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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Father’s Day 2026 falls on Sunday, June 21 — the latest possible date the holiday can occur, and one that happens to coincide with the June solstice this year. Here are 10 things worth knowing about the holiday’s history, traditions, and global variations as families across the country prepare to celebrate.

1. The date follows a simple but floating rule

In the United States, Father’s Day is celebrated on the third Sunday in June. The rule is short enough to memorize: the third Sunday in June. There is no equinox math, no lunar calculation, no church table. Count to the first Sunday in June, then add 14 days. That Sunday is Father’s Day. Because June begins on a different weekday each year, the third Sunday can fall anywhere from June 15 through June 21 — and this year lands right at the latest edge of that range.

2. A woman in Spokane is credited with founding the holiday

Sonora Smart Dodd of Spokane, Washington, is usually credited with creating Father’s Day. She is said to have come up with the idea in 1909 while listening to a sermon on Mother’s Day. Dodd’s father, William Jackson Smart, was a Civil War veteran who raised six children alone on his farm after his wife died in childbirth.

3. Dodd originally wanted the holiday on her father’s actual birthday

Mrs. Dodd proposed to the Spokane Ministerial Association and the YMCA that they celebrate a “father’s day.” She chose June 5 because it was her father’s birthday. The idea received strong support, but the good ministers of Spokane asked that the day be changed to give them extra time to prepare sermons on the unexplored subject of fathers.

4. The first official observance happened in 1910

The first Father’s Day in Spokane, Washington, was observed on June 19, 1910, the third Sunday in June, and became an annual event there. Soon, other towns had their own celebrations, though the tradition would take decades to become a permanent national holiday.

5. A mining disaster may represent an even earlier observance

Some historians point to the 1907 Monongah mine disaster in West Virginia as the first observance. The explosion killed 361 men, around 250 of them fathers, and left more than a thousand children without a dad. Grace Golden Clayton, whose own father died in the disaster, asked the pastor of her local Methodist chapel to hold a service of commemoration. The service happened, but it never became an annual tradition.

6. It took 62 years and multiple presidents to make it official

Despite widespread support, Father’s Day was not a permanent national holiday for many years. President Woodrow Wilson wanted to make the day official after a visit to Spokane, but Congress resisted the suggestion, fearing the observance would become too commercialized. President Calvin Coolidge stopped short of issuing a national proclamation in 1924. President Lyndon Johnson recognized the holiday in 1966, but it wasn’t until 1972 that President Richard Nixon signed a law declaring that Father’s Day be celebrated annually on the third Sunday in June.

7. A competing founding story also exists

Sonora Smart Dodd isn’t the only person credited with originating the holiday. Harry C. Meek, a member of Lions Clubs International, claimed that he first had the idea for Father’s Day in 1915. Meek argued that the third Sunday of June was chosen because it was his birthday. The Lions Club has named him “Originator of Father’s Day.”

8. Commercialization came later than the holiday’s founding

The popular story is that Father’s Day was cooked up by greeting-card makers. The actual story is closer to the opposite: it took one woman more than half a century of campaigning, plus three presidents, to get the day onto the calendar at all. Card sales came later, and the public mostly resisted them. In 1938, Dodd collaborated with the Father’s Day Council, a group of New York men’s wear retailers, for the commercial promotion of the observance.

9. Americans are projected to spend a record amount this year

Today, the holiday is one of the most celebrated days of the year in the U.S. In 2026, Americans are projected to spend a record $27.9 billion on Father’s Day, according to the National Retail Federation and Prosper Insights & Analytics. Popular purchases include greeting cards, clothing, special outings, gift cards, and personal care products.

10. The date — and even the season — varies dramatically around the world

Father’s Day looks different depending on where you are in the world. According to International Event Day, more than 111 countries worldwide now observe Father’s Day, though only about 27% celebrate it on the same date each year. Several countries with strong Catholic traditions observe Father’s Day on March 19, the feast of Saint Joseph, venerated as the patron saint of fathers — Spain, Portugal, Italy, and Latin American countries including Honduras and Bolivia follow this date. Germany observes Father’s Day on Ascension Day, a movable Christian feast that falls 39 days after Easter, landing on May 14 in 2026. Australia and New Zealand celebrate on the first Sunday in September, reflecting the Southern Hemisphere’s seasons, where September marks the arrival of spring; that lands on September 6 in 2026. Thailand observes Father’s Day on December 5, the birthday of the late King Bhumibol Adulyadej, who reigned for over seven decades and was widely regarded as a fatherly national figure.

A Quiet Tribute, Often Marked With Color

Beyond gifts and family gatherings, the holiday carries smaller, more personal traditions as well. Some observe the custom of wearing a red rose to indicate that one’s father is living, or a white rose to indicate that he is deceased. Other males — for example, grandfathers or uncles who have assumed parenting roles — are often also honored on the day, broadening the holiday’s reach beyond biological fathers alone.

A Founder’s Lasting Legacy

Sonora Smart Dodd campaigned for the holiday she helped create for more than 50 years before it finally achieved permanent national recognition. Dodd died in 1978 at age 96; her grave in Spokane reads “Founder of Father’s Day” — a fitting tribute to a woman whose decades-long advocacy ultimately reshaped how an entire country marks the contributions of fathers each June.

What This Means for 2026

With Father’s Day landing on its latest possible date this year and coinciding with the June solstice, families across the United States, Canada, and the United Kingdom will mark the occasion on June 21, while relatives connected to countries observing the holiday on different dates — whether in March, May, or September — will have their own separate opportunities throughout the year to honor the fathers and father figures in their lives.

With a record nine Asian nations competing at the 2026 World Cup — the most in the tournament’s history — questions are once again being raised about whether the continent can finally produce a team capable of advancing all the way to the semifinals, a feat only one Asian nation has ever achieved.

A Record Continental Turnout

Asia sends a record nine nations to the 2026 World Cup, from the 8.5 slots of the 48-team era. Nine AFC nations — Japan, Iran, South Korea, Australia, Uzbekistan, Qatar, Iraq, Saudi Arabia, and Jordan — represent the most in history. That allocation nearly doubled from the previous tournament cycle, with Asia’s automatic allocation rising from 4.5 to 8.5 slots compared to the 32-team era.

Among the nine, three nations arrive with landmark stories. Uzbekistan and Jordan both qualified for the first time ever, while Iraq returned after a 40-year absence, ending their wait since 1986 by winning the intercontinental playoff in March 2026.

The Historical Benchmark: South Korea’s 2002 Run

Any conversation about Asian teams reaching the semifinals inevitably traces back to a single, still-unmatched achievement nearly a quarter-century old. South Korea reached the semifinals as co-hosts in 2002, the deepest run by any Asian nation. On the way, they knocked out Italy and Spain before losing 1-0 to Germany.

That run remains the high-water mark for the continent, and no Asian nation has come close to replicating it since, even accounting for genuine progress in other editions of the tournament.

2022 Marked a Different Kind of Breakthrough

The most recent World Cup demonstrated Asian football’s growing competitiveness against elite European opposition, even without producing a deep knockout run. Japan beat both Germany and Spain 2-1 in the group stage in 2022; the win over Spain came with just 17.7% possession, the lowest by a winning team in recorded World Cup history. Three Asian nations reached the knockouts together that year, a record for the continent.

Saudi Arabia also contributed to that wave of upsets, producing one of the biggest shocks in World Cup history by beating eventual champions Argentina 2-1 in their opening game in 2022. Australia, too, reached the Round of 16 that year, beating Tunisia and Denmark in the group stage.

Japan Enters as the Continent’s Most Fancied Side

Heading into this year’s tournament, one nation has consistently been identified as Asia’s strongest overall contender. Japan, ranked 18th in the world, under Hajime Moriyasu, are the most fancied Asian side, and the first nation in the world to seal their ticket to this tournament, back in March 2025, after a near-flawless qualifying campaign.

That status was reinforced in the opening round of group play. Japan matched the Netherlands with a 2-2 draw in their tournament opener, proving they can challenge Europe’s top teams even at the World Cup itself, a continuation of the pattern they established against Germany and Spain four years earlier.

South Korea’s Quietly Strong Qualifying Record

Beyond Japan, South Korea has also generated considerable optimism heading into the tournament, built on an unusually clean run through Asian qualifying. South Korea were the only unbeaten team in the AFC qualifiers for the 2026 World Cup, and their strong qualifying record goes back a long way; they are making an 11th consecutive appearance at the World Cup, a run that stretches back to 1986. Only Brazil, Germany, Argentina, and Spain are on a longer run of consecutive World Cup participations.

Despite that consistency, South Korea’s historical ceiling outside of home soil remains modest. South Korea’s best performance to date came when they famously reached the semifinals as co-hosts in 2002, but when not playing on home soil, they have never gotten past the last 16. Indeed, they have the lowest win rate among teams that have played at least 30 matches at the World Cup, at 18.4%, winning just seven of their 38 games.

Still, South Korea opened this year’s tournament with a notable show of resilience, overcoming a 0-1 deficit to beat Czechia 2-1 in their opening match.

Iran’s Often-Overlooked Strength

While Japan, South Korea, and Australia typically receive the bulk of attention when discussing Asia’s strongest sides, one analysis points to a frequently underrated contender. Considering plenty of focus is usually on Japan, South Korea, and Australia when it comes to Asia’s strongest sides, it can often go under the radar that Iran are actually the continent’s second-highest-ranked nation in football. They have shown their World Cup pedigree in recent editions with a victory over Morocco and a draw with Portugal in 2018, as well as a triumph over Wales in 2022, although their preparations for this summer have obviously been far from ideal.

Qatar and Saudi Arabia Show Early Signs of Life

Beyond the traditional powers, two other Asian nations delivered notable results in the tournament’s opening round. Qatar earned a 1-1 draw against Switzerland after a late equalizer, marking a historic moment for the hosts of the previous edition, while Saudi Arabia took a 1-0 lead against Uruguay before being pegged back to a 1-1 draw in a tightly contested game.

The Steepest Challenges: Iraq and Jordan

Not every Asian nation enters the tournament with realistic knockout-stage hopes, with two debutant or returning sides facing particularly daunting group draws. Iraq suffered a 4-1 defeat to Norway in their opener, highlighting the challenges of their first World Cup in 40 years. Having been drawn into a group featuring two top-15 teams in France and Senegal, alongside a Norway side boasting genuine world-class talents in Erling Haaland and Martin Ødegaard, it is difficult to even imagine Iraq sneaking a third-place finish that would give them a glimmer of hope for the knockout rounds.

The Realistic Verdict

Based on the available evidence, no single Asian team currently stands out as a clear semifinal threat, but the depth of competitive performances across the continent — Japan drawing with the Netherlands, South Korea’s resilient comeback against Czechia, Qatar’s late equalizer against Switzerland, and Saudi Arabia matching Uruguay for long stretches — suggests Asian football’s overall competitiveness against traditional powers has genuinely improved since South Korea’s lone semifinal run in 2002.

Japan remains the continent’s best-positioned side to make a deep run, given their qualifying dominance and proven ability to beat elite European opponents in group play. South Korea’s path would likely require replicating, at minimum, the kind of resilience they showed in their opener, while avoiding the historical pattern that has limited them to the round of 16 in every tournament not played on home soil.

With group play still ongoing across all nine Asian nations’ fixtures, the coming days and weeks will determine how many — if any — advance deep enough into the knockout rounds to even begin entertaining realistic semifinal aspirations. Given the historical rarity of an Asian team advancing that far, and the continent’s track record of producing memorable individual upsets rather than sustained tournament-long runs, reaching the semifinals would represent a genuinely historic achievement for any of the nine nations competing — one that has been accomplished by an Asian side exactly once in World Cup history, and only while playing on home soil.

Shares of Butterfly Network surged 55.87% to close at $8.90 on Thursday, June 18, with the stock continuing to gain in after-hours trading, as investors reacted to a partnership announcement with AI startup Midjourney that has thrust the small-cap medical imaging company into the spotlight. Here’s what’s driving the rally — and what analysts say about whether the stock is a buy or a sell heading into the rest of 2026.

What Sparked the Surge

Butterfly Network jumped over 50% at one point after Midjourney said it built a full-body ultrasound scanner from Butterfly modules. The deal brings back focus to a five-year licensing and co-development agreement that could mean as much as $74 million in expected payments for Butterfly.

Midjourney’s current scanner prototype incorporates 40 Butterfly Ultrasound-on-Chip imaging modules. The components were licensed to Midjourney as part of a co-development agreement signed by the two parties last year. Butterfly CEO Joseph DeVivo described the technology in striking terms: “Midjourney has unveiled an extraordinary whole-body scanner — no radiation, no magnetic risk, low cost, and accessible — with about half a million sensors scanning simultaneously and over two petaflops of processing power.”

Midjourney’s Ambitious Vision

The AI company’s plans for the technology extend well beyond a single prototype. Midjourney said in its blog that it will establish a health facility in San Francisco to house its body-scanning equipment, which will open at the end of 2027. “The center itself is a flagship health spa we are calling the ‘Midjourney Spa.’ It will have hot tubs, saunas, cold plunges, and 10 scanners with the capability to do more body scans a year than all MRI scanners on Earth combined,” the startup said in its blog. “Our ambitious goal is by 2031 to have a fleet of over 50,000 scanners worldwide — with a total scanning capacity of a billion scans a month.”

A Stock That Had Already Been Building Momentum

Thursday’s surge extended a longer-running rally for Butterfly Network stock. BFLY shares soared 55.9% in the last trading session to close at $8.90. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock’s 30.1% gain over the past four weeks. BFLY stock has nearly doubled in value so far this year and has more than tripled over the last 12 months, outperforming the S&P 500.

The Bull Case

Beyond the headline-grabbing Midjourney news, several analysts point to Butterfly’s broader strategic positioning as a reason for optimism. BFLY is being positioned as a core point-of-care imaging platform, not just another device maker. Integration of DESKi’s HeartFocus AI into Butterfly Network probes supports a “clinician-friendly” echo workflow for less-trained users. BFLY is framed as an AI ecosystem partner in cardiac imaging, reinforcing a long runway for partnerships and licensing-driven revenue.

The company’s underlying financial performance has also shown encouraging momentum heading into the rally. Butterfly said first-quarter revenue came in at $26.5 million, up 25% on the year. Gross margin climbed to 68.9%. The company stuck with its 2026 revenue outlook of $117 million to $121 million.

Management has also been actively courting growth-focused investors in recent days. Management is presenting at the William Blair 46th Annual Growth Stock Conference and then joining TD Cowen’s Medical Devices Emerging Growth Call Series — exposure that, while not changing fundamentals overnight, can fuel sharp re-ratings and speculative runs, especially when the float is hunting for a new narrative.

The Bear Case

Despite the enthusiasm, several red flags warrant caution before treating Thursday’s rally as a sure thing. Over the past three months, insiders sold $4.2 million worth of shares, with no insider buying reported — a pattern that may raise concerns among investors regarding the company’s near-term outlook even as the stock price climbs.

The company’s underlying profitability also remains a significant concern. Butterfly Network’s GF Score of 61 indicates a moderate level of overall quality, with strong financial strength but weak profitability. The company’s profitability rank is concerning, sitting at 1 out of 10, indicating challenges in generating consistent profits. The financials still show heavy red ink, with negative margins and free cash flow around negative $14.84 million last quarter.

Valuation is also stretched relative to current sales. The company’s price-to-sales ratio stands at 18.54, suggesting that investors are paying a premium for each dollar of sales, reflecting high expectations for future growth that the company has not yet delivered on a profitability basis.

A Story Still in Its Early Stages

Several analysts have cautioned that the Midjourney partnership, while genuinely promising, remains in a very early phase with significant execution risk still ahead. This is still an early story — regulatory clearance, commercialization, scaling up production, and milestone payments are all unresolved. The scanner still has hurdles with regulatory sign-off, how much buyers want it, actual use in clinics, privacy of data, and whether Butterfly can deliver enough modules at scale.

Competition in the broader ultrasound market also remains formidable. Big names like GE HealthCare, Philips, and Siemens Healthineers dominate the wider ultrasound market. Butterfly is aiming to differentiate by focusing on handhelds, software, AI, and chip licensing, instead of just traditional ultrasound systems.

What Wall Street Currently Thinks

Despite the cautionary notes around valuation and profitability, at least one prominent rating service currently holds a favorable view of the stock. The stock currently carries a Zacks Rank #2, which corresponds to a Buy rating. However, that same analysis noted that the consensus EPS estimate for the company’s upcoming quarter has remained unchanged over the last 30 days, and a stock’s price usually doesn’t keep moving higher in the absence of any trend in earnings estimate revisions — suggesting investors should watch closely whether analyst earnings expectations begin shifting in response to the Midjourney news, or whether Thursday’s rally proves to be a more speculative, momentum-driven move.

The Bottom Line

There is no simple answer to whether Butterfly Network is a buy or a sell heading into the rest of 2026. The bull case rests on genuine technological differentiation, a expanding licensing relationship with a high-profile AI company, improving revenue growth, and strong gross margins. The bear case rests on persistent unprofitability, a rich valuation relative to current sales, notable insider selling, and a long list of unresolved execution risks tied to the Midjourney scanner specifically — regulatory approval, manufacturing scale, and real-world clinical adoption among them.

As with any investment decision, particularly one involving a stock that just posted a single-day gain of nearly 56% on a still-unproven partnership, it’s worth doing your own research, weighing your personal risk tolerance and time horizon, and consulting a qualified financial advisor before making a decision. This overview is intended to lay out the facts and competing perspectives currently circulating among analysts, not to tell you what to do with your money.

June’s full moon, known as the Strawberry Moon, will reach peak illumination on June 29, marking the third and final micro moon of 2026 and giving skywatchers across North America a chance to view one of the year’s most distinctive lunar events — even if its name has nothing to do with how it actually looks in the sky.

Not What the Name Suggests

Despite its evocative name, June’s Strawberry Moon is not pink or red unless it’s also a blood moon. The full moon is usually the brightest object in the night sky, but not all full moons are the same. June’s Strawberry Moon is a great example of this variation.

What Makes It a Micro Moon

The Strawberry Moon’s defining characteristic this year comes from its position in the moon’s orbit around Earth. A micro moon occurs when a full moon or a new moon happens at the same time the moon is at apogee, its farthest point in orbit from Earth.

The moon’s orbit around Earth is elliptical instead of circular, which means the moon is sometimes closer to Earth, a phenomenon known as perigee, and sometimes farther away, a phenomenon known as apogee. Since the moon is in apogee, it’s approximately 7% smaller than it would normally appear during a typical full moon and about 14% smaller than a supermoon.

When and How to See It

The Strawberry Moon reaches peak illumination at 7:56 p.m. ET on June 29, which is still during daylight hours for everyone in North America. That means the best time to see the full moon is that same evening once the sun has set. The moon is set to rise out of the southeastern sky just after sunset and streak across the southern horizon until it sets in the southwest just before sunrise.

An Unusually Low Position in the Sky

Skywatchers may notice that this year’s Strawberry Moon isn’t terribly high in the sky, and that’s normal. June’s full moon is the lowest full moon of any given year, due to the same mechanics that give us the summer solstice.

The explanation traces back to the Earth’s axial tilt and its relationship to the moon’s position opposite the sun. The Earth is tilted on its axis, and during the summer solstice, the Northern Hemisphere is tilted toward the sun. That means the sun is higher in the sky than it is at other times of the year. This also works with the moon, albeit in reverse, since the moon is always opposite the sun. The Northern Hemisphere is tilted away from the moon, so the moon appears lower in the sky than it normally does.

Slightly Higher Than Last Year’s Record-Low Moon

While this year’s Strawberry Moon will sit unusually low on the horizon, it won’t quite match the extremity of the previous year’s edition. It’s not quite as low as last year’s Strawberry Moon, which was the lowest full moon in decades, but if you’re somewhere with a lot of trees, you may have some trouble finding it.

A Moon That’s Both Smaller and Dimmer Than Usual

Beyond its low position in the sky, this year’s Strawberry Moon carries the added distinction of being one of the smallest and least bright full moons of the year. A micro moon is noticeably smaller and less bright than a supermoon or even a regular full moon. The full moon is still easy to find and the brightest thing in the night sky, but you may have to walk around the block to see it behind the trees in your neighborhood.

The Final Micro Moon Until Next Year

With June 29 marking the third and final micro moon of 2026, skywatchers hoping to catch this particular lunar phenomenon again will need to wait until the next calendar year, when the cycle of perigee and apogee full moons begins anew. The combination of a micro moon coinciding with the lowest full moon position of the year makes this particular Strawberry Moon a relatively subdued, if still visible, event compared to the more dramatic supermoons that tend to draw greater public attention throughout the year.

Why the Name “Strawberry Moon” Persists

Despite having nothing to do with the moon’s actual color or appearance, the Strawberry Moon name has remained a fixture of June’s full moon for generations, tracing back to indigenous and early American naming traditions tied to the seasonal timing of strawberry harvests during the month. That naming convention, shared across many of the year’s full moons, reflects historical observations of seasonal changes in nature rather than any visual characteristic of the moon itself — a detail that often surprises skywatchers expecting to see a moon tinted in shades of red or pink.

What to Expect on Viewing Night

For those planning to observe the Strawberry Moon on June 29, the practical viewing advice remains straightforward despite the moon’s smaller and lower-than-usual appearance. Once the sun sets and the moon rises out of the southeastern sky, it will remain visible as it tracks across the southern horizon throughout the night, setting in the southwest shortly before sunrise. Given its reduced size and lower position in the sky this year, those in areas with significant tree cover or obstructed horizons may need to find a clearer vantage point, such as an open field or elevated location, to get the best possible view of the rising moon.

With the final micro moon of 2026 set to occur on June 29, attention will eventually turn to the year’s remaining full moons, including any potential supermoons that may appear later in the year as the moon’s orbit brings it closer to Earth during subsequent full moon cycles. For now, skywatchers across North America have a clear window on the evening of June 29 to catch this year’s Strawberry Moon — a celestial event made notable less by its name or color, and more by the unusual combination of factors placing it both unusually low and unusually small in the summer night sky.

This article was written by

Analyst’s Disclosure: I/we have a beneficial long position in the shares of XIORF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

As Father’s Day is being celebrated today, it’s a good time to think beyond the usual gifts and give your father something that can truly benefit him in the long run—financial security. While gifts and celebrations are always special, helping your father plan for a comfortable retirement or strengthen his financial future can provide peace of mind that lasts well beyond Father’s Day.

ETMutualFunds reached out to two experts to understand how to build the portfolio allocation, plan financial security for the fathers and how fathers can leverage mutual funds to achieve financial independence and leave a lasting legacy.

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Start early to achieve financial independence

Planning for financial independence is a long-term journey, and the sooner a person starts, the easier it becomes. Starting early gives investments more time to grow and benefit from compounding, where returns earned over the years generate further returns. Experts believe there is no fixed age to begin planning, but those who start investing in their 20s or 30s generally have a much better chance of building a comfortable retirement corpus than those who delay it until later in life.

Shivam Pathak, CFP and Founder of Asset Elixir said that fathers should ideally begin planning in their late 20s or early 30s.

“The earlier, the better—ideally from the late 20s or early 30s. Money needs time to grow, and a SIP started at 30 will grow much bigger by 60 than one started at 40, simply because it had more years to compound. Mutual funds make this simple—a father just invests a fixed amount every month and lets it grow, without needing to time the market. Returns also tend to be better when given enough time,” he said.
Manish Kothari, Co-Founder & CEO, ZFunds shared similar thoughts. Kothari said that the importance of an early start, emphasizing the power of compounding.”There’s no magic age. The earlier you begin, the more the heavy lifting is done by compounding rather than by your monthly contribution. For instance, to build Rs 5 crore by age 60 at an assumed return of around 11%, someone starting at 30 needs to invest about Rs 18,000 a month, while someone starting at 40 would need nearly ₹58,000 a month for the same goal,” Kothari said.

He further said that mutual funds are a strong vehicle here as they fit every stage – SIPs to accumulate, STPs to deploy a lump sum gradually, SWPs to draw a planned income once you reach independence

Best or right mutual funds for generational wealth

Creating wealth that can benefit not just you but also your children and future generations requires planning over several decades. Since such goals have a very long time horizon, investors can afford to stay invested through market ups and downs and focus on assets that have the potential to grow over time.

Experts believe that building generational wealth is not just about investing more money, but also about choosing the right investment mix that can generate long-term growth while ensuring the wealth remains intact for future generations.

Kothari said that the ideal allocation depends on an investor’s surplus income and time horizon. “For wealth genuinely earmarked for the next generation, the bigger risk isn’t volatility; it’s being too conservative and letting inflation quietly erode purchasing power over 20-30 years. Therefore, the centre of gravity should remain in equity for longer than a standard retirement plan would suggest,” he said.

He further said that the retirement corpus and the wealth you intend to pass on are different goals with different horizons; they shouldn’t carry the same risk profile. The legacy bucket can stay aggressive precisely because you may never need to draw on it,” Kothari added. He further noted that nominations, wills, and ownership structures are essential to ensure wealth is transferred smoothly to future generations.

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Pathak said a diversified approach for goals that are 15-20 years away or longer. “A simple mix works well for long-term goals. Large-cap funds offer a stable, lower-risk core holding, while flexi-cap funds act as an all-rounder by investing across large, mid, and small companies. A limited allocation to mid-cap and small-cap funds can also help, given the long investment horizon involved,” he said.

Common mistakes fathers make while planning retirement

Many fathers spend most of their lives focusing on their family’s needs—whether it’s their children’s education, household expenses, or other responsibilities. However, in the process of taking care of everyone else, they often overlook their own financial future.

Experts say that not planning adequately for retirement or long-term financial security can lead to financial stress later in life, making it important for fathers to strike a balance between supporting their family today and securing their own future.

Pathak said many fathers delay planning for their own retirement while focusing entirely on their children’s needs and keeping too much money in safe options like fixed deposits is another mistake, since these often fail to beat inflation.

He further said that many also stop their SIPs when markets fall, instead of staying invested, and end up mixing up goals-dipping into retirement savings for a child’s education, leaving both short.

Kothari said that funding children’s education or weddings at the expense of one’s own retirement may feel selfless, but there are loans and scholarships for those goals and none for retirement.

“The second is treating insurance as an afterthought inadequate term and health cover means a single hospitalisation or untimely event can unravel years of disciplined saving”

He further said that the third is not getting professional guidance. It is important that families work with a distributor who can handhold and guide them through all cycles of investing and wealth creation

Lessons to teach children about investing

A father’s role in financial planning goes beyond earning and saving money for the family. The habits and values children learn at home often shape how they manage money as adults.

Experts believe fathers can play an important role in teaching children basic financial concepts such as saving regularly, spending wisely, investing for the future, and understanding the value of money. These lessons, learned early in life, can help children make better financial decisions as they grow up.

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Kothari said that the most valuable lessons are about behaviour and discipline and the greatest wealth a father can pass on is not just money, but the wisdom to manage and grow it. So educate and involve kids early – for example, before buying something, ask the child to classify it as a need, a want or a future goal as this develops better money habits or ask them to choose a goal, estimate its cost and decide how much they need to save or invest every month.

Pathak said fathers can teach their children to start early, since even small amounts grow meaningfully with time, and to stay consistent rather than waiting for a big lump sum to invest.

He further said that staying invested through market ups and downs matters more than panicking during a downturn and beyond investing, fathers can also help children develop the habit of saving and spending wisely-giving them pocket money and letting them learn to manage within that budget.

As Father’s Day celebrations honour the role fathers play in their families, experts believe that financial planning is an equally important part of fatherhood. By starting early, staying invested, and passing on sound financial values, fathers can help ensure not only their own financial independence but also a stronger financial future for generations to come.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and twitter handle.

Apple is moving forward with permanently closing three of its retail stores in the United States, including the company’s first unionized location, drawing accusations of potential union-busting from labor leaders even as Apple maintains it is simply honoring the terms of an existing labor contract.

The Stores Closing

The locations closing on the evening of Saturday, June 20, are Apple Trumbull in Trumbull, Connecticut; Apple North County in Escondido, California; and Apple Towson Town Center in Towson, Maryland. In April, Apple said it made the “difficult decision” to close the stores due to “declining conditions” at the shopping malls in which they are located.

A Historic Union Location

The closure of the Towson Town Center store carries particular significance given its place in Apple’s labor history. Notably, the staff at the Towson Town Center location became Apple’s first retail employees in the U.S. to unionize in 2022. They belong to the International Association of Machinists and Aerospace Workers’ Coalition of Organized Retail Employees, known as IAM CORE, and they signed a collective bargaining agreement with Apple in 2024.

Protests From Workers and Politicians

The union and the store’s employees have been protesting the planned closure, and some politicians in Maryland have voiced their support for the workers’ position as the closure date approached.

The Core Dispute Over Employee Transfers

At the heart of the controversy is a disparity in how Apple is treating workers at the closing locations. The union is upset that Apple is allowing non-unionized employees at the Trumbull and North County stores to transfer to nearby locations, but not extending this offer to unionized employees at the Towson location. For its part, Apple said it is simply honoring the terms of the collective bargaining agreement that the employees agreed to.

According to Apple, the contract states that in the event of a store closure, Apple would transfer or rehire employees if the company opened a new store within 50 miles of the current location at Towson Town Center. In any other circumstance, the union negotiated for employees to receive severance, which is being provided.

Apple said it has no current plans to open a new store in the area, but if it were to do so within 18 months after the collective bargaining agreement was ratified, the affected employees would have the right of first refusal.

The Union’s Response

Despite Apple’s framing of the situation as a straightforward application of the negotiated contract terms, IAM has accused Apple of potential union busting and said that the agreement “requires equal treatment.” IAM President Brian Bryant issued a pointed statement criticizing the company’s handling of the closure. “Apple workers in Towson voted to join the IAM, fought for and won a contract, and are now being punished for it,” said Bryant. “Apple signed a collective bargaining agreement that requires equal treatment. It is time for Apple to honor that agreement and do right by these workers before June 20.”

A Mall in Genuine Decline

Beyond the labor dispute, there is evidence suggesting broader economic factors may also be playing a meaningful role in Apple’s decision to exit the location. Towson Town Center is genuinely in a state of decline and has lost many other major retailers in recent years, so it is very likely that Apple is exiting the shopping mall at least partly due to the worsening conditions.

Potential Wider Implications for Unionization Efforts

Despite the apparent economic justification for the closure, the situation carries broader implications for how Apple employees elsewhere might view the value of organizing. The situation might lead employees at other stores to worry that joining a union does not always work out, and that could be advantageous to Apple given that the company has discouraged unionization at its retail locations more broadly.

That dynamic places the Towson closure at the center of a sensitive moment for organized labor within Apple’s retail workforce, given that the Towson store’s 2022 unionization vote represented a landmark moment that has since influenced organizing efforts at other Apple retail locations and other companies’ workforces watching closely for precedent.

With all three stores now permanently closed as of Saturday evening, attention turns to whether Apple and the IAM can resolve their dispute over employee treatment in the weeks and months ahead, particularly regarding the 18-month window during which displaced Towson workers would retain a right of first refusal should Apple open a new location nearby. For now, the contrast between Apple’s treatment of unionized versus non-unionized employees affected by the same round of closures is likely to remain a point of contention, with the union continuing to frame the situation as a test of whether collective bargaining agreements meaningfully protect workers during corporate restructuring, even when a company’s stated rationale for closure centers on external factors like a declining shopping mall rather than the unionization itself.