This week’s top story: How to protect yourself from student loan scams as bills resume. In other news: Increased commuting costs, how Disney turned Halloween into a money-making machine, and 3 steps to booking holiday travel. How to Protect Yourself From Student Loan Scams as Bills Resume If you get a random text or call about […]
Recent Blog Posts
Q&A: Finding an affordable fee-only financial advisor
Dear Liz: You always advocate hiring a fee-only financial advisor. But where do you really find one? I found those who say they are fee-only are really “assets under management” advisors when you dig down deep, and the cheapest fee-only advisor I’ve found costs $6,000. I just want them to look over my financial plan and […]
Q&A: You might have unclaimed retirement benefits. How to find them
Dear Liz: My wife recently received from the Social Security Administration a notice of “Potential Private Retirement Benefit Information.” It cites a 401(k) account with a previous employer with a relatively small balance and states the “year reported” as 1992. My wife does not have any recollection of ever cashing out this account. Should the account […]
Q&A: Options for transferring condo to heirs
Dear Liz: I would like to get advice on how to transfer my condo to my son and grandchildren. It looks like I don’t have too much living left and need to get a clear understanding of what would be better for me and for them. All the articles are very confusing. Can you advise me […]
How to plan for a potential inheritance
The amount of wealth millennials and Gen Xers stand to inherit from their parents and grandparents almost defies comprehension: According to Cerulli Associates, a Boston-based research and consulting firm, $84.4 trillion in wealth will be transferred between 2021 and 2045, primarily from baby boomer households to younger generations. Inheritances aren’t just for the rich: Less […]
This week’s money news
This week’s top story: Biden cancels another $9B in student debt for 125,000 borrowers. In other news: Tips for managing holiday budgets and stress, 4 ways married couples can use tax breaks to build wealth, and how climate change could affect when and where people travel. Biden Cancels Another $9B in Student Debt for 125,000 Borrowers […]