Dear Liz: We are a working couple in our late 50s. We live a comfortable lifestyle, have no mortgage, no debt, and we enjoy our careers. Through luck and diligence we have built a sizable net worth of $4.5 million (37% equity in our primary residence, 37% IRAs, 25% taxable equities). The investments are being […]
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Friday’s need-to-know money news
Today’s top story: How to take charge of your credit this year. Also in the news: Several Chase cards will earn more rewards of Lyft rides, 6 inspired ideas for traveling smarter this year, and how much you need to save every month to earn $50K a year in interest for retirement. How to Take […]
Thursday’s need-to-know money news
Today’s top story: Here’s what bad financial advice can cost you. Also in the news: VA home loan limits disappear, fees rise, FAFSA and the military draft, and key questions to ask before buying that annuity. Here’s What Bad Financial Advice Costs You Don’t make someone else rich at your expense. VA Home Loan Limits […]
Here’s what bad financial advice costs you
Good financial advice leaves you better off. Bad advice does the opposite, and may even enrich someone else at your expense. In my latest for the Associated Press, some areas where you need to be particularly careful to seek out good advice, since bad advice can be so costly.
Wednesday’s need-to-know money news
Today’s top story: Turn your next car purchase into a vacation. Also in the news: The new version of layaway, how soon you’ll recover from holiday spending, and why Travelex users need to lock down their financial information right now. Turn Your Next Car Purchase Into a Vacation The car you want might be cheaper […]
Tuesday’s need-to-know money news
Today’s top story: How to create a retirement ‘paycheck’. Also in the news: Handy money rules of thumb for a quick financial checkup, how one woman ditched nearly $60K of debt in less than a year, and the retirement savings blind spot you don’t realize you have. How to Create a Retirement ‘Paycheck’ Creating a […]