Tuesday’s need-to-know money news

Today’s top story: Carrying a credit card balance for the first time. Also in the news: Closing the bank of Mom and Dad, why the starter home is in decline, and an employee benefit that could help with student loans. Carrying a Credit Card Balance for the First Time Managing the debt. Closing the Bank […]

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Should you save enough to live to 100?

First, you were supposed to die at 85. Then 90. Now 95 and even 100 are common defaults when financial planners tell people how much to save for retirement. Except that’s nuts. In the U.S., the typical man at age 65 is expected to live another 18 years. The typical woman, about 20. Yet many […]

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Monday’s need-to-know money news

Today’s top story: Six things that scare your financial advisor. Also in the news: How to report a tax cheat, releasing a student loan co-signer, and the top 10 affordable cities for renters. 6 Things That Scare Your Financial Advisor What keeps them up at night. How to Report a Tax Cheat and Get a […]

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Q&A: How does a lottery winner find a financial advisor she can trust?

Dear Liz: I’m a middle-aged, single, childless woman who won a very nice lottery prize. I took the “cash value” option and after paying federal tax, I was left with $1.2 million. I would like to pay cash for a home, have a tidy nest egg put aside and have money for travel and other […]

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Q&A: Clash over the state of their mother’s estate

Dear Liz: My husband’s mother passed away in January. His younger sister was executor of the estate. His mother had investments of close to $1 million prior to 2008. She supposedly lost half her investments with the downturn. When she passed away, my husband’s sister said that there was nothing left in the estate. What […]

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Q&A: Co-signing a grandchild’s student loan

Dear Liz: My granddaughter, who will graduate college in a year, has asked me to co-sign her third private loan, which will bring her total debt to $30,000. She needs three people to co-sign. Her parents and the other grandparents have agreed and she wants me to be the third party. I love my granddaughter […]

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Friday’s need-to-know money news

pokemon-go

Today’s top story: Protecting your kids and your data while playing Pokemon GO. Also in the news: Bankruptcy means test, the hidden student loan cost no one talks about, and what to do when you’ve been dumped by your bank. Pokémon Go: How to Keep Your Kids and Your Data Safe Gotta catch ’em all! […]

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Thursday’s need-to-know money news

Today’s top story: Scams to watch out for. Also in the news: Understanding Social Security spousal benefits after divorce, fixing a critical 401(k) flaw, and new airline luggage fees. Scams Called ‘Worst’ of Consumers’ Top 10 Complaints Don’t fall for them. Divorce Doesn’t Preclude Social Security Spousal Benefits Understanding the complicated rules. How fix a […]

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Wednesday’s need-to-know money news

Today’s top story: Timing is everything when it comes to Social Security benefits. Also in the news: How Wi-Fi calling can save you money, a quiz to test your money smarts, and four concepts that’ll help you master your money. For Social Security Benefits, Timing Is Key Picking the right time. What Wi-Fi Calling Is […]

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Tuesday’s need-to-know money news

Today’s top story: How couples can talk about money without a blowup. Also in the news: Amazon Prime Day, tax mistakes to avoid, and how to make good financial decisions. How Couples Can Talk Money Without a Blowup Remembering what’s important. Prime Day Kicks Off With Low Prices on Amazon Kindle, Echo and More Bargain […]

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