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Recent Blog Posts

December 20, 2021 By Liz Weston

Monday’s need-to-know money news

Today’s top story: What to do when your holiday gifts haven’t arrived. Also in the news: A new episode of the Smart Money podcast on financial accomplishments, how pet insurance can keep costs in check, and the benefits of an unpaid internship. Your Holiday Gifts Still Haven’t Arrived. Now What? Remain calm. Smart Money Podcast: […]

December 20, 2021 By Liz Weston

Q&A: Lump sum vs. annuity

Dear Liz: You recently answered a question about taking a lump sum retirement versus an ongoing pension. You didn’t mention that the pension will stop when the employee dies (whether it’s after 40 years or 40 days) or when the spouse dies (same thing) if that was chosen. The children get nothing. What about taking […]

December 20, 2021 By Liz Weston

Q&A: Look for a fee-only planner

Dear Liz: I am starting to receive marketing mailings from financial advisors inviting me to a free lunch or dinner to listen to annuity investment presentations. I went to one recently by a fee-based financial planner who told me he also acts as a broker when investing in annuities. He’s been pressuring me to invest […]

December 20, 2021 By Liz Weston

Q&A: What you need to know about power of attorney documents

Dear Liz: My husband has Parkinson’s disease and is showing early signs of dementia. I’ve been advised to get a financial power of attorney. If all of our accounts are joint, is this necessary? What will that do for me? Answer: A power of attorney gives you the authority to make decisions on your husband’s […]

December 16, 2021 By Liz Weston

Thursday’s need-to-know money news

Today’s top story: A year-end checklist to make the most of retirement age. Also in the news: How the government’s next step to fight inflation could impact savers, myths about iBuyers, and why you shouldn’t spend a dollar to save a nickel on gas. A Year-End Checklist to Make the Most of Retirement Savings Age […]

December 15, 2021 By Liz Weston

Wednesday’s need-to-know money news

Today’s top story: Keep an eye on debt using visual aids. Also in the news: How to make last-minute flight changes, pet insurance can help keep costs for your furbaby in check, and nearly 30% of shoppers haven’t paid off last years holiday debt. Keep an eye on debt using visual aids Visual aids provide […]

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