Personal Finance
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He’s an Engineer in His 60s With Nearly $500,000 in Student Debt. Retirement Isn’t on the Table.
© Branislav Nenin / Shutterstock.com The Retirement That Keeps Moving Further Away Picture a man in his early 60s who…
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Why High-Earning Pilots Should Delay 401(k) Roth Conversions Until After Mandatory Retirement at 65
© Image Source / Getty Images A 63-year-old widebody captain sits on a $1.7 million traditional 401(k), earns roughly $450,000…
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Big Hospital Systems Are Dropping Medicare Advantage Plans Mid-Contract. Patients Find Out by Letter
© fizkes / Shutterstock.com A letter arrives in late summer. The hospital system a retiree has used for 20 years,…
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These Retirees Are Looking at $4,152 in Social Security. Could You Be 1 of Them?
© Odua Images and relif from Getty Images For millions of Americans, Social Security is a crucial source of retirement…
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Borrowing need will dictate your interest rate
Your decision between a HELOC or a home equity loan (HEL) shouldn’t come down to interest rate alone, but rather…
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America’s Debt Just Crossed a Level It Hasn’t Hit Since 1946, and Households Are Next in Line
© Leonard Zhukovsky / Shutterstock.com The last time America’s debt ratio crossed 100% of GDP, Harry Truman was in the…
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Retiring at 65 Comes With a $172,500 Medical Bill Medicare Won’t Pay, and That Excludes Long-Term Care
© Inside Creative House / Shutterstock.com A 65-year-old who signs the last enrollment form and thinks the money worries are…
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The Average 401(k) Is $168,000. The Median Is $48,000. One of Those Numbers Is Misleading You.
© dizain / Shutterstock.com Vanguard’s most recent How America Saves report puts the average 401(k) balance at $168,000, a figure…
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Burnham would be right to keep Miliband out of the Treasury
Markets will breathe a sigh of relief if incoming UK Prime Minister Andy Burnham keeps Ed Miliband out of the…
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‘Horrible, Horrible, Horrible’: Dave Ramsey Shreds a Debt-Free Retiree’s Plan to Lease a New Car Every 3 Years
© Pormezz / Shutterstock.com Max, a 70-year-old retiree from Ohio, called The Ramsey Show with what sounded like a reasonable…
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