Suze Orman says all retirees now need to have a five-year ‘just-in-case’ fund — in cash. But is this a realistic (or reasonable) goal for most Americans?
If you’re heading into your golden years without a sizable "just-in-case" fund, you could be walking a financial tightrope without a safety net. Suze Orman expressed this concern during a recent episode of her Women & Money podcast. The personal finance expert believes seniors should save enough money to cover three-to-five years’ worth of living […]
I’m a 55-year-old divorced dad with $810,000 in my 401(k) and I’m maxing out my contributions every year. Can I realistically retire in the next 10 years?
If you’re a divorced dad in your mid-50s with kids and a healthy 401(k), retirement at 65 isn’t off the table, but it’s not just about your nest egg anymore. It’s about who you still need to support, how long that support might last and what lifestyle you’re aiming for. Many Gen Xers are now […]
‘We’re not asking for handouts’: These truckers cleaned up debris after California wildfires only to be burned by the system — and say they’ve yet to be paid the thousands they’re owed
After working long, grueling hours to clear the burn zone from the Palisades Fire in Los Angeles County, dozens of truck drivers in California say they’re still waiting on paychecks that never came. Alex Miramontes, owner and operator of Gray Valley Transport, says he and about 40 other truckers were hired to remove debris in […]
My wife and I, both 79, are trying to survive on $2K/month from Social Security. Our house is paid off and we have $50K in savings, but we’re scared of running out of cash — what do we do?
The average annual spending for U.S. households of those 75 years and older was $53,481 in 2022, according to the Bureau of Labor Statistics. With a modest $2,000 monthly income from Social Security and $50,000 in savings, it’s natural to be worried about outliving your savings and looking for some guidance. Don’t miss I’m 49 […]
‘Hey, you guys!’ Iconic movie homes like The Goonies house are getting treasure-worthy makeovers — and real estate investors are turning cult-favorite sets into bucket-list stays
The iconic Astoria house from The Goonies that sparked countless childhood adventures is getting a treasure-worthy makeover — nearly 40 years after the film first hit theaters, it’s being restored to its full 1985 glory. “The whole house top-to-bottom, back to the way it was in the movie,” James Pearse Connelly, the Emmy-winning designer leading […]
Angry pavers intentionally pushed asphalt up against doors of this Oklahoma gas station — trapping terrified owner inside. But she says she agreed to nothing. How to prevent a similar ordeal
An unexpected sales pitch paved the way to a terrifying ordeal for one gas station owner. According to Lisa Hoang of Moore, Oklahoma, she allegedly fell victim to an attempted extortion by a rogue paving crew. The confrontation happened when workers from Done Right Paving, based in Kalispell, Montana, allegedly dumped their extra asphalt across […]
‘The solution isn’t to abandon markets’: BlackRock’s Larry Fink is betting on a new wave of investment as a cure for economic anxiety. What he’s selling and what it means for your portfolio
Just when people are more worried than ever about their investments, even to the point of cashing them out, BlackRock Inc. CEO Larry Fink says it’s time to go all in. But he has a specific investment in mind: private equity, also known as alternative investments. BlackRock (BLK) has long been known for its low-cost […]
‘Don’t be embarrassed’: Las Vegas police urge scam victims to ‘come forward right away’ after making 12 arrests linked to ‘security courier’ scheme that conned $3 million out of 24 victims
Las Vegas police have arrested 12 people in connection with a crime wave swindling dozens of victims out of their life savings — not at the casino but on their computers. As Las Vegas CBS affiliate 8 News Now reports, 24 victims who lost a total $3 million have come forward to date, launching the […]
I’m 29 and making $55,000 a year — but between my $1,850 rent, student loan payments and trying to save up to buy a car, I’m just living paycheck to paycheck. How do I break the cycle?
Imagine you’re a 29-year-old professional making $55,000 a year, but you pay $1,850 in rent and $300 in student loan payments each month. On top of that, you still have other expenses, such as utilities and groceries, and you want to buy a car to help you get around. It can feel like you’re stuck […]
Americans are now abandoning these once-coveted California cities, according to a new study. Here’s why — and the hot spots where they’re headed instead
It’s no secret that California’s golden glow has started to dim for many residents. The latest PODS Moving Trends Report reveals a mass migration as people pack up and move out of the Golden State, with seven cities being hit especially hard. The reasons? Soaring housing prices, crime concerns, tax burdens, and the dream of […]
