Most retirement advice has a flaw: It’s being given by people who haven’t yet retired. So I asked money experts who have quit the 9-to-5 for their best advice on how to prepare for retirement. In my latest for the Associated Press, what the experts say you can do to prepare yourself both financially and […]
Recent Blog Posts
Q&A: When a new spouse brings surprise debt to the marriage
Dear Liz: I’m 58 and got married for the first time almost two years ago. I discovered my wife has several incredibly large outstanding student loans, including a parent Plus loan for her son’s education that she thought was in deferment and that has nearly doubled to well over $100,000. In addition, my wife has […]
Q&A: Federal estate tax exemption
Dear Liz: You mentioned that the federal estate tax exemption limit this year is $5.49 million per person. Can I double that if married? Answer: Essentially, yes. Married couples can double the amount that can be given or bequeathed to heirs tax free. If one spouse doesn’t use up his or her exemption, the surviving […]
Friday’s need-to-know money news
Today’s top story: Why you should front-load your IRA in January. Also in the news: Rideshare insurance for drivers, why January is the best time to buy a home, and how fifteen minutes a day can get your finances in order. Front-Load Your IRA in January for a Bigger Payoff It’s all about compound interest. […]
Thursday’s need-to-know money news
Today’s top story: Debt collectors continue to defy requests to stop calling. Also in the news: How to map out a year’s worth of shopping, how stuck-in-the-middle parents can afford college, and why your free credit score might not be what you think it is. 3 in 4 Say Debt Collectors Defy Requests to Stop […]
Wednesday’s need-to-know money news
Today’s top story: Trump’s student loan repayment play vs. Obama’s REPAYE. Also in the news: What to do if you’re rejected for a checking account, how divorce can affect your credit score, and how easing your financial stress could help you live longer. Trump’s Student Loan Repayment Plan vs. Obama’s REPAYE Understanding the differences. Can’t […]