France to add illegal drugs to GDP calculation, but not prostitution

France’s national statistics bureau will now add illegal drug sales when measuring its GDP in adherence with EU rules. It still falls short of full compliance though, as it requires counting in prostitution too. The National Institute of Statistics and Economic Studies (Insee) said it will partly yield to Eurostat regulations aimed at harmonizing the […]

There’s a simple calculation to determine how much you need to have saved before you can retire

Retirement can be an endless summer. If Saturday beach trips and golf games have you dreaming about walking away from your 9-to-5 for good, there’s a simple way to calculate how much you need to save to make it happen: Your desired retirement income ÷ 4% = How much money you need to retire For example, if your […]