Dear Liz: The wife and I are both 65. We both work, with a combined income of $125,000, of which we spend almost all. We have $550,000 in IRAs and $1 million in other investments, plus home equity of about $500,000. We’ll get $3,800 from Social Security if we start next year but plan to […]
Recent Blog Posts
Q&A: Authentication apps can help thwart hackers
Dear Liz: I’ve heard that authentication apps are a better way to go than two-factor authentication that texts codes to your cell phone. Can you explain more? Answer: Two-factor authentication adds an additional layer of security to financial, email, social media, cloud storage and other accounts. The first factor is something you know, which is […]
Q&A: Here’s how to find that annual free credit report
Dear Liz: Please tell me the website for the free credit check. At a department store checkout counter, a stranger’s name came up connected to my cellphone number. I think I should check my credit reports, but I don’t want to pay for what I understand I can get free. Answer: It’s entirely possible a […]
Friday’s need-to-know money news
Today’s top story: How ‘free’ credit cards can cost you. Also in the news: Plan, give and spend smart to avoid holiday debt, answers to 5 trick questions from car dealers, and 7 tips on becoming a ‘financial’ caregiver. How ‘Free’ Credit Cards Can Cost You Reading the fine print. Plan, Give and Spend Smart […]
Thursday’s need-to-know money news
Today’s top story: 6 reasons there aren’t enough homes for sale. Also in the news: 3 day trading tax tricks, a major tax hike could be waiting for grad students, and giving up your rights when getting a credit card. 6 Reasons There Aren’t Enough Homes for Sale It’s getting tougher to find a house. […]
Wednesday’s need-to-know money news
Today’s top story: 3 reasons to be petrified of Bitcoin. Also in the news: A ‘Born Spender’ goes on a spending fast, how to stop your grown kids from ruining your retirement, and how to hide gifts from your partner when you share bank accounts. 3 Reasons to Be Petrified of Bitcoin The cryptocurrency reaches […]