Here are 3 Social Security myths that can ruin your retirement — are you falling victim to any of them?
Your friend’s cousin on Facebook may be a smart guy, but since he’s not a tax expert, you might want to avoid taking advice from him on the latest Social Security benefit rules. If you have questions about Social Security, your best bet for information is the Social Security Administration (SSA) website or your financial […]
Wall Street-backed firms are squeezing hopeful homebuyers out of the real estate market in California — and 1 lawmaker says it amounts to ‘housing-crisis profiteering’
A California real estate analyst discovered that thousands of homes in the state are owned by big Wall Street firms. And, in the midst of a housing affordability crisis, the California State Assembly is taking notice. Curious about how many California homes are owned by Texas-based real estate investment trust (REIT) Invitation Homes, Ryan Lundquist […]
OIder Americans got fleeced online last year, FBI says, losing an average $83,000 to scams. Here’s how to learn from their mistakes
Being robbed doesn’t always happen at gunpoint. Cybercriminals can sneak into your home through your computer and your phone — and may make you an unwitting accomplice to your own robbery. It’s a problem for everyone, but if you’re over 60, you’re particularly vulnerable. Last year, losses to cybercrime increased 33% from 2023 to a […]
My mom, 60, is deep in debt and she’s demanding I take out a loan to help her pay it off — I already said no but now she’s telling everyone in our family I’ve ‘betrayed’ her. What do I do?
Picture this: Tabatha, 29, is a registered nurse who makes about $80,000 a year. She’s always been responsible with her money, which means she’s debt-free, has an emergency fund and is setting aside money for her future. But her mom, who is $20,000 in debt, is now pressuring Tabatha to take out a loan to […]
Americans could see price hikes across the country thanks to Trump’s trade war — so don’t get caught napping. Here are 5 ‘everyday items’ to load up on before they become more expensive
American consumers can expect to see higher prices for goods made in China — and maybe even empty shelves. After President Donald Trump’s “reciprocal” tariffs were announced on April 2, markets took a nosedive. A 145% tariff on Chinese goods effectively blocked trade and resulted in a slowdown at ports. The CEOs of major retailers, […]
I spent way too much in my first 4 years of retirement on fun things like travel — now I worry I’ll never get back on track. What do I do?
Retirees usually have bucket lists and dream vacations they want to go on while they’re still healthy and fit. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 6 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 […]
‘They don’t care’: Veteran and longtime Bay Area restaurateur fired by VA hospital after sounding alarm about alleged ‘below standard’ food safety
Dennis Berkowitz just got fired from his volunteer job. His transgression? He says it was looking out for the veterans of the Palo Alto VA Hospital, where he was working in the kitchen — and where he says food was stored unsafely and served to patients. Don’t miss I’m 49 years old and have nothing […]
‘You willfully ruined people’s lives’: Florida man to spend 20 years behind bars for swindling customers out of $1.3M — leaving them with unfinished pools and ‘a shattered sense of security’
Putting a pool in your backyard is a major decision — costing upwards of $100,000, according to HomeGuide — that inevitably involves disruption. But for Tampa Bay-area clients of Olympus Pools, the cost and disruption were far more than they bargained for. As WFLA News Channel 8 reports, hundreds were left with nothing but holes […]
‘Gold’s not going to solve it’: Arizona man called into The Ramsey Show for advice on protecting his family in the case of ‘societal collapse’ — here’s the surprising advice they gave him
Chris from Phoenix is worried about “huge civil unrest” resulting from a collapsed dollar — and he doesn’t think President Donald Trump or billionaire Elon Musk can fix the situation. The dad of two young daughters called into The Ramsey Show and asked co-hosts George Kamel and Dr. John Delony for their thoughts on how […]
I’m 69 with $375K in savings but I’ve got a $250K reverse mortgage causing me serious stress. Should I just use most of my savings to pay it off ASAP and aim to survive on CPP?
Imagine this scenario: Samantha is retired at 69, but a few years back she took out a reverse mortgage. Now, she’d like to be done with it, especially since the loan comes with a hefty interest rate of 6.75%. She currently has about $375,000 in home equity while her reverse mortgage loan is close to […]