Monday’s need-to-know money news

401k-planToday’s top story: Why long-term care insurance is worth the expense. Also in the news: The differences between a 401(k) and a Roth 401(k), how to make yourself a better retirement saver, and keeping an eye out for electricity surge pricing.

Long-Term Care Insurance Is Worth the Expense
Paying now can save a lot later.

You Know About the 401(k) — But What About the Roth 401(k)?
Know the differences.

5 Ways to Make Yourself a Better Retirement Saver
Taking the long view.

Beware of Surge Pricing on Your Electric Bill
Running your air conditioner just got a bit pricier.

Friday’s need-to-know money news

Financial-PlanningToday’s top story: How to find the best mortgage rate online. Also in the news: How to set up your first 401(k), what happens if you work after signing up for Social Security, and why we value purchases more when we pay with cash.

How to Find the Best Mortgage Rates and Lenders Online
Comparison shopping.

Class of 2016, Here’s How to Set Up Your First 401(k)
Happy Graduation! Time to focus on retirement.

What Happens if You Work After Signing Up for Social Security?
What you can and cannot collect.

Why We Value Purchases More When We Pay With Cash
The psychology of spending.

Should you save enough to live to 100?

common-retirement-mistakesFirst, 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 financial planners contend we should save as if we’re all going to be centenarians.

In my new column for the Associated Press, why we need to save for the retirement we’re most likely to have.

The Smartest Financial Decision You’ll Ever Make

common-retirement-mistakesThere’s really only one thing young people need know about money: Save for retirement, starting now.

Yes, at some point you’ll want to pay off your debt, have an emergency fund and buy a home. Right now, though, you’re burning through your most limited resource, which is time. You can’t make more of it, you can’t get it back when it’s gone, and you have a limited window to harness its power.

In my latest for NerdWallet, why it’s imperative for young people to start saving for retirement immediately.

Wednesday’s need-to-know money news

Today’s top story: When hybrid long-term care insurance makes sense. Also in the news: How to tell whether your credit card authorized user could become a problem, what pro athletes can teach us about retirement planning, and the 7 habits of highly effective investors.

When Hybrid Long-Term Care Insurance Makes Sense
Planning for the future.

7 Ways to Tell Whether Your Credit Card Authorized User Will Be a Problem
Proceed with caution.

What Pro Athletes Can Teach Us About Retirement Planning
Living below your means can protect your future.

The 7 Habits of Highly Effective Investors
Using your money wisely.

Monday’s need-to-know money news

common-retirement-mistakesToday’s top story: College counselors spill financial aid secrets. Also in the news: How to tell if you’re on track for retirement, why new grads have a huge retirement savings advantage, and the 401(k) mistakes that could cost you a bundle.

College Counselors Spill 6 Financial Aid Secrets
Get the inside scoop.

Do the Math to Tell If You’re on Track for Retirement
Checking your progress.

New grads have a huge retirement savings advantage
How much will you have in 40 years?

The 401(k) Mistakes That Could Cost You a Bundle
Pay close attention.

Wednesday’s need-to-know money news

Today’s top story: What you need to know about the new Social Security changes. Also in the news: Deciding between leasing or buying a car, how new graduates starting a business should manage their debt, and what to know before rolling over your 401(k).

What You Should Know About the New Social Security Rules
Big changes.

Lease or Buy a Car? Answer 7 Questions to Find Out
Deciding what’s right for you.

4 Essential Tips for Grads Starting a Business Despite Student Debt
Managing both.

3 things to know when rolling over your 401(k)
Be aware of what you’re getting into.

Tuesday’s need-to-know money news

18ixgvpiu0s24jpgToday’s top story: Why you shouldn’t wait for a 401(k) to start saving for retirement. Also in the news: Cell phone options for when you’re traveling overseas, credit problems that can destroy your home-buying dreams, and five crucial retirement years for your money.

Don’t Wait for a 401(k) to Start Saving for Retirement
Don’t wait to start saving period.

Cell Phone Options When You’re Traveling Overseas
Keeping your bill as low as possible.

5 credit problems that can destroy your home dreams
Tackling issues before you buy a home.

5 crucial retirement years for your money
Years to pay attention to.

Friday’s need-to-know money news

Wills-in-TexasToday’s top story: Ranking the cheapest cars to insure. Also in the news: Why you need to have a will, the financial perks of downsizing, and how much money you need to save monthly to reach your retirement goal.

Ranking the Cheapest Cars to Insure
Being a smart shopper.

Prince Had No Will, Reports Say — But You Should
Don’t let the government inherit your estate.

The Financial Perks of Downsizing
Going small can mean a bigger bank balance.

This Retirement Calculator Tells You How Much to Save Monthly to Reach Your Goal
How close are you?