Highly Paid Millennial Women - Investment Strategies

Want to Retire Rich? Here Are Strategies You Can Deploy at Any Age Whether your workforce exit is three decades away or coming up next year, these tips can help This week, I’m alerting your attention to one of the most helpful financial tools I’ve come across in a long time. It’s a year-by-year guide to retiring rich — whether you’re at the beginning of your career or nearing the end. What I like about this retirement playbook, by my colleagueSuzanne Woolley, is that it’s realistic, takes age into account and is just a delight to read. Are you 30 years old? Take some risks in your asset mix and don’t feel pressured to sock away everything you’ve got. In your 40s? Protect your earnings potential, which is your greatest asset, and get smart about asset allocation. Or fast-forward to a year before retirement. At this point, you’re going to want to finish strong — making plans for Medicare, building a retirement “paycheck” and plotting out your withdrawal strategy. P.S. Send questions about your own financial dilemmas [email redacted]. We may get expert answers for you, and feature your question and the answer in an upcoming newsletter. Wealth Gains The biggest gainers and losers on theBloomberg Billionaires Indexover the past week through close of trading Wednesday: Elon Muskgained the most in dollar terms. The chief executive of Tesla clocked a $35 billion gain, bringing his current worth to $658.4 billion. Musk owns about 11% of Tesla. Shares in the company were up some 14% on the week. Michal Strnadlost the most in dollar terms. Strnad is the majority owner and chairman of Czechoslovak Group, a defense-sector company that produces military equipment. His fortune is derived from his majority stake in the firm, whose shares were down some 14% on the week. Real Estate Watch Boehly’s Eldridge Signs Office Lease on NYC’s Billionaires’ Row Todd BoehlyPhotographer: Lam Yik/Bloomberg Todd Boehly’s Eldridge Industries is leasing space on Billionaires’ Row in Manhattan as tenants continue to show demand for high-end offices. Eldridge, based in Miami, is taking roughly 20,000 square feet (1,858 square meters) at 125 W. 57th St., according to people with knowledge of the transaction. The new 30-story tower was co-developed by Cain, an investment manager backed by Eldridge. Know Anyone Who...? This week, we’re looking to speak with highly paid millennial women. We want to hear about your investment strategies. If this is you,send us an email. Some of our best journalism at Bloomberg Wealth comes from your own stories and we want to hear from you, your friends or clients. Please [email redacted] you’d like to get in touch.