Dear Liz: A family member recently lost her spouse. His monthly Social Security check was $1,800 and hers is $750. I have two questions. First, is my understanding correct that she is able to begin collecting his monthly amount instead of her own? Second, instead of collecting Social Security based on her earnings history, was […]
Recent Blog Posts
Q&A: Health sharing plans don’t work for everyone
Dear Liz: I read your column about healthcare options for couples planning for retirement today. I’ve recently learned about and signed up for health sharing. The benefits are closely comparable to traditional insurance and less expensive. If you haven’t heard about this, I think it’s worth looking into. Answer: Christian health sharing plans are an […]
Q&A: Healthcare costs and retirement
Dear Liz: You usually don’t give me such a laugh, but today’s letter was from someone who’s 41 and her husband is 51. They now have $800,000 saved and want to retire early. You told them they might do better leaving the country since it will be so bad for them with health insurance. My […]
Friday’s need-to-know money news
Today’s top story: How to make June’s Fed rate hike work for your savings. Also in the news: What the Fed rate hike means for your CDs, how to save money on wedding music, and making it easier for your loved ones to figure out your finances if you die. How to Make June’s Fed […]
Wednesday’s need-to-know money news
Today’s top story: Why brand loyalty makes some blind to retail cards’ flaws. Also in the news: The good, the bad and the budget of destination weddings, how to save on central air, and what to know about your insurance when you’re on vacation. Why Brand Loyalty Makes Some Blind to Retail Cards’ Flaws Your […]
Tuesday’s need-to-know money news
Today’s top story: How 1% savings hikes can spice up retired life by $1 million. Also in the news: 7 ways to save at Disneyland, why you shouldn’t let a down payment scare you from buying a home, and how Millennial men and women invest differently. 1% Savings Hikes Can Spice Up Retired Life by […]