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Europe Pushes Back Against Carry-On Bag Fees

Europe Pushes Back Against Carry-On Bag Fees

Bloomberg6 days ago
Airports in summer are a tale of two travelers: the seasoned business people, who have their trip down to a science, and the occasional vacationers, who do not. Aviation reporter Kate Duffy writes today about protecting those in the latter group against fees charged by budget airlines for bags that exceed their rules. Plus: Scottish wind farms overcome Nimbyism, and the European Union strikes a deal with Trump.
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'We Can Keep Paying It, But Should We?' Why One Colorado Couple Wants To Cancel Their Homeowners Insurance
'We Can Keep Paying It, But Should We?' Why One Colorado Couple Wants To Cancel Their Homeowners Insurance

Yahoo

time21 minutes ago

  • Yahoo

'We Can Keep Paying It, But Should We?' Why One Colorado Couple Wants To Cancel Their Homeowners Insurance

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Homeowners insurance is usually seen as a necessary expense for protecting one's biggest investment. But for some, the rising cost has raised a tough question: Is it worth it to keep paying? A Colorado Couple's Dilemma A couple in Colorado recently shared their frustration on Reddit about their homeowners insurance bill skyrocketing to more than $7,200 a year — an increase that felt hard to swallow, even with a fully paid-off home. They asked the online community: "We can keep paying it, but should we?" With no mortgage or loans against their house, they feel caught between financial pressure and the risk of going without coverage. They admit that if their home were destroyed, they couldn't afford to rebuild it. Renting in their area would likely cost between $2,500 and $3,000 a month, adding another financial strain. Shop Top Mortgage Rates A quicker path to financial freedom Personalized rates in minutes Your Path to Homeownership Don't Miss: Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Why Are Insurance Costs Rising? According to CBS News, Colorado is facing some of the highest homeowners insurance premiums in the country. The state ranks second nationwide for hail insurance claims and for the number of homes located in high-risk wildfire areas. This combination pushed average premiums up more than 50% between 2019 and 2022, especially after wildfires like the East Troublesome and Marshall Fires. "We are in the hardest market in a generation for property insurance," Carole Walker, executive director of the Rocky Mountain Insurance Association, told CBS News. She explains that more people live in wildfire-prone areas than before, and "record-breaking catastrophes" are becoming more common. The Reddit couple isn't alone in these rising costs. For homeowners, like Melinda Endres of Broomfield, this has meant a sharp increase in bills, with some monthly payments jumping by nearly $440. Trending: $100k+ in investable assets? – no cost, no obligation. The Risks of Canceling Insurance Many commenters on the Reddit thread and insurance experts caution against simply canceling homeowners insurance. One Reddit user, who is both a former insurance producer and a lawyer, warned: "Do not go without homeowners insurance!" Others shared stories of people who dropped their coverage only to face disasters they couldn't financially recover from. Insurance doesn't just protect the physical structure — it can cover liability issues such as injuries on the property or damage caused to neighbors, which can lead to costly lawsuits. How Some Are Coping Experts suggest shopping around and comparing insurance quotes to find a better deal. Increasing deductibles, bundling home and auto policies, and adjusting coverage to reflect the actual value of the home rather than an inflated replacement cost are all ways to manage premiums. LendingTree reports that 13.6% of U.S. homes are uninsured, leaving millions vulnerable. "Insurance has become more expensive and harder to get in recent years," says Rob Bhatt, a home insurance expert at LendingTree. "This is putting people just one disaster away from losing the physical and financial security their home provides." , Should You Cancel? For many homeowners, canceling insurance is a gamble. While the upfront cost savings may seem tempting, the potential financial fallout from disasters, liability claims, or unexpected damages can be devastating. If insurance premiums rise to unaffordable levels, it may be worth exploring options like high-deductible plans or seeking state-backed insurance programs designed to help high-risk properties. As the situation evolves, experts encourage homeowners to carefully weigh their risk tolerance, financial situation, and local hazards before making a decision. Read Next: With Point, you can Image: Shutterstock This article 'We Can Keep Paying It, But Should We?' Why One Colorado Couple Wants To Cancel Their Homeowners Insurance originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Experts Share How Much Savings You Really Need To Retire in Florida
Experts Share How Much Savings You Really Need To Retire in Florida

Yahoo

time21 minutes ago

  • Yahoo

Experts Share How Much Savings You Really Need To Retire in Florida

Florida is one of the most popular retirement destinations in the U.S., and for good reason. But how much do you actually need to retire comfortably in the Sunshine State? Read Next: Learn More: According to experts, how much you need depends on your lifestyle, location, longevity and other factors. Here's what they had to say. Also see a big money-saving opportunity that Florida retirees could be missing. How Much You Need To Retire in Florida 'We instruct our students and clients when planning for a successful retirement to focus on four L's: liquidity, lifestyle, longevity and legacy,' Myles McHale, accredited investment fiduciary and instructor at Cannon Financial, wrote in an email. 'Retiring in Florida can be possible and a dream come true — but how much you'll need depends on all of these factors. In addition, we can add one more L factor into the mix: Location.' 'The cost of living in Florida is more expensive than in other states when you factor in property taxes, insurance costs and the risk of hurricanes and flooding. All of these impact your needs in retirement,' said Alex Astin, a financial advisor with Burns Estate Planning in Florida. How much you spend can greatly impact your retirement too. 'How much you spend matters significantly more than how much money you have saved for retirement,' Astin said. It also depends on whether you have any existing debt and how much. 'If there is no debt on the books the true cost of retiring comfortably may not be as much as one would imagine,' Kevin Chancellor, a financial advisor and certified Social Security claiming strategist at Black Lab Financial Services, located in Florida, wrote in an email. According to McHale, the estimated annual retirement cost in Florida can run from a modest $5,000 to $6,500 per month to well over $25,000 in monthly spending. He recommended saving enough to replace 70% to 80% of pre-retirement income for a comfortable retirement. For someone targeting $75,000 to $80,000 in annual expenses over a 20-year retirement, McHale noted that a savings goal of around $1.6 million could be a reasonable benchmark, particularly in areas like Orlando. 'Should you aim for a modest retirement, areas like Ocala, Lakeland or The Villages, these areas offer lower costs yet great amenities,' he added. Check Out: How To Financially Prepare for Retirement in Florida A successful retirement starts with a plan and realistic expectations. To make sense of how much you'll need, it's helpful to break retirement into three lifestyle tiers: modest, average and upscale. 'Each has a different cost, and each requires a different mix of income from Social Security, pensions, IRAs, 401(k)s or other assets,' Chancellor explained. When talking to clients about expenses, Astin asks his clients how much they're spending entering retirement on things like groceries, insurance, gas and electric bills, and travel. 'You don't want to have to reduce your expenses in your golden years, which is another factor in determining how much money each individual needs to retire comfortably,' Astin explained. According to Astin, it's better to plan for higher costs than expected. 'This gives retirees breathing room if things end up being more expensive,' he added. McHale also recommended renting before buying. 'We recommend to 'try before you buy.' You have the opportunity to rent in several locations to make sure both the feel as well as the expense are the right fit for you and your family before purchasing a home,' McHale explained. 'Look for a community with good healthcare, social activities and a cost of living that fits your budget.' More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 How Much Money Is Needed To Be Considered Middle Class in Your State? Clever Ways To Save Money That Actually Work in 2025 This article originally appeared on Experts Share How Much Savings You Really Need To Retire in Florida Sign in to access your portfolio

There's a New All-Inclusive Luxury Resort in a Tiny Town in Georgia—Where Wellness and Food Take Center Stage
There's a New All-Inclusive Luxury Resort in a Tiny Town in Georgia—Where Wellness and Food Take Center Stage

Travel + Leisure

time22 minutes ago

  • Travel + Leisure

There's a New All-Inclusive Luxury Resort in a Tiny Town in Georgia—Where Wellness and Food Take Center Stage

Before I arrived at Quercus, a resort in the 129-person town of Gay, Georgia, I thought I had a decent idea of what I could expect. I was prepared to compare it to other high-end Southern properties—The Swags and the Old Edwards Inns of the world. I figured it would be thoughtful and well-executed, somewhere I'd feel comfortable recommending even to the most discerning of travelers. While those initial assumptions were accurate, it's difficult, if not impossible, to juxtapose Quercus with any other resort in the South. Yes, the standalone cabins are reminiscent of those at North Carolina's Cataloochee Ranch, and the focus on nourishing guests with farm-fresh ingredients is akin to the ethos of Tennessee's Blackberry Farm. The quality of the linens, the surprise-and-delight moments (like a Hatch sound machine beside the bed), and the number of cozy reading corners are equivalent to those associated with five-star resorts, like Montage Palmetto Bluff or Sea Island. I could even argue that there are elements to the wellness offerings that feel on brand for Miraval Austin. A lounge library. Lydia Mansel/Travel + Leisure But the truth is, Quercus is unprecedented in identity and presentation. It's a unique concept, one helmed by Chiara Visconti di Modrone and her husband Angelos Pervanas, who are deeply passionate about their roles as stewards of the land and developing a restorative retreat that blends 'traditional ranch culture and Southern hospitality with a European flair.' Together with chef Ryan Smith and Kara Hidinger, owners of Staplehouse, a Michelin-starred restaurant in Atlanta, they've built an all-inclusive resort that left me with a newfound understanding of my health, a deeper appreciation of a good night's sleep, and the realization that there's a difference between relaxation and restoration (though I experienced both during my two-night stay). Located about an hour south of Hartsfield-Jackson, the 3,800-acre property—filled with pecan groves, pastures, forests, and lakes—is rooted in Visconti di Modrone's family history. The land was purchased by her parents, an Italian duke and duchess, in the late 1970s. For the last few decades, it's served as a hunting reserve, a working farm, and a cattle and horse ranch. It wasn't until the pandemic, when Visconti di Modrone and Pervanas began discussing regenerative farming with Hidinger and Smith, that this idea of an overnight retreat began to form. Guests sitting around a fire pit. Opened in the fall of 2024, 'the World of Quercus,' composed of four guest cabins, a biodynamic vegetable garden, a farm-to-table restaurant, a restored farmhouse, and endless ways to enjoy the outdoors, is the type of destination that has the ability to shift into whatever type of retreat you need. Visconti di Modrone and Pervanas hope that their guests leave feeling 'nurtured and re-energized, both physically and mentally,' and they've provided multiple ways to achieve that goal. Whether you book a one-on-one holistic wellness consultation with Visconti di Modrone (who also founded the company Intuitas Integrative Wellness), indulge in an in-suite massage, test your hand-eye coordination at a nearby sporting clay course, or enjoy a leisurely lunch on your oversized porch swing prepared fresh by Smith himself, it's impossible to drive away from the property in the same headspace as when you arrived. Read on for my full review of Quercus. The four residential-style guest cabins, or 'suites,' are impeccably designed for a restful getaway, and touches include circadian lighting, organic mattresses, and wood-burning stoves. Guests can explore the expansive property on foot or by all-terrain golf cart; a ride through the pecan grove at golden hour is a must. Food takes center stage at Quercus, with a dining program steered by chef Ryan Smith and kitchen stocked by the sustainably farmed garden. With 'Quercus' being the Latin name for 'oak,' it's no surprise to learn that the four guest cabins, ranging from one to two bedrooms, share a nature-inspired naming system. Cypress, Ember, Naya, and Sylva are all designed by Tammy Connor, but there's a shared throughline of bespoke elegance and sheer comfort, accented by books, artwork, and other furnishings and heirlooms owned by the Visconti di Modrone family (some pieces even date back to the Crusades). The cabins are as spacious as they come. Each one is tucked into its own little private nook on the property, which guests access via an all-terrain golf cart; you're basically staying in your own home-away-from-home, as clichéd as the phrase may be. There's an outdoor fireplace and indoor wood-burning stove in the living room with all the necessary materials and tools to light them, a wraparound porch, a kitchenette and dining area, a powder room, a master bedroom outfitted with blackout curtains, and an ensuite bathroom with a soaking tub and a walk-in shower. Every inch of the space, from the organic mattresses to the cupboards stocked with homemade snacks and a selection of herbal teas, anticipates the needs of the guests. The coffee maker comes with detailed instructions, the bath towels are plentiful, and you even get a little pouch of sunscreen and lip balm you can take with you at the end of your stay. There's no TV, but you won't miss it. If you do need to check in with the outside world, there's strong WiFi at your disposal. When asked about their vision for Quercus, Visconti di Modrone and Pervanas mentioned creating a 'high-level culinary experience that nurtures the body.' Chef Smith and Hidinger have brought that idea to fruition, developing an innovative food and beverage program that leverages local ingredients and the fruits of the garden to fuel guests throughout their stay. All meals are included in the nightly rate, and there are a variety of ways to enjoy the delicacies prepared by Smith and his team. Breakfast can be hand-delivered to your suite, and you can opt for a picnic lunch for on-the-go convenience. Don't expect standard eggs-and-bacon or sandwich-and-an-apple combinations, though. Whatever is growing in the garden inspires Smith's menus. And, given the limited number of guests on property at any given time, it feels as if he's whipped up your own personal gourmet spread, all made with any dietary restrictions in mind. You can also choose to take meals or grab an afternoon cocktail inside The Main Cottage, a restored farmhouse complete with a charming library and porch, that sits next to Uberto, Quercus' 30-seat farm-to-table restaurant named after Visconti di Modrone's late father. Uberto's multi-course tasting menus are devised by Smith and offered exclusively on Fridays and Saturdays. The exact makeup of the meal is dynamic, but it's clear Smith has perfected the art of impressing his guests both visually and gustatorily. One dinner at Uberto is included in your stay; other dinners, while not as extravagant, are equally entertaining (and delicious). The signature chef-guided hotpot experience, which I cannot recommend enough, is the perfect introduction to the type of inventive, ingredient-forward cuisine Quercus is adamant on serving. On the night of my arrival, Smith and Hidinger welcomed me to my suite, armed with platters of rice, kimchi, broth, and greens and other vegetables. The type of individualized service you can expect from the culinary side of things is also reflected in other areas of the Quercus experience. Ahead of your arrival, you'll receive an email asking you to share your preferences for your itinerary. Available activities include guided fishing or kayaking on the Flint River, an educational tour of the on-site biodynamic farm, rucking (hiking around the property with a weighted backpack), clay shooting, and liberty training with horses. I opted for the latter two, spending one morning maneuvering through the courses at neighboring Big Red Oak Plantation and an afternoon learning the ins and outs of bonding with horses. The activity that had the biggest impact on me, however, was my consultation with Visconti di Modrone. After losing her brother to cancer and her parents soon after, she immersed herself in the world of nutrition and preventative health. The journey led her to develop The Visconti Method, a 12-week program to 'empower women living with the fear of cancer.' She and I spoke about my own health concerns and goals, and we touched on food and sleep and the role they play in wellness, particularly for women. As a travel writer on the road multiple times a month, I find it difficult to eat in-season and prioritize sleep all the time, but with her approachable, actionable advice, I left our session feeling empowered and excited to review my personalized health plan she developed. Visconti di Modrone and Pervanas are looking forward to 'creating a wellness program that aligns with [their] ways of living off the land,' with plans to begin construction on a separate spa—featuring a sauna, cold plunge, and massage rooms—this coming fall. For now, guests have the option to book an in-suite massage or private yoga session. The Main Cottage and Uberto are wheelchair accessible, but the completion of the ADA-compliant suite has been delayed. Sustainability and eco-conscious efforts play a significant role at Quercus. The property mostly uses solar power, and Visconti di Modrone and Pervanas shared with Travel + Leisure , 'all aspects of growing our food and livestock, including compost production, minimizing plastic, and food preparation (where, for example, every component of the plant is used),' are sustainably-minded as well. Quercus is a 16-and-up property. While there are no teen-specific activities, the team can certainly help design an itinerary that keeps younger guests entertained. The small town of Gay is located 3 miles east of the Flint River and about 53 miles south of downtown Atlanta. Outside of Quercus, its main attraction is Towerhouse Farm Brewery, a taproom and biergarten that's just a short walk from the resort. All meals and snacks, beverages (both alcoholic and non-alcoholic) in the suites, and certain activities and gratuities are included in the rate. Check-in is only available Thursday through Sunday, with a minimum stay of one night and a maximum stay of four nights. Keep in mind, Quercus is closed during the summer months, from the beginning of June until early September. Nightly rates at Quercus are $1,350 per person. Every T+L hotel review is written by an editor or reporter who has stayed at the property, and each hotel selected aligns with our core values.

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