Dear Liz: I retired last year. I am 67, have more than $1 million in my retirement accounts, $80,000 in individual stocks, $50,000 in cash and more than $200,000 in equity in my home. I don’t need to tap my Social Security benefit yet and can afford to wait until I am 70 to get […]
Recent Blog Posts
Deceased dad’s rock triggers bitter family fight
Dear Liz: We are settling my dad’s estate. My dad found a rock, and it sat in my parents’ frontyard for years. He worked in a gravel pit for decades, and that was the only rock he found interesting enough to bring home. When my mom died, we held an auction of their household goods. […]
Friday’s need-to-know money news
Today’s big story: What you can get removed from your credit report. Also in the news: How to tell if your partner is a sound financial match, which Olympic medal would your savings plan win, and why online dating can be hazardous to your wallet. What Can I Get Removed From My Credit Reports? Patience […]
High school graduates are losing ground fast
We’ve known for awhile that incomes have been dropping for people with only high school educations. But there was a statistic in a recent Pew Research Center study that really set me back on my heels: 22% of people aged 25 to 32 who graduated high school, but not college, live in poverty. That compares […]
Thursday’s need-to-know money news
Today’s top story: How to trick yourself into saving money. Also in the news: Tips for mortgage borrowers, why you should read bank reviews, and when to consider hiring a financial planner. 5 Clever Ways to Trick Yourself Into Saving More Money You won’t feel a thing. Top 10 Tips for Mortgage Borrowers in 2014 […]
Wednesday’s need-to-know money news
Today’s top story: Capital One faces major backlash against home visit policy. Also in the news: Retirement strategies for the self-employed, how to choose between a will and a trust, a how your taxes could affect your chances of buying a home. Capital One policy about home visits causes backlash Customers aren’t thrilled with the […]