A reader wrote me to ask whether long-term care insurance is recommended. It’s a tough question, and very dependent on individual circumstances. Can you help improve my reply to the reader, please?
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What’s the worst sort of advice? “Standard” advice. Here are 3 pieces of standard financial advice best ignored.
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You paid the government too much in 2015, and now a fat tax refund is coming your way. Here’s how to get the most bang for your refund buck.
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You still have time to slash your 2015 tax bill by up to $4,000! Here’s how.
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The average American 75-year old carried 25% more credit card debt in 2015 compared to 2003. As my late mother once said to me: “These are definitely not ‘the golden years’.”
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Did you get an email reminder to review your annual Social Security Statement online? Did you wonder whether the reminder was legitimate? I did. And do.
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For the third time just since 2000, markets are again illustrating why the standard “expert” advice to retirees to invest the lion’s share of their portfolios in stocks is, for most of these small investor retirees, not only wrong but inexcusably irresponsible.
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Did you miss any of 2015’s top 5 most-read Money Counselor articles? Find links to all here.
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Turn down Jingle Bells just long enough to have a look at these 4 IRA tips. Money doesn’t grow on Christmas trees you know!
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The average American 65-year old retiring now will pay $583 per month in healthcare costs. In 5 years, that expense will more than double… read this for even more scary stuff about Americans’ healthcare costs in retirement.
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