### WordPress - Web publishing software
Copyright 2011-2019 by the contributors
This program is free software; you can redistribute it and/or modify
it under the terms of the GNU General Public License as published by
the Free Software Foundation; either version 2 of the License, or
(at your option) any later version.
This program is distributed in the hope that it will be useful,
but WITHOUT ANY WARRANTY; without even the implied warranty of
MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
GNU General Public License for more details.
You should have received a copy of the GNU General Public License
along with this program; if not, write to the Free Software
Foundation, Inc., 51 Franklin St, Fifth Floor, Boston, MA 02110-1301 USA
This program incorporates work covered by the following copyright and
permission notices:
b2 is (c) 2001, 2002 Michel Valdrighi - m@tidakada.com -
http://tidakada.com
Wherever third party code has been used, credit has been given in the code's
comments.
b2 is released under the GPL
and
WordPress - Web publishing software
Copyright 2003-2010 by the contributors
WordPress is released under the GPL
---
### GNU GENERAL PUBLIC LICENSE
Version 2, June 1991
Copyright (C) 1989, 1991 Free Software Foundation, Inc.
51 Franklin Street, Fifth Floor, Boston, MA 02110-1301, USA
Everyone is permitted to copy and distribute verbatim copies
of this license document, but changing it is not allowed.
### Preamble
The licenses for most software are designed to take away your freedom
to share and change it. By contrast, the GNU General Public License is
intended to guarantee your freedom to share and change free
software--to make sure the software is free for all its users. This
General Public License applies to most of the Free Software
Foundation's software and to any other program whose authors commit to
using it. (Some other Free Software Foundation software is covered by
the GNU Lesser General Public License instead.) You can apply it to
your programs, too.
When we speak of free software, we are referring to freedom, not
price. Our General Public Licenses are designed to make sure that you
have the freedom to distribute copies of free software (and charge for
this service if you wish), that you receive source code or can get it
if you want it, that you can change the software or use pieces of it
in new free programs; and that you know you can do these things.
To protect your rights, we need to make restrictions that forbid
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These restrictions translate to certain responsibilities for you if
you distribute copies of the software, or if you modify it.
For example, if you distribute copies of such a program, whether
gratis or for a fee, you must give the recipients all the rights that
you have. You must make sure that they, too, receive or can get the
source code. And you must show them these terms so they know their
rights.
We protect your rights with two steps: (1) copyright the software, and
(2) offer you this license which gives you legal permission to copy,
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Finally, any free program is threatened constantly by software
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program proprietary. To prevent this, we have made it clear that any
patent must be licensed for everyone's free use or not licensed at
all.
The precise terms and conditions for copying, distribution and
modification follow.
### TERMS AND CONDITIONS FOR COPYING, DISTRIBUTION AND MODIFICATION
**0.** This License applies to any program or other work which
contains a notice placed by the copyright holder saying it may be
distributed under the terms of this General Public License. The
"Program", below, refers to any such program or work, and a "work
based on the Program" means either the Program or any derivative work
under copyright law: that is to say, a work containing the Program or
a portion of it, either verbatim or with modifications and/or
translated into another language. (Hereinafter, translation is
included without limitation in the term "modification".) Each licensee
is addressed as "you".
Activities other than copying, distribution and modification are not
covered by this License; they are outside its scope. The act of
running the Program is not restricted, and the output from the Program
is covered only if its contents constitute a work based on the Program
(independent of having been made by running the Program). Whether that
is true depends on what the Program does.
**1.** You may copy and distribute verbatim copies of the Program's
source code as you receive it, in any medium, provided that you
conspicuously and appropriately publish on each copy an appropriate
copyright notice and disclaimer of warranty; keep intact all the
notices that refer to this License and to the absence of any warranty;
and give any other recipients of the Program a copy of this License
along with the Program.
You may charge a fee for the physical act of transferring a copy, and
you may at your option offer warranty protection in exchange for a
fee.
**2.** You may modify your copy or copies of the Program or any
portion of it, thus forming a work based on the Program, and copy and
distribute such modifications or work under the terms of Section 1
above, provided that you also meet all of these conditions:
**a)** You must cause the modified files to carry prominent notices
stating that you changed the files and the date of any change.
**b)** You must cause any work that you distribute or publish, that in
whole or in part contains or is derived from the Program or any part
thereof, to be licensed as a whole at no charge to all third parties
under the terms of this License.
**c)** If the modified program normally reads commands interactively
when run, you must cause it, when started running for such interactive
use in the most ordinary way, to print or display an announcement
including an appropriate copyright notice and a notice that there is
no warranty (or else, saying that you provide a warranty) and that
users may redistribute the program under these conditions, and telling
the user how to view a copy of this License. (Exception: if the
Program itself is interactive but does not normally print such an
announcement, your work based on the Program is not required to print
an announcement.)
These requirements apply to the modified work as a whole. If
identifiable sections of that work are not derived from the Program,
and can be reasonably considered independent and separate works in
themselves, then this License, and its terms, do not apply to those
sections when you distribute them as separate works. But when you
distribute the same sections as part of a whole which is a work based
on the Program, the distribution of the whole must be on the terms of
this License, whose permissions for other licensees extend to the
entire whole, and thus to each and every part regardless of who wrote
it.
Thus, it is not the intent of this section to claim rights or contest
your rights to work written entirely by you; rather, the intent is to
exercise the right to control the distribution of derivative or
collective works based on the Program.
In addition, mere aggregation of another work not based on the Program
with the Program (or with a work based on the Program) on a volume of
a storage or distribution medium does not bring the other work under
the scope of this License.
**3.** You may copy and distribute the Program (or a work based on it,
under Section 2) in object code or executable form under the terms of
Sections 1 and 2 above provided that you also do one of the following:
**a)** Accompany it with the complete corresponding machine-readable
source code, which must be distributed under the terms of Sections 1
and 2 above on a medium customarily used for software interchange; or,
**b)** Accompany it with a written offer, valid for at least three
years, to give any third party, for a charge no more than your cost of
physically performing source distribution, a complete machine-readable
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**c)** Accompany it with the information you received as to the offer
to distribute corresponding source code. (This alternative is allowed
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The source code for a work means the preferred form of the work for
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If distribution of executable or object code is made by offering
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It is not the purpose of this section to induce you to infringe any
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This section is intended to make thoroughly clear what is believed to
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**8.** If the distribution and/or use of the Program is restricted in
certain countries either by patents or by copyrighted interfaces, the
original copyright holder who places the Program under this License
may add an explicit geographical distribution limitation excluding
those countries, so that distribution is permitted only in or among
countries not thus excluded. In such case, this License incorporates
the limitation as if written in the body of this License.
**9.** The Free Software Foundation may publish revised and/or new
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**NO WARRANTY**
**11.** BECAUSE THE PROGRAM IS LICENSED FREE OF CHARGE, THERE IS NO
WARRANTY FOR THE PROGRAM, TO THE EXTENT PERMITTED BY APPLICABLE LAW.
EXCEPT WHEN OTHERWISE STATED IN WRITING THE COPYRIGHT HOLDERS AND/OR
OTHER PARTIES PROVIDE THE PROGRAM "AS IS" WITHOUT WARRANTY OF ANY
KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE
IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR
PURPOSE. THE ENTIRE RISK AS TO THE QUALITY AND PERFORMANCE OF THE
PROGRAM IS WITH YOU. SHOULD THE PROGRAM PROVE DEFECTIVE, YOU ASSUME
THE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION.
**12.** IN NO EVENT UNLESS REQUIRED BY APPLICABLE LAW OR AGREED TO IN
WRITING WILL ANY COPYRIGHT HOLDER, OR ANY OTHER PARTY WHO MAY MODIFY
AND/OR REDISTRIBUTE THE PROGRAM AS PERMITTED ABOVE, BE LIABLE TO YOU
FOR DAMAGES, INCLUDING ANY GENERAL, SPECIAL, INCIDENTAL OR
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PROGRAM (INCLUDING BUT NOT LIMITED TO LOSS OF DATA OR DATA BEING
RENDERED INACCURATE OR LOSSES SUSTAINED BY YOU OR THIRD PARTIES OR A
FAILURE OF THE PROGRAM TO OPERATE WITH ANY OTHER PROGRAMS), EVEN IF
SUCH HOLDER OR OTHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGES.
### END OF TERMS AND CONDITIONS
### How to Apply These Terms to Your New Programs
If you develop a new program, and you want it to be of the greatest
possible use to the public, the best way to achieve this is to make it
free software which everyone can redistribute and change under these
terms.
To do so, attach the following notices to the program. It is safest to
attach them to the start of each source file to most effectively
convey the exclusion of warranty; and each file should have at least
the "copyright" line and a pointer to where the full notice is found.
one line to give the program's name and an idea of what it does.
Copyright (C) yyyy name of author
This program is free software; you can redistribute it and/or
modify it under the terms of the GNU General Public License
as published by the Free Software Foundation; either version 2
of the License, or (at your option) any later version.
This program is distributed in the hope that it will be useful,
but WITHOUT ANY WARRANTY; without even the implied warranty of
MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
GNU General Public License for more details.
You should have received a copy of the GNU General Public License
along with this program; if not, write to the Free Software
Foundation, Inc., 51 Franklin Street, Fifth Floor, Boston, MA 02110-1301, USA.
Also add information on how to contact you by electronic and paper
mail.
If the program is interactive, make it output a short notice like this
when it starts in an interactive mode:
Gnomovision version 69, Copyright (C) year name of author
Gnomovision comes with ABSOLUTELY NO WARRANTY; for details
type `show w'. This is free software, and you are welcome
to redistribute it under certain conditions; type `show c'
for details.
The hypothetical commands \`show w' and \`show c' should show the
appropriate parts of the General Public License. Of course, the
commands you use may be called something other than \`show w' and
\`show c'; they could even be mouse-clicks or menu items--whatever
suits your program.
You should also get your employer (if you work as a programmer) or
your school, if any, to sign a "copyright disclaimer" for the program,
if necessary. Here is a sample; alter the names:
Yoyodyne, Inc., hereby disclaims all copyright
interest in the program `Gnomovision'
(which makes passes at compilers) written
by James Hacker.
signature of Ty Coon, 1 April 1989
Ty Coon, President of Vice
This General Public License does not permit incorporating your program
into proprietary programs. If your program is a subroutine library,
you may consider it more useful to permit linking proprietary
applications with the library. If this is what you want to do, use the
[GNU Lesser General Public
License](http://www.gnu.org/licenses/lgpl.html) instead of this
License.
This Is the Most Critical Decade for Your Retirement Savings - sinth.info
According to a recent GOBankingRates survey, 81% of people across all age groups — that is, people age 18 and up — said they have $100,000 or less saved up for retirement. While this is a good start for younger individuals, people who are closer to their retirement years typically need substantially more money to be able to retire comfortably.
While you can start saving up for retirement at any age, the question is: Which decade is the most important when it comes to your retirement savings?
Well, it might come as no surprise that the sooner you can start saving up the better off you’ll be. After all, the earlier you get started, the more your money can grow throughout the course of your working years — and the more financially prepared you’ll be to retire.
GOBankingRates spoke with financial advisors and planners, Kendall Meade (CFP at SoFi) and Kim Gattis (senior vice president and manager of financial planning at UMB Bank) to get their thoughts on the most critical decade for your retirement savings.
Most Critical Decade for Your Retirement Savings: Your 20s
Both Meade and Gattis suggested that the most important time to start saving for retirement is in your 20s.
“It is important to focus on retirement at every decade, but I encourage you to start as soon as possible,” said Meade. “By beginning as soon as possible, you are able to contribute more to your retirement savings, but are also able to grow it more through the power of compounding.”
Gattis added, “While your retirement may not be your top financial priority while you are in your 20s, the financial foundation you build early in your working career is important and sets you up for growing your long-term savings and investments in later years.”
Plus, as Meade pointed out, by starting in your 20s, you won’t need to save up quite as much money to meet your retirement savings goals. If you wait until later in life — even if that’s just your 30s or 40s — you’ll need to increase your savings contributions to be able to “catch up” to you overarching retirement goals.
Although your 20s might be the most critical decade to start preparing for retirement, many people struggle to save up money during this time in their lives. According to the GOBankingRates survey, here are some key insights into people’s retirement savings (ages 18 to 24):
41% have no retirement savings
24% have $1 to $10,000
15% have $10,001 to $25,000
9% have $25,001 to $100,000
11% have $100,001 or more
And here’s how much people in their mid-20s to early 30s have saved up for retirement:
28% have no retirement savings
29% have $1 to $10,000
13% have $10,001 to $25,000
23% have $25,001 to $100,000
7% have $100,001 or more
The Longer You Wait, the More You’ll Need to Save
Even a couple of years can make a big difference when it comes to your retirement savings. So, for those who’ve waited to start setting aside money, they’ll need to calculate the cost of lost time.
“Small delays in saving can have a huge impact on your outcome,” said Meade. “Assuming a 7% return and a starting salary of $75,000 with a 2% increase per year, below are the balances you could have in your retirement account at 50 by contributing 15% beginning at various ages:
Start at 22: $1,014,071
Start at 25: $779,384
Start at 30: $485,936
As you can see from this example, the person starting at age 30 will have less than half the amount of retirement savings as the person who started at 22 — assuming all else but age is equal.
You Should Save 15% of Your Income in Your 20s
If you start saving up in your 20s, it’s generally recommended that you save 15% of your gross annual income. However, you might need to increase this percentage if you want to retire early or if you start later, said Meade.
“You can do [this] in your 401k, an IRA, or even a taxable account for more savings,” said Meade. “In a 401k, the maximum amount you can contribute for 2023 is $22,500 ($30,000 for those over 50). The maximum that you can contribute to an IRA for 2023 is $6,500 ($7,500 for those over 50).”
Your Retirement Savings Goals Should Change As You Get Older
Ideally, your retirement savings goals will shift as you approach your 20s, 30s, 40s, and beyond.
“Planning and saving for retirement is a lifelong process and is complemented by your other financial goals throughout your life,” said Gattis. “Your individual goals and lifestyle choices mean that you may have a different retirement savings plan than someone else, but each decade in your life should include some type of long-term savings.”
In your 20s, Gattis suggested building an emergency fund with 3-6 months’ worth of living expenses. If your employer offers benefits like a 401(k) retirement plan, wellness incentives, or tuition reimbursement, take advantage of these as well.
In your 30s, Gattis suggested paying down any debts and focusing on building and using credit to meet any financial goals or needs you might have. Then, in your 40s, you can start planning out your current and future lifestyle goals — if you haven’t already. The following decades of life before retirement should be dedicated to planning and budgeting for your future retirement.
Ways to Catch Up with Your Retirement Savings
Even if you’re no longer in your 20s and your retirement savings aren’t where you want them to be, don’t fret. There are still ways to catch up or achieve your financial goals.
Here are just a few:
Use tax-deferred or tax-advantaged accounts. “If you have access to accounts, such as HSAs, consider using this as a retirement savings vehicle,” said Meade. Rather than use an HSA to cover healthcare expenses, for example, Meade suggested reinvesting the funds so they can grow tax-free. During retirement, you can then use the money to cover healthcare expenses.
Maximize your retirement account contributions. You can contribute a certain amount of money to your retirement accounts each year, so try to maximize your contributions. “For those who got started saving later, you may need to save more than what you can contribute to retirement accounts,” said Meade. “Any amount that you need to save above those amounts to reach your retirement goals can be invested in a taxable account.”
Make a plan. If you already have a retirement plan, reevaluate it to make sure it still fits with your current savings and long-term goals. If you don’t have a plan, now’s a good time to make one. “One way to establish a sound financial plan is to work with a financial advisor, who can help you not only determine goals but work to make them a reality,” said Gattis.
Save your bonuses and raises. Meade also suggested saving any additional money you receive, such as bonuses or raises. “Raises and bonuses are always viewed as positive, but if they are simply used to increase your standard of living, they actually make it harder to achieve financial freedom,” said Meade. “If you are playing catch up with your savings, it is critical to save most, if not all, of your raises rather than increasing your lifestyle expenses.”