in November 9th.

Beat Bugs: Season 3 soundtrack is available now at this link

Check out the trailer for Beat Bugs Season 2 HERE.

Following the success of the first 2 seasons and a 48-minute special on Netflix, Season 3 attracted a myriad of talent to reimagine classics by The Beatles for a new generation. Yusuf/Cat Stevens recorded “Here Comes The Sun,” while rising Vermont indie pop troubadour Noah Kahan delivered a show-stopping rendition of “You Won’t See Me.” Samantha Gongol of Marian Hill takes on the classic “Let It Be,” Chloe Kohanski adds millennial sunshine to “A Day In The Life,” and Welshly Arms amplify the rock ‘n’ roll gusto of “Revolution.”

Wakely’s Beat Bugs stands out as the perfect gateway for kids to experience the canon of The Beatles.

Beat Bugs Season 3 Tracklisting:

  1. Yusuf/Cat Stevens– “Here Comes The Sun”
  2. Noah Kahan– “You Won’t See Me”
  3. Samantha Gongol– “Let It Be”
  4. Welshly Arms– “Revolution”
  5. The Beat Bugs– “Hey Jude”
  6. The Beat Bugs– “Baby You’re A Rich Man”
  7. The Beat Bugs– “Paperback Writer”
  8. The Beat Bugs– “I’m Only Sleeping”
  9. Chloe Kohanski– “A Day In The Life”
  10. The Beat Bugs– “Yesterday”
  11. The Beat Bugs– “Mother Nature’s Son”
  12. The Beat Bugs– “Good Morning, Good Morning”
  13. The Beat Bugs– “Ob-La-Di, Ob-La-Da”
  14. The Beat Bugs– “Oh! Darling”
  15. The Beat Bugs– “The Long And Winding Road”

The Emmy®-winning series and its music have garnered widespread critical praise. The New York Times wrote, “Like most enduring animation series, the writing in Beat Bugs is crafted to appeal to children as well as thier parents, with plenty of allusions to lyrics.” In its piece on the show, Rolling Stone said that by engaging with Beat Bugs kids are “experiencing the music of the Beatles in a way their parents and grandparents never imagined.” The Wall Street Journal also ran an in-depth piece, while Variety covered the project in this article, calling the covers in the series “richly orchestrated.”

Beat Bugs was created by Wakely, following a groundbreaking deal with Sony/ATV Music Publishing, and is produced by his Grace: a storytelling company. Wakely personally selected each of these songs for his integration into the series’ episodes and was closely involved in the music’s production, arranging and mixing. Melodia was formed by the principals of Beat Bugs’ production entities to release music from this series, as well as future film, television, and theatrical endeavors, in conjunction with the company’s partners.

About Grace: a storytelling company:

Grace is a global independent film and television development and production banner led by filmmaker Josh Wakely. Grace’s output is distinguished by innovation, and imaginative creative and business partnerships, combined to cultivate transformative storytelling. Based out of Australia and the US, Grace is committed to producing intelligent, elevatedm talent-driven film and television projects to the worldwide audience.

Icewear Vezzo Returns With New Track “European”

Just recently, Detroit underground icon Icewear Vezzo returns with a new track European. This is his second release under his recently minted deal with Motown and Capitol Music Group.

Get it here.

Adding to the excitement for his upcoming mix-tape, Icewear Vezzo celebrates this moment with a music video for European–check it out here!

Icewear Vezzo proudly leads a new era of Motor City hip-hop. His explosive discography encompasses the fan favorite Clarity mixtape series and breakout Moonwalken, which boasted beats from heavyweights such as Zaytoven and TM 88. Following a stint in Federal Prison, he ignited 2018 as his biggest year yet. In addition to a triumphant return to the stage at Detroit’s Hot 107.5 Summer Jamz, he dropped the acclaimed 337 EP with Earlly Mac and set the internet abalze with the brash and blunt banger Drank God Back Freestyle. Mass Appeal predicted, Detroit’s best hope at a singular star is Icewear Vezzo, and Hypebeast dubbed him, “The King of Contemporary Detroit Rap.” A pillar of his community, he also owned the local haunt Chicken Talk restaurant.

With his surefire spitting and slick storytelling, he ushers in the next generation of Detroit legends.

HERON PRESTON x Off-White

VIRGIL ABLOH AND HERON PRESTON REVEAL “COLLABORATION” HANDBAG

For their first collaborative release, Virgil Abloh (Off-White ℅ Virgil Abloh) and Heron Preston present “COLLABORATION”, a concept carryall that incorporates the designers’ common exploration of industrial elements. This accessory is a living hybrid: its dual-colored strap is a fusion of Off-Whites graphic yellow Weight Securing System strap and Preston’s signature orange band with the branded word “Style” in Russian. The strap is a purposeful note of asymmetry in a piece with clean balance. The transparent body is printed with Off-White’s famed diagonal white lines, along with the words “COLLABORATION”. Black carabiner clips secure the strap, while inside, an industrial netting-inspired inner tote is a textural contrast to the sleek exterior. Substantial industrial hardware finishes the design, with metal nuts that cleanly secure orange leather straps.

“Heron Preston’s ability to think without limits comes to life in this bag we created together,” Abloh says. “The mix of the materials combined with Off-White DNA lead to a final product that suggests a different idea of a “handbag”.”

PRICING
“COLLABORATION” – Mini – $942.00
“COLLABORATION” – Medium – $1,232.00

ABOUT HERON PRESTON

Heron Preston is the true embodiment of an artist born of the post-internet generation. Multi-faceted and genre-bending, he is a cultural icon in youth culture, and emerging designer in high fashion. He founded his eponymous fashion brand in 2016, and in two short seasons has garnered an international following. The common thread among his impressive bodies of work is a commitment to innovation, experimentation, and unpredictability. Heron Preston finds particular joy in the unexpected; taking conventional themes and reinterpreting them. Take for example his “UNIFORM” project from 2015, the designer’s first major collection, in which he collaborated with the NYC Department of Sanitation on a series of zero waste themed clothes and accessories. He’s also served as the global digital producer for Nike and of course, creative consultant to Kanye West, most notably on his work for the Life of Pablo and Yeezy fashion label.

@HERONPRESTON

 

ABOUT OFF-WHITE ℅ VIRGIL ABLOH

Established in 2013, Off-White is defining the grey area between black and white as a color.  Under the brand name, seasonal collections of men’s and women’s clothing, objects, furniture, and publications are articulating a current culture vision. Collections embedded in a recurrent back story with an emphasis on creating garments that have an identity by design. With a design studio based in Milan, Italy the label harnesses the history and craftsmanship within the country yet offers a global perspective in terms of design and trends. With a clear vision of splicing the reality of how clothes are worn and the artistic expression of high-fashion, creative director and designer Virgil Abloh explores concepts in the realm of youth culture in the contemporary context.

@off____white

 

MEDIA CONTACT

VIZIO X ALEXA

 

VIZIO, Inc. announced the introduction of the VIZIO SmartCast skill for Amazon Alexa, enabling easy voice control of 2017 and 2016 SmartCast P-, M- and E-Series 4K display collections. VIZIO 4K Ultra HD display users with an Alexa-enabled device can now conveniently control volume, channel and input settings, as well as turn their VIZIO display on and off using only their voice1. The new VIZIO SmartCast skill for Alexa will also be available to 2018 VIZIO SmartCast Full HD and HD display customers in the coming weeks.
The VIZIO SmartCast skill for Alexa allows users with Amazon Echo, Echo Dot, Amazon Tap, Echo Show and other Alexa-enabled devices to ask Alexa to control their VIZIO SmartCast displays. Using their voice, users can incrementally adjust volume, to change the input of a playback device, switch a VIZIO SmartCast display on and off and even control playback functions such as fast forward, rewind and pause on select apps. The addition of a skill for Alexa to the SmartCast platform gives consumers with Alexa-enabled devices simple, hands-free control of key entertainment features on their VIZIO SmartCast display.
VIZIO SmartCast is an industry leader with voice control and mobile device integration, in addition to a traditional remote and SmartCast TV interface,” said Bill Baxter, Chief Technology Officer, VIZIO. “With the introduction of the VIZIO SmartCast skill for Alexa, we’re excited to expand voice controls, giving users with Alexa-enabled products a convenient way to control key features on their VIZIO SmartCast TVs and displays.”
In addition to controlling their VIZIO SmartCast displays with Amazon Alexa, consumers with VIZIO SmartCast TV-enabled displays can also browse and launch content directly from their displays with their remote.

For more information on VIZIO SmartCast TV visit VIZIO.com/SmartCast.