I’m 61 with a stellar resumé but I’ve failed to get a job — or even an interview — since my layoff 10 months ago. Do I need to conceal my age?
Imagine this scenario: Gary has been job hunting for the past 10 months after being laid off by his previous employer. He has a ton of experience and excellent references, but here’s the catch: he’s 61. While he’s sent out countless resumes, he worries that he’s already aged out of the workforce. At the same […]
Americans have abandoned as many as 31.9 million 401(k) accounts — with average balances of $66,691. What to do if you’ve lost track of your savings
If you’ve switched jobs, what did you do with your 401(k)? If you don’t remember, or if it’s still with your previous employer, you may be leaving hard-earned cash on the table. More than half (54.3%) of working-age American families had a retirement account with a median value of $86,900, according to 2022 data from […]
Woman is disowning her ‘narcissist’ son — and wants to give $200K to his soon-to-be ex-wife. The Ramsey Show says he may claw the money back
When planning for the management of an estate, it’s fairly common for the process to bring up some difficult emotions, ones that can lead to tough decisions about legacy and family dynamics. Take Anna from Las Vegas, for example. Anna wants to disown her son, who’s been diagnosed as a narcissist. She has her assets […]
New Yorkers are getting their inflation relief — but the IRS still wants a cut. Would Trump’s proposed tariff checks be taxed too?
New Yorkers may be getting inflation relief checks, but those checks are being taxed by the IRS. That has people wondering: If the Trump tariff checks actually materialize, who would receive them and would they be taxed too? Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 […]
Wisconsin man’s estranged sister suddenly wants back into the family after mom’s death — but Dave Ramsey questions her motives for mending fences
About a year ago, Cody’s mother passed away from cancer. Cody has two sisters, and his older sister was left out of the will because she “stepped away from the family” for close to 10 years. Now she wants back into the family — but not necessarily for the right reasons. Must Read Thanks to […]
New York couple in their 70s have moved 4 times in retirement — and are expecting a fifth. Here are 5 things retirees get wrong about relocating
A retired couple who moved from New York’s Hudson Valley to Colorado decided to move once again because of climbing rental costs, and bought a home in coastal Florida. But as an interracial couple, Kate Ferriter says that she and her husband, Terry Moore, felt unwelcome in their new neighborhood. “The prejudice, the insults, the […]
Forget the 4% rule — it’s now the 4.7% rule, creator Bill Bengen says. But here’s what you need to consider before you start splashing out completely
It seems the 4% rule is now the 4.7% rule. Three decades after financial planner William Bengen came up with a simple yet elegant solution to help clients balance their retirement spending, the creator of the 4% rule has updated this widely suggested practice for modern times. Must Read Thanks to Jeff Bezos, you can […]
“He turned $200K into zero” — couple in debt after husband refinanced the house and lost the cash through day trading. Dave Ramsey warns the worst is yet to come
Ava and her husband, who live in Charleston, South Carolina, are US$200,000 (C$275,000) in debt after he refinanced the house — and then used most of the cash-out for day trading. “It’s all gone now,” Ava said when she called into The Ramsey Show, seeking advice on how to get out of debt while getting […]
This lawyer earning $200K retired at 41 to move his family to America’s No. 1 expat hot spot. Here’s how he’s managed to grow his net worth since
Money is typically top of mind when Americans plan for retirement. Many make their plans with a financial figure in mind, one that can allow them to live out their days comfortably without running out of cash. But figuring out what that number needs to be can be scary. Must Read Thanks to Jeff Bezos, […]
‘You’re broke, act like it’: San Francisco newlyweds owe the IRS $120K. Here’s why Dave Ramsey says it’s time to think of their $350K income as $50K
Nikki and her second husband, who live in the San Francisco Bay Area, are $300,000 in debt — and $120,000 of that is owed to the IRS. While they’ve set up a payment plan, the IRS has already sent notices for liens and levies. After divorcing her first husband, Nikki suddenly had three kids to […]