Dear Liz: I need advice on choosing between a lump sum retirement benefit and a monthly payout till death (with a cost of living adjustment). The monthly payout option also includes health insurance benefits but the lump sum option does not. Answer: It’s hard to imagine a better option than a guaranteed, inflation-adjusted stream of income for […]
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Friday’s need-to-know money news
Today’s top story: What you need to know about Medigap Plan C. Also in the news: 5 steps to weed out Instagram ad scams, and cell phone Black Friday 2021 deals. What Is Medigap Plan C? What You Need to Know Medigap Plan C is no longer available for new enrollees. But there are other […]
Thursday’s need-to-know money news
Today’s top story: 3 Signs you’re ready to retire. Also in the news: 2022 Tax bracket, and buying budget tech. Reluctant to Retire? 3 Signs You’re Ready Some people do have a choice about when they retire, and yet they can’t quite bring themselves to quit working. Your Tax Bracket Just Changed for 2022 Federal tax […]
Wednesday’s need-to-know money news
Today’s top story: Prices are skyrocketing, and how to lessen the impact. Also in the news: How to talk to your parents about estate planning, air fryer Black Friday 2021 deals, and why travel insurance is a great holiday gift to yourself. Prices Are Skyrocketing: Here’s How to Lessen the Impact Inflation reached a 30-year high […]
Tuesday’s need-to-know money news
Today’s top story: Care about your credit score? Get strategic with card limits. Also in the news: Buy now, pay later traps, and what to know about bitcoin as it approaches $70,000. Care About Your Credit Score? Get Strategic With Card Limits Actively managing how much of your credit limits you are using can make […]
Reluctant to retire? 3 signs you’re ready
Many people don’t have much choice about when they retire. Illness, job loss or caretaking responsibilities push them out of the labor force, ready or not. But some people have the opposite problem: They do have a choice, and yet they can’t quite bring themselves to quit working. In my latest for the Associated Press, […]