Perpetrators of elder theft are often people known and trusted by older adults.
My immediate inclination is that the found money feels like a gift.
Absent a bodacious post-midterm election bounce and/or late-year “Santa Claus” rally, stock and bond mutual funds seem likely to end 2022 in deeply negative territory.
You have two primary options: Refinance to a fixed rate mortgage or move.
In addition to annual tax planning, one concept to consider is looking at lifetime tax implications and trying to achieve lifetime tax smoothing.
Buying life insurance is not fun. It requires you to formally acknowledge your mortality, relinquish a few vials of blood, and part with dozens of dollars each month.
Two of the greatest minds in investing believe economic and market forecasts offer only the illusion of certainty and you should never base your decisions on them.
In order to account for both inflation and increased consumerism, I’ve decided to track my spending by actually tracking my savings. In other words, I took a look at what percentage of my income I was actively saving.
One thing I try to remember is that there are things within our control and others that are beyond our control.
I’ve determined that a person’s ability to apply urgency in less-than-imminent situations is what puts that person at a distinct advantage.
I am interested in exploring how the main problem might get worse because of this forgiveness plan.
Probate is the process by which debts are paid and assets are divided after a person passes away. The probate process can apply whether or not the deceased left a will.
There’s some prudence in your discernment. But my gut tells me your consternation is present due to the lack of communication.
Historically, stock prices have been: 1. weaker in MTEYs (median annualized return of 3.1% for the Dow Jones industrial average going back to 1900) than in years one (12.7%), three (14.8%) or four (7.4%) of a presidential cycle, but, 2. stronger in the months immediately following the election itself.
I lived in a world of blissful ignorance. So does your husband.
While having sufficient resources to last for your lifetime is important to your quality of life, a bigger question is, “What’s your purpose?”
One of the biggest mistakes I see parents make with their college-funding investments is ignoring time horizon.
We are currently in a bear market (usually defined as declines greater than 20%). This is not something to be feared—just understood.
I would not even consider retiring until your spending matches your projected retirement income for at least six months.
I’ve found myself making more decisions like this in the last six to eight weeks, and I’m hoping you’re starting to make these types of decisions too.