Daily Money: More stimulus checks on the way; J.C. Penney store closings update; COVID vaccines
Good morning, Daily Money team, it's Nathan Bomey welcoming you to Thursday. Chrissy Teigen abruptly quit Twitter yesterday. Should you?
💰 Hey, Daily Money is our regular Paste BN roundup of all things personal finance, business and tech. If you're not yet subscribed, it's free, so sign up here.
💡 INSIGHT OF THE DAY: Factoring in projected inflation is critical when planning for retirement. For example, what you could have bought in 1989 for $500,000 ended up costing more than $1 million in 2019. Here are four things to consider when planning your retirement savings withdrawal rate.
📰 Here are our top stories:
1. Another 37 million stimulus checks are on their way. Have you gotten yours yet? Here's how to check on the status of your payment.
2. Would you get a COVID-19 vaccine from your dentist? They're not just "drillers and fillers" anymore. Check out my story on how dentists are joining the COVID vaccine rollout.
3. A bunch of J.C. Penney stores are delaying their planned closure following the retailer's bankruptcy filing. Is your store on the list?
4. Will your Social Security benefits be taxable? These two factors are key.
5. Did you know there's a public profile of your Amazon account? Here's how to fix that.
6. Ford found $100,000 in leather in the basement of a facility it's demolishing in Michigan. Turns out the material was left over from a stash used to make seats for concept vehicles.
Excuse me while I go check the basement for spare leather.
--@NathanBomey