Five Key Tips for Maximizing Your Retirement Savings Potential; Charting a Unique Career Path: Embracing Diversity, Adaptability, & Impact; And More
Ryan Patel
Global Business Executive | Board Director | CNN Contributor | Keynote Speaker | Webby Award Nominee | Host of "The Moment with Ryan Patel" Filmed at The HP Garage | Making Complex Topics Simple | LinkedIn Top Voice |
Welcome to?"Ryan is Curious" Headlines,?your monthly roundup of conversations that piqued my interest across all topics and industries.?Don't forget to?subscribe?and?click the????bell?icon?on?my profile?to ensure you don't miss anything! Let's jump right into it:
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Novo Nordisk's Remarkable Impact on Denmark's Economy
What are your thoughts on the role of innovation in propelling the healthcare and pharma industries forward?
????I'd love to hear your thoughts in the comments below
I was live on air into Denmark's GDP figures for the first half of the year, highlighting a significant 1.7% year-on-year increase, according to national statistics. It's crucial to point out that, had it not been for the substantial contribution of the pharmaceutical industry, this figure would have seen a 0.3% decline. At the forefront of this industry stands the Danish multinational company, 诺和诺德 , which made some headlines these past few days.
Here are the key highlights from their recent developments:
??Novo Nordisk shares have soared by an impressive 40% this year, driven by the high demand for their weight-loss drugs, Wegovy and Ozempic.
?? Wegovy's controlled launch in the UK marks a significant step forward in the battle against weight-related illnesses.
?? Novo Nordisk is investing heavily to ramp up production to meet the skyrocketing demand, and their profits have already soared by 30% this year.
?? This story is not only transforming Novo Nordisk but also making a substantial impact on Denmark's economy, driving growth in GDP and employment rates.
?? Analysts weigh in, emphasizing the challenges ahead in terms of healthcare budgets and reimbursement for Wegovy.
??Despite some uncertainties, and in light of a foreseeable future where demand outpaces supply, Novo Nordisk stands steadfast in its projection of a remarkable 37% rise in profits this year.
?? This case study underscores the pivotal role of healthcare and innovation in today's dynamic market.
Full Post ----> Here
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Five Key Tips for Maximizing Your Retirement Savings Potential
?? National 401(k) Day was this past Friday.
Did you know it's celebrated every year on the Friday after Labor Day?
In the spirit of celebration, let's dive into some key takeaways from the recent 富达 Q2 2023 Retirement Analysis:
1?? Impressive Growth Across Generations: Gen Z, Millennials, and Gen X workers are leading the way with double-digit increases in their 401(k) balances. Gen Z surged by an astonishing 66%, Millennials showed a robust 24.5% uptick, and Gen X savers grew by 14.5%. Even Boomers experienced a healthy increase of 6.3%.
2?? Empowered Young Investors: A remarkable 34.4% surge in IRA accounts year-over-year for investors aged 18-35. Kudos to females in this group with a tremendous 34.8% increase. Roth IRAs dominate, making up 59.1% of all IRA contributions in Q2 2023.
3?? Milestone Alert: This quarter saw a significant increase in retirement millionaires! 378,000 individuals held 401(k) accounts, and 349,104 held IRAs.
4?? Reward for Long-Term Savers: Boomers who've been consistently saving since 2008 now boast an average balance of just under half a million dollars ($499,700).
These stats reflect a positive trend in retirement savings, showcasing the dedication of individuals across generations. So, here are some five key tips:
?? Nail the Match Game: Max out employer matches for turbocharged savings. Don't leave free money on the table!
?? Tune-Up and Take Control: Markets shift - so should your strategy. Regularly fine-tune for maximum impact.
?? Mix It Up for Max Gains: Diversify like a pro. Spread your investments for a balanced, high-impact portfolio.
?? Resist the Early Withdrawal Urge: Early withdrawals mean penalties. Keep your eyes on the retirement prize.
?? Stay Sharp, Seek Wisdom: Stay informed. Seek advice from experts or use employer-provided resources.
????What's your top tip for supercharging your retirement savings?
Love to hear your thoughts in the comments below!
Remember, your retirement journey is as unique as you are. And always remember, "Life is only as good as your mindset." - Start planning
Full Post ----> Here
#Finance #Education #National401KDay #Money
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Charting a Unique Career Path: Embracing Diversity, Adaptability, and Impact
?? "Build people. If we can make a difference for one person, we can do it for the world."
This quote and image always make me reflect on my unique career journey. It's a sentiment that perfectly matches my response to the #MyPath challenge – a journey that went beyond the usual, touching various fields, advisory roles, media recognition, and an amazing LinkedIn community.
In a world where people usually follow a set path in their careers, I chose a different route – one that was about exploring, learning, and being ready for change. My story shows that careers don't always go in a straight line.
At first, I was told to stick to one job and industry – the usual path (I even thought I'd be with one job and company forever). But I chose a different route. I leaped into new opportunities, embracing growth and making a positive impact. To be honest, finding the courage for this took longer than expected.
I remember taking a big step into different fields. It surprised some people and made them wonder. But stepping away from what was expected helped me see things from different angles.
Learning from different parts of the business was like collecting puzzle pieces, and I could put them together to solve complex problems. This blend of experiences became my guiding light, propelling me to be the catalyst for meaningful transformation and an adept advisor across diverse sectors: Finance, Healthcare, AI, Marketing, & beyond!
Nowadays, when someone asks what I do, I no longer worry. I just say, "I do a lot of things!"
Here are a few of my takeaways:
?? Unlocking Strength Through Diversity: Embrace the unique perspectives each industry offers. Dare to explore different paths; the fusion of experiences can become your most potent asset.
? Harnessing the Power of Adaptability: Mastering adaptability is a superpower. Embrace change eagerly, soak up knowledge voraciously, and watch your skills transform into a versatile toolkit.
?? Catalyzing a Ripple of Impact: Focus on individuals, and your influence will cascade worldwide. Elevating people enriches your network and radiates positive change beyond your immediate circle.
?? Taking the Reins of Destiny: Carve your milestones, chart your journey, and allow validation to follow in the wake of your self-assured strides. Personally, it took time for me to embrace this truth.
?? Unveiling Untapped Potential: Venturing off the well-trodden path unveils hidden strengths, forging a distinct identity that propels you forward....for me...means staying curious ??
?? Small Steps, Monumental Impact: Every interaction, mentorship, and connection weaves into your journey. Be intentional and add value back to your network!
领英推荐
As I share this story, I want to hear yours too.
????Have you ever done something different, something unexpected in your journey?
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??Next week, I'll be back in New York City during the 78th United Nations General Assembly High-Level Week!
?? I'm curious....What global topics have been on your radar lately?
????Who do you think I should connect with while I'm there? Are there any companies or leaders out there doing incredible, game-changing, and innovative work that I should check out?
?? Please drop your thoughts in the comments or shoot me a message. You know how important it is to me to connect with the people who matter to you and to continue making a positive impact wherever I can!
Check out the comments section here on topics others are paying attention too...stay tuned for next month's newsletter as I will be sharing my takeaways from NYC!
#UNGA #Leadership #Innovation #SGDs #UNGA78
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Check out HP 's Present & CEO, Enrique Lores , sneak peek post for Season 2 of The Moment!
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"In the hustle and bustle of innovation, every moment counts."
Season 2 of 'The Moment with Ryan Patel' is here to prove it, and if you look closely at this behind-the-scenes shot, you'll see my 'A-game' face! ??
Just wrapped up shooting at the historic HP Garage, the birthplace of Silicon Valley. We've cooked up something truly special for you in Palo Alto this season.
Stay tuned this fall for fresh episodes, where extraordinary leaders open up about pivotal life moments and groundbreaking innovations shaping our future.
????Ever wondered what happens behind the scenes?
If you're curious, we'll whip up a special behind-the-scenes video! Drop a comment below and let us know!
#Innovation #Leadership #Tech #HPTheMoment
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?? Bringing you all an exclusive behind-the-scenes from my recent visit to the University of California, Irvine - The Paul Merage School of Business . I can't wait to share more over the next few weeks of the sneak peeks of the upcoming video and photo shoot! Who knows, you might even spot me gracing the cover of a magazine somewhere??.
Amidst a busy day of shooting, I had the incredible opportunity to catch up with Dean Ian O. Williamson. Our discussions, centered on the exciting future of education and the significance of a global mindset, always spark my enthusiasm. Notably, our dialogue on the AI Ethics framework left a lasting impression...looking forward to continuing that conversation too!
A heartfelt shout-out goes to Rodrigo, Leah, Tyler, and the entire team for orchestrating an exceptional shoot and creating a memorable experience. While I was there, I had the chance to discuss my experiences, journey, and the upcoming trends that I believe hold significance...I am curious :)
"Ryan is Curious" - How do you envision the fusion of technology and education shaping the future?
Love to see your thoughts and perspectives in the comments below.
Full Post ----> Here
#Education #Technology #Leadership #Future
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Linkedin Community Shoutouts!
In each newsletter,?I?will?highlight one (or some) of the?comments made by?Linkedin community members?on my posts.?So many great (and fun) comments; so hard to narrow down, as always!
Shoutout to Chelsea Perino , Tien M. , Kath Derisson , Steve Burke , Alice Fournier , Melissa Sanford MBA , Kamal Bhandal , Wendy Kaaki, Ph.D., MA., MBA , Lygeia Ricciardi , Rex Delos Santos, LSSYB , Bob Samples , Larry Lebofsky , Christina Leupp , Rania Yaqub, PMP?, PMI-RMP? , Bob Rauker , Tia A. Smith , Jonathan Dunnett , Rhonda A. Ocha , Thivanka Vithanage , DANIELLE GUZMAN , Marc Winitz , Ron Guerrier , Rodrigo C. Mahs, J.D. , Eric S. Yuan , Leah Walton , Dimitri Krikelas , Sandy Nga Lee , Dawn G. , Abbey H. , Geraldine Kan , Tushita Sarkar , Maciek Szczesniak , Kathryn Vazquez Kmiotek , Ariel Serber , James Edwards , and Afsheen Farhan ! ?????? ?? ?
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Ryan Patel?is a global business executive, board member, TV contributor, and host of "The Moment"
Check out his?Linkedin Learning Course:?"Cultivate a Global Entrepreneurial Mindset in a Remote Working World"
Subscribe to his monthly newsletter?-?"Ryan is Curious" Headlines
Hey there! It's inspiring to see your enthusiasm. As Seneca once said, Life, if well lived, is long enoughˉ. Embrace every moment and keep shining bright! ????
SVP: Global Invisalign Brand, Consumer and Americas Marketing | Digital Health and AI | Sports Marketing
1 年You’ve inspired so many Ryan Patel with the courage to take a different path and while doing so have elevated the voices of so many people. ????
Car Sales, Business Management
1 年It's hard to know what to do these days.
Helping multinationals navigate the ever-changing international landscape of regulations & risk management in International Trade.
1 年Thanks for these great retirement reminders Ryan Patel!
Education Access Advocate | Diversity, Equity, Inclusion focused | ????? Ally and Antiracist | Strategic Communicator | Problem Solver
1 年Thank you for this focus Ryan! So many communities need this information