Elder financial fraud is worse than we thought. Here’s what we can do about it.

Elder financial fraud is worse than we thought. Here’s what we can do about it.

Our parents’ financial rules of thumb were pretty simple and easy to follow: Neither a borrower nor a lender be, pay back your mortgage before retirin[......]

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9 things retirees should never keep in their wallets

9 things retirees should never keep in their wallets

You and your hard-earned savings have finally made it to retirement. Why risk losing anything if your wallet goes missing or is stolen? Because wit[......]

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Should I take out a loan to pay my debts?

Should I take out a loan to pay my debts?

Q: "I have student loan debt and have racked up about $6,000 in credit card debt over the last three years. I'm thinking of taking out a personal loan[......]

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Train your brain to save more and spend less

Train your brain to save more and spend less

Put more money in your pocket.

Your brain and your wallet aren't always on speaking terms. Despite good intentions, mental tics and tripwires often u[......]

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Paying off your mortgage could be the smartest investment of 2018

Paying off your mortgage could be the smartest investment of 2018

New tax law makes ridding yourself of debt even savvier.

What's the best investment you can make in 2018? Three considerations — taxes, risk and the[......]

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7 retirement investing mistakes to avoid

Avoid investing potholes

A pothole in the road can throw off your car’s alignment. Likewise, investing potholes can permanently throw off your retirement plans.

Take unadvertised fees, for instance. Paying an additional 1 percent in fees every year over the span of a career can lighten your acco[……]

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The myth of outliving your retirement savings

When Doug Anderson retired as an electrician at the end of 2016, he worried he would run out of money. So he put himself on a miserly spending plan.

A financial planner disagreed, however, and assured Anderson that his pension and savings would be plenty for a lifetime. In fact, the planner told[……]

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It’s harder than you think to spend down your 401(k) account in retirement

Hoarding retirement savings is a risk.

At a recent conference, retirement experts concluded that the lack of an easy drawdown mechanism in 401(k) plans was the major challenge facing the 401(k) system.

In 2014, the Treasury Department and the IRS issued guidance that made longevity annuities[……]

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Elder financial fraud is worse than we thought. Here’s what we can do about it.

Our parents’ financial rules of thumb were pretty simple and easy to follow: Neither a borrower nor a lender be, pay back your mortgage before retiring, and balance your bank checkbook every month to be sure you’re living within your budget.

By contrast, today’s financial marketplace is far more[……]

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What really matters for an index fund: Tax skill

Some investors think that fees are always the difference. But it seems that some fund families are just better at managing tax issues than others.

Many investors believe that the best way to choose among similar index-tracking funds for long-term investment is to pick the one with the lowest fees.[……]

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What to consider before you change your residence because of the new tax law

Limits on deductions for state and local taxes have created a greater incentive for taxpayers living in high-tax states.

For some people, saving taxes under the new law could be a moving experience.

Among the biggest changes is a provision limiting deductions for state and local taxes to $10,000[……]

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