Dear Liz: My wife plans to file for her Social Security benefit when she turns 66 in April 2020. I plan to file for my benefit at age 70 in July 2022. Can I file for a spousal benefit when my wife files in 2020? Can my wife claim a spousal benefit in 2022 when […]
Recent Blog Posts
Q&A: Mortgage payoff pros and cons
Dear Liz: Should we use a $350,000 inherited non-spousal Roth IRA to pay off our mortgage? We have $285,000 left on our mortgage and would like to retire within 10 years. This is our dream home, and we don’t think we can otherwise pay it off before retiring. We have $1.1 million in other retirement […]
Q&A: Here’s a primer on all those estate planning documents
Dear Liz: Our dad’s kidneys are failing. Our mother passed away awhile ago, so it’s just me and my sister. He has a will, and my sister is on his bank account, but how do we handle the house transfer? Do we need a living will? We don’t want it to go into probate. We […]
Friday’s need-to-know money news
Today’s top story: Would student loan refinancing pay off for you? Also in the news: How store credit cards can leave you unprotected, the newest workplace perk that looks a lot like a payday loan, and the best (and worst) tippers in America. Would Student Loan Refinancing Pay Off for You? The type of loan […]
Thursday’s need-to-know money news
Today’s top story: The 6 big retirement mistakes and one way to avoid them. Also in the news: Decode your credit card’s fine print like a pro, use caution when shopping with buy now/pay later, and avoid ATM fees by getting cash back at the store. The 6 Big Retirement Mistakes — and One Way […]
Wednesday’s need-to-know money news
Today’s top story: How to buy a house without help from your family. Also in the news: What Walmart’s upgraded cards have in store for shoppers, the cheapest ways to fly to Disney World using points and miles, and how to boost your savings post-Fed interest rates cuts. How to Buy a House Without Help […]