Pensioners shouldn’t make drastic moves due to debt ceiling deadline

Pensioners shouldn’t make drastic moves due to debt ceiling deadline

As the United States nears the end of the debt ceiling, Dave Boniface fielded calls and emails from older clients. “The anxiety is mounting pretty quickly,” says Boniface, a financial adviser at Legacy Capital, a subsidiary of LPL Financial, in Forest Lake, Minnesota. Pensioners are worried about how the economy will evolve if lawmakers fail … Read more

Will Social Security exist for Millennials and Gen Z?

Will Social Security exist for Millennials and Gen Z?

An infamous 1994 poll found that 46% of young Americans believed in UFOs, while only 25% believed they would receive their Social Security benefits. Fast forward nearly 30 years, and nearly three in four Americans (74%) say they do not rely on Social Security benefits when planning their retirement income, according to recent research by … Read more

Vinícius Júnior’s racism in football dispute sparks heated debate off the pitch in Spain

Vinícius Júnior’s racism in football dispute sparks heated debate off the pitch in Spain

MADRID (AP) — Repeated racist slurs against Brazilian soccer star Vinícius Júnior have sparked a heated debate in Spain about tolerance for racism in a rapidly diversifying society on and off the pitch. Since the start of the season in August, the Real Madrid winger has suffered racist abuse from fans of at least five … Read more

Strategies of a “Happy Investor” and How She Builds Generational Wealth

Strategies of a “Happy Investor” and How She Builds Generational Wealth

The investment information provided on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, and does not recommend or advise investors to buy or sell particular stocks, securities or other investments. When Ange Matthews started her first full-time position as an associate recruiter in 2007, she earned $40,000. After … Read more

Jimmy Carter, 3 months in palliative care, is aware of the tributes, enjoying ice cream

Jimmy Carter, 3 months in palliative care, is aware of the tributes, enjoying ice cream

Flowers are left at the base of a giant bust of former U.S. President Jimmy Carter at the Jimmy Carter Library and Museum on February 23, 2023 in Atlanta, Georgia. Win Mcnamee | Getty Images News | Getty Images Three months after beginning end-of-life care at home, former President Jimmy Carter remains in high spirits … Read more

It’s the best state for military retirees – and it’s the worst

It’s the best state for military retirees – and it’s the worst

Florida leads the ranking of best places to live for retired military families, followed by South Carolina and Virginia, thanks to factors such as health care, favorable tax policies and a market solid work. Oregon came in last place, while the District of Columbia ranked 50th and Nevada 49th, according to research by WalletHub. WalletHub … Read more

I don’t want to pay 1% to a financial advisor. How do I find an hourly advisor?

I don’t want to pay 1% to a financial advisor.  How do I find an hourly advisor?

Question: I want an hourly Certified Financial Planner but I can’t find one near me. NAPFA and Garrett Planning Network point me to planners in Phoenix, but it’s a two hour drive. Any suggestions on how to find local planners in Tucson? Why is it so much harder to find schedule planners than planners who … Read more

How can you trust a financial advisor if you don’t know what you’re getting into?

How can you trust a financial advisor if you don’t know what you’re getting into?

Over the years that Pam Krueger hosted MoneyTrack on PBS, listeners constantly told her they were so afraid of going to see a financial planner that they categorized it as going to the dentist or seeing a divorce lawyer. “They are so intimidated in that first meeting. They feel like they’re going to be judged, … Read more

These “curve balls” could sabotage your retirement

These “curve balls” could sabotage your retirement

There’s an old Yiddish phrase, “Man plans and God laughs,” which seems particularly apt for retreat. You may have been saving up for this stage of life and thinking about what you will do with your new free time. But chances are you’ll find yourself facing what a new retirement study from financial services firm … Read more

My husband passed away and his HSA funds were sent to me. Do I have to pay taxes on it?

My husband passed away and his HSA funds were sent to me.  Do I have to pay taxes on it?

Posted: May 19, 2023 2:05 PM ET My husband passed away on November 5, 2022 and left no will. So I created an estate, with an EIN number, and I have been the administrator since December 5, 2022. I found a health savings account in which I contacted the HSA bank and after many emails … Read more