Donald Trump’s plan to end taxes on Social Security will benefit this 1 group of Americans the most, report finds — are you part of it?
This article adheres to strict editorial standards. Some or all links may be monetized. Social Security is a key income source for millions of retired Americans. Social Security benefits are taxed at the federal level, and the thresholds at which taxes on benefits apply are very low. Benefits are taxed for seniors whose combined income […]
My 75-year-old dad worked hard his whole life but only has $31K saved. How can I help him make the most of his $65k salary and prepare for retirement?
When it comes to retirement savings, recommendations, expectations, and realities can be way out of sync. Let’s imagine the case of Bianca, who is in her 40s, and her dad Enzo, who is 75 and still working full-time at the same family restaurant where he started as a dishwasher more than 30 years ago. He […]
Want to retire early? Here’s the 1 withdrawal strategy that actually works in the US — nail down your ‘forever income stream’ now
If you choose early retirement, you have a long money-management journey ahead of you. By choosing the right withdrawal strategy, you can absorb shocks and bumps in the road. The well-worn 4% rule from retired financial adviser William Bengen has been guiding retirees through their golden years since the 1990s. Bengen analyzed stock and bond […]
Pennsylvania man, 68, fraudulently collected $34K from Social Security by leaving out 1 key detail in his reports — now he faces 10 years in prison
A Pennsylvania man could spend up to a decade behind bars after admitting to defrauding the Social Security Administration (SSA) of more than $34,000. His case underscores not only the serious consequences of omitting information but also the wider problem of Social Security fraud in the U.S. Must Read Thanks to Jeff Bezos, you can […]
Economist fumes at major US bank’s ‘apocalyptic predictions’ about Trump tariffs — tells analysts to ‘come down’ from ivory tower. Do you agree?
This article adheres to strict editorial standards. Some or all links may be monetized. President Donald Trump’s sweeping tariffs have triggered a wave of criticism — with one of the biggest concerns centering on how they could hit U.S. consumers in the wallet. Must Read Thanks to Jeff Bezos, you can now become a landlord […]
Ontario woman has her car warranty voided after getting an oil change with an independent mechanic. Here’s what happened
Last year, the Ferreiras purchased a used Mazda SUV from an independent dealership with 50,000 kilometers on it. They were under the impression the vehicle was reliable and that the warranty was a “great” perk, they toldCTV News (1). However, two months ago, the vehicle’s engine was seized and there was an issue with the […]
Would you take care of your spouse’s elderly parents? The divorce lawyer of Kim Kardashian, Britney Spears reveals the truth about prenups in America
A proposal may feel like a fairytale moment, but saying “yes” is the easy part. The excitement of engagement quickly gives way to the realities of planning, booking venues, comparing caterers and mapping out budgets late into the night. And while those decisions shape your wedding day, the bigger financial conversations you have now can […]
Peter Schiff warns US investors will get ‘killed’ holding this major asset class — and calls it the big ‘victim’ of inflation. Do you own any?
This article adheres to strict editorial standards. Some or all links may be monetized. For decades, the classic 60/40 portfolio — 60% stocks and 40% bonds — served as the cornerstone of balanced investing. The idea was simple: when stocks stumbled, bonds would steady the ship. Must Read Thanks to Jeff Bezos, you can now […]
Support and savings options for Canadians caring for dependents with disabilities
For many Canadians, simply getting around and accessing everyday services can be tough. When someone in your family has a disability, those challenges often come with extra time, costs and stress, not to mention the toll on your mental health as you try to juggle it all. That strain often shows up in bank balances, […]
I just retired with a cushy $2M nest egg but my wife, 62, has been diagnosed with a serious illness and may need long-term care. What do we do now?
While more boomers are working beyond their 65th birthday and many will live to 85 or beyond, not all will spend their final years in good health. Picture Dave, 66, and his wife Susan, 62 — diligent savers who have six months of emergency savings in a high-yield account along with an impressive $2-million nest […]