I’m 56 and my wife died suddenly a few weeks ago. I’m finally ready to think about the future, but she made 65% of our income and I won’t be able to afford our bills on my own — what do I do?
Consider this scenario: Paul’s wife unexpectedly passed away a few weeks ago. Aside from the shock of losing the love of his life, he has a new source of stress he wasn’t prepared for: His wife made 65% of their household income. And he can’t afford the mortgage on his own. Don’t miss I’m 49 […]
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 […]
There’s a new ‘magic number’ Americans say they’ll need to retire comfortably — and it’s a shocking change since 2024. Here’s how to reach it ASAP without turning to sorcery
Humans often seek easy answers and shortcuts. This is not always a flaw, but a form of efficiency. So, it’s no surprise that we want a ‘magic’ answer to one of the biggest financial decisions we need to make: how much to save for retirement. As a result, we often have a ‘magic number’ in […]
Car theft in Chicago is dropping, say police — but now these 3 brands are hot-ticket items for thieves looking to commit bigger crimes. Do you drive one of them?
There’s good news and bad news for Chicagoans worried about car thefts. First the good news. With co-ordinated efforts from police, lawmakers and automakers across the country, car thefts are tracking down nationwide. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 6 […]
Can buying in bulk actually cost you more? Why Americans desperate for savings should be wary of warehouse clubs like Costco
With prices rising, consumers are increasingly looking for ways to save money. And one way to do that is through warehouse club retail stores, like Sam’s Club, Costco and BJ’s Wholesale Club. But is membership all it’s cracked up to be? Shopper Britney Downing tells KHOU-11 that she saves on cereal for her five kids. […]
‘We’re looking at a slowdown’: 3 warning signs point to a U.S. recession. Find out what the indicators are and how to protect your finances in the months ahead
The U.S. is not in a recession — yet. But with policy uncertaintly around tariffs, mass deportations and Department of Government Efficiency (DOGE) cuts, some economic observers believe the odds are rising. “We’ve got a real uncertainty problem, it’s going to be hard to fix that,” former Treasury Secretary Lawrence Summers said in an interview […]
‘I’m Daisy from Apple’: This Philadelphia man lost over $1,000,000 in 2 back-to-back scams — plus red flags to watch for next time you call a business for help
Joe Subach was just trying to send some money to a friend. But one phone call later, with a woman named ‘Daisy,’ and his financial situation was forever changed. Subach was the victim of two back-to-back scams — one that even involved him handing over his precious metals to money mules — that drained him […]
I’m 68 and retiring in June after 19 years at my company — should I give many months of notice or just 4-to-6 weeks to avoid a last-minute ‘grunt work’ dump?
Mildred has worked as a manufacturing engineer at an auto parts company for the past 19 years. Over time, Mildred has become indispensable to her company. She possesses in-depth knowledge of several of the company’s manufacturing processes that few others have. She loves her job, her coworkers and her manager, but she’s worried about remaining […]
This Florida family was left with staggering $700,000 in flood damage after Costco fridge installation turned into nightmare — why ‘free’ service often costs far more than you think
What should have been a straightforward home upgrade has turned into an ongoing nightmare for one family in Jacksonville, Florida. The problem started back in November, when Bradley Byrd purchased a $3,500 fridge from Costco. The fridge came with a free appliance installation service, but this “free” service didn’t exactly turn out to be without […]
My husband and I, both 68, just retired, and all our friends are downsizing their homes. Our condo suddenly feels too small for our hobbies and grandkids — is it crazy to upsize instead?
Janelle and her husband, both 68, recently retired and are ready to make the most of their golden years. They own a condo, which originally they thought would be ideal for retirement. But now, with an active lifestyle — and more time spent babysitting their grandkids — they’re wondering if it actually makes sense to […]