Dear Liz: My profession was one of the hardest hit by the Great Recession. I retired by default when I turned 62 in 2012. My Social Security payment was reduced because I started it early. I’ve found it necessary to return to the workforce part time to move beyond just surviving and have some discretionary […]
Recent Blog Posts
Q&A: Investing books for beginners
Dear Liz: What are the best books for a beginning adult investor? Answer: “The Little Book of Common Sense Investing,” by the late John Bogle, is a terrific explanation of why low-cost index funds are the best choice for most people (a sentiment shared by legendary investor Warren Buffett, who also endorsed the book). If […]
Friday’s need-to-know money news
Today’s top story: Father’s Day gifts under $50. Also in the news: Tips for couples on merging money, a savings account for those on Disability, and why many Americans say their financial situation is worse since the Great Recession. 7 Father’s Day Gift Ideas Under $50 The clock is ticking. Love Is Thicker Than Venmo: […]
Thursday’s need-to-know money news
Today’s top story: What will long-term care cost you? Also in the news: Social Security myths, the best cities for first-time home buyers, and how to pay less to your credit card company. What Will Long-Term Care Cost You? Almost everyone will need it after 65. Don’t Believe These Social Security Myths Checking the facts. […]
Tuesday’s need-to-know money news
Today’s top story: Why you should shop for a car loan before going to the dealership. Also in the news: The lowdown on new tools to jump-start your credit, 7 Father’s Day gift ideas under $50, and the best beach towns to spend your retirement. Car Buyers’ Best Cost-Saving Move: Shop for a Loan First […]
Don’t believe these Social Security myths
Researchers tell us that most people would be better off waiting to claim Social Security benefits. Yet most people file early. More than half apply for Social Security before they reach full retirement age, which is currently 66 and rising to 67 for people born in 1960 and later. More than 30% apply as soon […]