When a blackout knocked out electricity in a multi-state area in 2003, Gabriella Barthlow, a Detroit-area financial coach, was ready. She had enough money to buy food for herself and her two young children, and put gas in her car in case they needed to leave the house. “I was so happy to have this …
Are you ready for the next emergency? Follow these steps to prepare. Read More »
How can I be sure to find an advisor who cares about me and my situation? Getty Images Question: I need a financial planner as I am looking to review my current financial situation and goals. The last one I spoke to was more interested in talking about himself and his finances, which wasn’t productive. …
Mrs. Dow Jones aka Haley Sacks Uncredited Hayley Sacks thinks there’s often a funny – and absurd – side to finance. Indeed, a sample of her Instagram account (@mrsdowjones), which has over 320,000 followers, reveals a wide range of posts and memes, including a photo of Kim Kardashian on her private jet which reads: When …
6 rules of money only the rich know, says Instagram finance star Ms. Dow Jones Read More »
Question: I accept an offer of early retirement from my longtime employer of 24 years. In March 2023, I will retire and receive nine months of salary and benefits. During this time, I will look for another job of 30 or 40 hours per week. I would like to do this in order to invest …
We often talk about the challenges people face when they suddenly become rich. Receiving a cash windfall – from an inheritance or a lottery jackpot, for example, can turn someone’s life upside down in unexpected ways. People who experience a sudden loss of wealth also have their lives turned upside down – their plans for …
I am a single woman in my late 40s with no children. At 50, my federal agency will allow me to retire with a full pension. I’m planning on doing this because I have a large amount saved in my savings plan, and I’m going to be moving to a southern state, probably Georgia. A …
I’ve reached the point in my life where I want to settle down, but I recently had a disagreement with a friend about my priorities, and I’d appreciate your insight. I’m 46, single, and make $210,000, not including my annual bonus. I have paid off my student loans and I own my house. He is …
Do you want to make the most of the money you have saved for your retirement or do you want to maximize your benefits? There are many insightful books to shed light or offer alternative perspectives on all aspects of this next chapter in life. Retirement tip of the week: In anticipation of the new …
Want a better retirement? Add these books to your reading list. Read More »
Getty Images Question: I retired in January 2022 just before the market started to crash and saw a 30% loss in value of my IRA portfolio. My husband and I don’t have a formal financial plan because he doesn’t believe in financial advisors. I feel very adrift financially and have tried to educate myself but …
Getty Images/iStockphoto Question: I’m 56 and work for a state university, so I will have a state retirement plan. Previously, I worked full time and contributed to social security for 20 years. I still work part-time and contribute to social security. I plan to retire in six years at age 62 and have recently started …
