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Elixinol Wellness Ltd Ordinary Shares (OTC:ELLXD) Stock, Option Chain

Elixinol Wellness Ltd Ordinary Shares

Let's be real—retirement savings can feel like a giant, moving target. You hear numbers tossed around, but what does it actually take to retire comfortably if you're making $100,000, $150,000, or even $200,000 a year? If you&#8217;re <a href="https://www.benzinga.com/personal-finance/25/02/43759794/are-you-a-top-1-earner-heres-what-you-need-to-rake-in-to-be-among-the-richest">earning six figures</a>, you know the lifestyle you want isn't cheap.&nbsp;
Are you on track or is it time to kick your savings into high gear?
Don't Miss:
<ul>
<li>The average 401(k) balance soars to a record-breaking high – <a href="https://www.benzinga.com/money/average-401k-balances-soars-to-record-high">Here's how to know if your nest egg is keeping pace.</a></li>
<li>Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a></li>
</ul>
<h2 class="wp-block-heading">Retirement Savings Benchmarks for High Earners</h2>
<a href="https://www.edwardjones.com/us-en/market-news-insights/investor-education/investment-age/average-retirement-savings-age">According to Edward Jones</a>, here are generalized retirement savings goalposts based on age and salary:
Ages 40-44:
<ul>
<li>$100,000 salary: $245,000 &#8211; $420,000</li>
<li>$150,000 salary: $490,000 &#8211; $795,000</li>
<li>$200,000 salary: $810,000 &#8211; $1,255,000</li>
</ul>
Ages 45-49:
<ul>
<li>$100,000 salary: $450,000 &#8211; $565,000</li>
<li>$150,000 salary: $840,000 &#8211; $1,040,000</li>
<li>$200,000 salary: $1,325,000 &#8211; $1,615,000</li>
</ul>
Ages 50-54:
<ul>
<li>$100,000 salary: $500,000 &#8211; $735,000</li>
<li>$150,000 salary: $920,000 &#8211; $1,320,000</li>
<li>$200,000 salary: $1,430,000 &#8211; $2,025,000</li>
</ul>
Ages 55-59:
<ul>
<li>$100,000 salary: $775,000 &#8211; $930,000</li>
<li>$150,000 salary: $1,385,000 &#8211; $1,650,000</li>
<li>$200,000 salary: $1,815,000 &#8211; $2,500,000</li>
</ul>
Ages 60-65:
<ul>
<li>$100,000 salary: $845,000 &#8211; $1,205,000</li>
<li>$150,000 salary: $1,490,000 &#8211; $2,110,000</li>
<li>$200,000 salary: $2,260,000 &#8211; $3,170,000</li>
</ul>
Trending: Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.
<h2 class="wp-block-heading">Understanding These Numbers</h2>
<ul>
<li>$100,000 Earners: By 40, aim to have saved at least 2.5 times your salary, increasing to 12 times or more by 65.</li>
<li>$150,000 Earners: By 40, target around 3.3 times your salary, reaching 14 times or more by 65.</li>
<li>$200,000 Earners: Expect to have 4 times your salary saved by 40, growing to 16 times or more by 65 to maintain your high-income lifestyle.</li>
</ul>
<h2 class="wp-block-heading">Strategies to Stay on Track</h2>
Financial guru Dave Ramsey provided some investment options for high-income earners in a&nbsp; Ramsey Solutions <a href="https://www.ramseysolutions.com/retirement/investment-options-for-high-income-earners">blog post</a> back in October. Some of the options mentioned where:&nbsp;
<ol>
<li>Maximize Retirement Contributions: Utilize tax-advantaged accounts like 401(k)s and IRAs. For 2025, the contribution limits are $23,000 for 401(k)s and $7,000 for IRAs, with additional catch-up contributions if you're 50 or older.</li>
<li>Explore Backdoor Roth IRAs: High-income earners often exceed the income limits for direct Roth IRA contributions. However, a backdoor Roth IRA allows you to convert a traditional IRA into a Roth IRA, enabling tax-free growth and withdrawals in retirement. </li>
<li>Consider Health Savings Accounts (HSAs): If you have a high-deductible health plan, an HSA offers triple tax advantages: contributions are tax-deductible, growth is tax-free, and withdrawals for qualified medical expenses are tax-free. </li>
<li>Invest Beyond Traditional Accounts: Taxable brokerage accounts, real estate, and other assets can provide additional growth and income streams.</li>
<li>Monitor Lifestyle Inflation: Maintain a balance between enjoying your income and saving for the future. Avoid unnecessary lifestyle upgrades that can impede your savings goals.</li>
<li>Plan for Healthcare Costs: Healthcare can be a <a href="https://www.benzinga.com/personal-finance/24/12/42712291/438-billion-in-savings-and-335000-lives-what-it-would-cost-the-u-s-to-implement-universal-health-care">significant expense in retirement</a>. Consider long-term care insurance and continue contributing to HSAs to prepare for these costs.</li>
<li>Seek Professional Guidance: Regular <a href="https://www.benzinga.com/money/are-you-rich">consultations with a financial advisor</a> can help tailor your investment strategies to your goals and keep you informed about changes in tax laws and investment opportunities.</li>
</ol>
Achieving a comfortable retirement requires proactive planning, especially for high earners. By setting <a href="https://www.benzinga.com/personal-finance/25/02/43473640/can-you-guess-the-average-retirees-net-worth-surprisingly-it-tends-to-skyrocket-during-retirement">clear savings targets</a> and exploring various investment avenues, you can work towards a financially secure future. Remember, the earlier you start and the more consistently you save and invest, the better positioned you'll be to enjoy your retirement years.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a></li>
<li><a href="https://www.benzinga.com/money/millionaires-never-earned-six-figures-according-to-dave-ramsey">69% of Millionaires Never Earned A Six-Figure Salary – Here Are 2 Things They Do To Get Their First $1 Million, According To Dave Ramsey</a></li>
</ul>

Personal Finance

Making Over $100,000 A Year? Here's How Big Your Retirement Nest Egg Should Be In Your 40s, 50s, And 60s If You Want To Retire Rich

- Reuters Citing Court Decision/ G1 Website

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Canaccord Genuity analyst Joseph Vafi maintains Block (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>) with a Buy and lowers the price target from $120 to $100.

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Canaccord Genuity Maintains Buy on Block, Lowers Price Target to $100

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New name incorporates the brand equity of the company's largest brand, supports strategy to expand in live social shopping
Qurate Retail, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRTEA#NASDAQ">QRTEA</a>, QRTEB, QRTEP))) has officially changed its name to QVC Group, Inc. ("QVC Group" or the "company"). The new name incorporates the brand equity of the company's largest brand and supports QVC Group's growth strategy to expand into a live social shopping company. QVC Group, Inc. is a Fortune 500 company with six leading retail brands – QVC&#xAE;, HSN&#xAE;, Ballard Designs&#xAE;, Frontgate&#xAE;, Garnet Hill&#xAE; and Grandin Road&#xAE;. On Monday, February 24, the company's stock will start trading under the new stock symbols "QVCGA", "QVCGB" and "QVCGP."

QRTEA

QRTEB

QRTEP

Qurate Retail Officially Becomes QVC Group; On Monday, February 24, The Company's Stock Will Start Trading Under The New Stock Symbols "QVCGA", "QVCGB" And "QVCGP"

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Jones Trading Maintains Buy on Greystone Housing Impact, Maintains $15 Price Target

Expedia Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) has outperformed the market over the past 15 years by 3.5% on an annualized basis producing an average annual return of 15.34%. Currently, Expedia Group has a market capitalization of $25.26 billion. 
Buying $1000 In EXPE: If an investor had bought $1000 of EXPE stock 15 years ago, it would be worth $8,849.37 today based on a price of $196.81 for EXPE at the time of writing.
<h3>Expedia Group's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1740172510_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

EXPE

Here's How Much You Would Have Made Owning Expedia Group Stock In The Last 15 Years

As previously disclosed in a Current Report on Form 8-K filed by TransMedics Group, Inc. (the "Company") on September&nbsp;5, 2023, a Current Report on Form 8-K filed by the Company on September&nbsp;12, 2023, a Current Report on Form 8-K filed by the Company on September&nbsp;22, 2023, a Current Report on Form 8-K filed by the Company on November&nbsp;13, 2023, a Current Report on Form 8-K filed by the Company on December&nbsp;19, 2023, a Current Report on Form 8-K filed by the Company on January&nbsp;2, 2024, a Current Report on Form 8-K filed by the Company on January&nbsp;29, 2024, a Current Report on Form 8-K filed by the Company on February&nbsp;6, 2024, a Current Report on Form 8-K filed by the Company on March&nbsp;12, 2024, a Current Report on Form 8-K filed by the Company on July&nbsp;2, 2024, a Current Report on Form 8-K filed by the Company on July&nbsp;29, 2024, a Current Report on Form 8-K filed by the Company on September&nbsp;11, 2024, a Current Report on Form 8-K filed by the Company on December&nbsp;9, 2024, and a Current Report on Form 8-K filed by the Company on January&nbsp;14, 2025 (together, the "Prior Reports"), TransMedics, Inc. (the "Buyer"), a Delaware corporation and wholly-owned subsidiary of the Company, acquired 20 fixed-wing aircraft (collectively, the "Prior Acquisitions") as more specifically described in the Prior Reports.
Subsequently, on February&nbsp;20, 2025, the Buyer acquired a fixed-wing aircraft from Ocean Select Seafood, L.L.C. for a purchase price of approximately $14.3&nbsp;million (together with the Prior Acquisitions, the "Acquisitions"). The Company intends to use each of the 21 aircraft it has acquired to date to transport donor organs as part of the services offered under the Company's National OCS Program, and for purposes of this Current Report on Form 8-K the Company considers the Acquisitions to be a series of related transactions with respect to the acquisition of a fleet of aircraft for use in the Company's National OCS Program.

TMDX

TransMedics Acquires Fixed-Wing Aircraft From Ocean Select Seafood For $14.3M; Total Of 21 Aircraft To Transport Donor Organs For National OCS Program

Barrington Research analyst Gary Prestopino maintains Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) with a Outperform and maintains $25 price target.

Barrington Research Maintains Outperform on Openlane, Maintains $25 Price Target

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