Dear Liz: My husband and I have run into some serious medical bills recently. We have insurance, but one provider is out of network with a huge deductible and low payout, while another claim was flat-out denied. We’re looking at around $16,000 in bills, assuming nothing else is denied. What can we do to get […]
Recent Blog Posts
Q&A: Retirement account bears close scrutiny
Dear Liz: About five years ago, I transferred a 401(k) account to an IRA with a financial advisor recommended by a friend. I receive monthly statements, but like most people, I am busy and do not study them, which is my fault. The statements are very confusing, even though I am a college graduate with […]
Q&A: Healthcare coverage should be part of retirement planning
Dear Liz: You’ve been writing about how much to save for retirement, including how much of our incomes we should aim to replace with our savings. Two additional reasons to shoot for a higher replacement rate is the possibility that medical needs will be higher the older one becomes (even with Medicare and a supplemental […]
Friday’s need-to-know money news
Today’s top story: Why debt-to-income ratio matter when buying a house. Also in the news: Crucial insurance changed to make after divorce, how to manage your finances when you’re separated, and a bill in congress that would remove credit report strikes after four years. Debt-to-Income Ratio Matters When You’re Buying a House How to improve […]
Thursday’s need-to-know money news
Today’s top story: How to find the best deals for Memorial Day sales. Also in the news: Money mistakes to avoid for new grads, why Americans are pretty clueless about their credit cards and scores, and deciding what to do with an old 401(k). Memorial Day Sales: How to Snag a Good Deal, Guaranteed The […]
Wednesday’s need-to-know money news
Today’s top story: Insurance changes to make when you retire. Also in the news: Deciding between whole life and term life insurance, protecting your credit card points, and the pros and cons of balance transfer credit cards. 5 Insurance Changes to Make When You Retire It’s a whole new ballgame. Should I Get Whole Life […]