ON THE LIST OF ACTIVITIES THAT FORM our carbon footprint, from air-conditioning to eating meat, air travel is near the top. Short of refusing to fly— as Greta Thunberg, the Swedish teen activist, did when she traveled from England to New York in a carbon-neutral sailboat—you can pay a third party to plant trees, destroy methane or build wind turbines in a bid to counterbalance the damage your flight has done to the environment.
Carbon-offset sellers will calculate your carbon footprint, whether you travel by bus, car, plane or train, and translate the tons of carbon dioxide emissions triggered by your trip into a dollar figure that can help fund carbon-reducing or carbon-prevention projects around the world.
Buying carbon offsets is not expensive, especially for short hops. But figuring out how effective your purchase is isn’t easy.
Different shades of green.
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The Virtues of Volunteering
My column on fulfilling ways to spend retirement (“Living in Retirement,” April) continues to generate inspirational responses from readers, many of whom have sung the praises of volunteering. You also volunteered the names of additional service groups that you have found rewarding. I’ll cite a number of them for those of you in search of a cause that strikes a chord.
The Benefits of Working Longer
Delaying retirement for a couple of years—or even a few months— is the most effective way to improve your retirement security.
Finally, on the Brink of Dow 36,000
In early 1998, my American EnterpriseInstitute colleague Kevin Hassett, a well-credentialed academic who would later become chairman of the Council of Economic Advisers during the Trump administration, came to me with an idea. Over the previous three-fourths of a century, stocks had returned an annual average of about 11% and government bonds 5.5%.
Limit Losses With These ETFs
The catch: You’ll give up some gains in return.
BET ON INFRASTRUCTURE STOCKS
On the heels of a $1.9 trillion COVID relief bill, President Joe Biden has unveiled a major infrastructure initiative that would spend $2 trillion over eight years, financed in part by an increase in corporate tax rates from 21% to 28%.
Get Dividends Every Month
One way for income-hungry investors to keep cash flowing is to assemble a portfolio that shells out dividends every month.
Earn Up to 10% on Your Money
Yields are beginning to lift off. We found great deals for every level of risk.
How to Surf the Net More Safely
To help you fight identity theft, consider adding a VPN.
Tap Home Equity for Extra Income
Home is where the heart is, but it’s also a source of regular income for many retirees.
THE COMPLETE GUIDE TO CAR RENTALS
Get up to speed on how to snag a deal and avoid pesky fees.