Kia McCallister, director at America Saves, joined Cheddar News to talk about how families and individuals can prepare for retirement, and more specifically, for their long-term care needs. According to the 2022 Planning and Progress Study by Northwestern Mutual, Americans, on average, need at least $1 million to retire comfortably. McCallister talked about a number of affordable and accessible options that are currently available for aging seniors.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
