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How the Wrong Choice Could Ruin Your Spouse’s Retirement

August 15, 2016 By Liz Weston

1403399192000-retire-workThree key decisions about retirement benefits can help couples make their money last — or dramatically increase the chances the survivor will end up old and broke.

Widowed women are twice as likely as their male counterparts to live in poverty during retirement, according to a March study by the National Institute on Retirement Security. But anyone who outlives a mate can be vulnerable to a big drop in income and lifestyle because of shortsighted decisions about claiming benefits.

In my latest for the Associated Press, how to make the right choices for your retirement.

Filed Under: Liz's Blog Tagged With: 401(k), Retirement, Social Security

Monday’s need-to-know money news

August 15, 2016 By Liz Weston

homebuyerToday’s top story: How to get the most for your old phone. Also in the news: Why starter homes are becoming a thing of the past, five surprising things that could leave you poor, and how to invest your way to a million dollars.

How to Sell Your Old Phone
Because a newer version is always right around the corner.

Why ‘Starter Homes’ Aren’t What They Used to Be
Starter homes are becoming a relic of the past.

5 Surprising Things That Could Leave You Poor
Start with the company you keep.

How to Invest Your Way to $1 Million
The tiny things add up quickly.

Filed Under: Liz's Blog Tagged With: cell phones, habits, Investing, starter homes, tips

Friday’s need-to-know money news

August 12, 2016 By Liz Weston

1412020991000-ATMToday’s top story: How to avoid ATM fees. Also in the news: The true cost of a bounced check, surprising ways to use your credit card rewards, and the pros and cons of college tuition insurance.

How to Avoid ATM Fees
You shouldn’t have to pay to access your money.

The True Cost of a Bounced Check
Fees upon fees.

7 surprising ways to use your credit card rewards
Thinking beyond miles.

Should You Buy College Tuition Insurance?
Protetcing your investment.

Filed Under: Liz's Blog Tagged With: ATM fees, bounced checks, college tuition insurance, credit card rewards, fees

Thursday’s need-to-know money news

August 11, 2016 By Liz Weston

download (1)Today’s top story: Benefits for Millennials. Also in the news: The downsides of prepaid debit cards, a parents’ guide to insurance for college students, and how your house can save your retirement.

Benefits 101 for Millennials: What You Need to Know
New job, new perks.

Prepaid Debit Cards Are Popular but Still Have Downsides
Keep an eye on fees.

The Parents Guide to Insurance for College Students
Keeping them protected when they leave home.

How Your House Can Save Your Retirement
Using your house as a retirement fund.

Filed Under: Liz's Blog Tagged With: benefits, Insurance, Millennials and benefits, prepaid debit cards, real estate, Retirement

Wednesday’s need-to-know money news

August 10, 2016 By Liz Weston

Image9Today’s top story: Summer tax tips to avoid surprises in April. Also in the news: Common savings mistakes you can fix right now, why mobile banking is only as safe as your app, and four ways Millennials are smarter about money than Baby Boomers.

5 Summer Tax Tips to Avoid Surprises in April
It’s never too early to start.

3 Common Saving Mistakes You Can Fix Right Now
Easy fixes.

From download to deposit, mobile banking only as safe as your app
Protecting your information.

Four Ways Millennials are Smarter About Money Than Boomers
They’re all about the budgets.

Filed Under: Liz's Blog Tagged With: Identity Theft, millennials and money, mobile banking, savings mistakes, tax tips

Tuesday’s need-to-know money news

August 9, 2016 By Liz Weston

help-parents-manage-moneyToday’s top story: Long-term care and wealth planning for aging parents. Also in the news: How Donald Trump’s new economic plan could affect you, student discounts on everything needed for college, and the cost of volunteering for a political campaign.

Long-Term Care and Wealth Planning for Aging Parents
Protecting their assets.

How Donald Trump’s New Economic Plan Could Help You (or Not)
What’s in it for you.

Use These Student Discounts to Save on Everything You Need for College
From books to clothes to computers.

The Costs of Volunteering for a Political Campaign
All that free labor can be pricey.

Filed Under: Liz's Blog Tagged With: college discounts, Donald Trump, elderly parents and money, election, long term care, long-term care insurance, volunteering

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