Locust Valley, New York--(Newsfile Corp. - December 23, 2025) - Two Hands Corporation (CSE: TWOH) (OTCID: TWOH) ("Two Hands" or the "Company") is pleased to announce it has taken steps to improve its balance sheet by eliminating external debt in the amount of US$2,352,304 by the issuance of 724,257,560 common shares of Two Hands. This debt elimination completes the total extinguishment of all legacy debt existing since the change of control of the Company on December 30, 2024.Emil Assentato, CEO of Two Han ...

Core Insights - The "Spending Smile" analogy illustrates retirement spending patterns, showing a decrease at the beginning, stability in the middle, and an increase due to medical expenses towards the end of life [1][2] Group 1: Planning Strategies - Focus should be on planning for the first and last phases of retirement rather than the middle "dip" [3] - In the first phase, retirees are encouraged to spend on experiences and activities while in good health [4] - Long-term strategies are essential to ensure funds are available for end-of-life expenses, including deferred annuities and life insurance with long-term care riders [5] Group 2: Economic Considerations - Inflation is a critical factor that can affect retirement budgeting, necessitating a strategy that accounts for all income and expenses [6] - Retirees should aim to be debt-free or have a plan to eliminate debt before retirement, as this will provide necessary capital during retirement years [7]

Core Insights - The article emphasizes the importance of establishing a steady saving habit and making informed financial decisions to enhance retirement savings, particularly aiming for a million-dollar nest egg [1][2][3] Savings Strategies - Maximizing contributions to tax-efficient savings plans like 401(k) and Roth IRA is crucial, with a recommended monthly savings rate of at least 10% to improve retirement outcomes [2][3] - The average personal savings rate in the U.S. was reported at 4.6% as of mid-2025, indicating that most Americans are saving less than $1 for every $20 in disposable income [3][4] Retirement Account Statistics - Only 4.6% of American households had over $1 million in retirement accounts, highlighting the challenge of achieving significant retirement savings [5] - Among older Americans aged 55 to 64, 9.2% had $1 million or more in retirement accounts, while the median retirement savings across all households was only $88,000 [4][5] Investment Strategies - Passive investing in low-cost index funds has gained popularity, with Vanguard's S&P 500 ETF delivering an annualized return of 13.62% since 2015, slightly above the historical average of over 10% [9][10] - A consistent investment strategy, combined with a 10% annual savings rate on a $70,000 salary, could lead to a $1 million retirement fund within 29 years [10][11] Debt Management - Reducing debt is essential for achieving a comfortable retirement, as nearly half of American seniors carry credit card debt, with high-interest rates complicating financial stability [14][15] - Homeowners can leverage home equity to manage debt, with the average homeowner sitting on approximately $311,000 in equity as of Q3 2024 [18][19]

Core Viewpoint - Banzai International, Inc. has executed a payoff and debt conversion agreement that will eliminate approximately $4.8 million of senior secured debt, thereby strengthening its balance sheet [1][2][3] Debt Elimination Agreement - The agreement involves converting the remaining balance of senior secured debt into Class A common stock, which includes both the principal and accumulated interest [2] - Prior to this agreement, Banzai had already repaid around $5.3 million of the senior secured debt, and this new agreement aims to eliminate the remaining debt ahead of its maturity date in February 2027 [3] Financial Strategy and Impact - The debt elimination initiative is part of a broader strategy to enhance financial flexibility and long-term growth for the company [3] - The CEO of Banzai stated that the conversion reflects confidence in the company's vision and will support growth in self-service subscribers, enterprise expansion, and customer retention [4] Company Overview - Banzai is a marketing technology company that provides AI-enabled marketing and sales solutions, serving over 140,000 customers including notable companies like RBC and Dell Technologies [5]

Core Insights - Most Americans face challenges in making wise investments, but following six simple steps can significantly improve their financial future [1][2] Group 1: Investment Strategies - Maximize 401(k) Match: Employees should contribute enough to their 401(k) to receive the full employer match, which is essentially free money. For example, a $100,000 salary with a 100% match up to 5% means contributing $5,000 and receiving an additional $5,000 from the employer [3][4] - Eliminate High-Interest Debt: Prioritizing the payment of high-interest debts, such as credit card debt, can yield significant returns. For instance, paying off a card with a 26.99% APR provides an instant return on investment [4] - Open a Roth IRA: In addition to a 401(k), individuals should consider opening a Roth IRA to enhance their retirement savings. The contribution limit for 2025 is $7,000, with an additional $1,000 catch-up contribution for those aged 50 and over [5] Group 2: Additional Contributions and Accounts - Increase 401(k) Contributions: After maximizing the employer match and addressing high-interest debt, individuals should contribute more to their 401(k). The contribution limit for 2025 is $23,500 [6] - Utilize Health Savings Accounts (HSA): Contributing to an HSA is recommended due to its triple tax benefits, which include tax-deductible contributions, tax-free growth, and tax-free withdrawals, making it a powerful investment tool [7][8]