I’m 50 and was just laid off 3 months shy of retirement eligibility. If I agree not to sue for more, they’ll give me 6 months’ pay — should I take it?
You’ve put in the years. You’re finally on the doorstep of retirement benefits. Then your boss calls you in and says you’re out — three months before the finish line. To soften the blow, the company offers you six months of severance pay. The catch? You’ll need to sign away your right to sue. That’s […]
‘He who has the gold makes the rules’: Trump roars back at tariff critics — while declaring himself ‘the greatest friend’ of American capitalism.
This article adheres to strict editorial standards. Some or all links may be monetized. Donald Trump’s sweeping tariffs have sparked a chorus of criticism from across the political and economic spectrum — with lawmakers, CEOs and economists warning of rising costs and escalating trade tensions. But the president isn’t backing down. Even after announcing a […]
Trump’s Chinese cooking oil threat erased $450B from the S&P 500 in minutes, market watcher says — how to manage when politics greases your portfolio
Markets took a late-day gut punch on Oct. 14 after President Donald Trump took to Truth Social and threatened to terminate business with China “having to do with cooking oil” among other “elements of trade” in response to China slashing imports of U.S. soybeans in recent months. (1) The social media post sent ripples across […]
This Montana woman is distraught after discovering husband of 21 years didn’t pay his taxes — now the IRS is after them. What Dave Ramsey says to do
It’s one thing for a spouse to keep a minor secret from their partner — it’s another thing to hide an $82,000 tax bill. That’s the situation Alice in Montana found herself in when she wrote to The Ramsey Show. Her husband of 21 years failed to pay an $82,000 tax bill from 2021. Now, […]
Canadians’ spending is increasing year-over-year — putting retirees at risk of this 1 ‘spending shock.’ Here’s how much emergency savings you need to be retirement ready
Many would-be retirees assume that once they reach those precious golden years, their spending will naturally decline — but that’s not necessarily a given. Those who have retired are seeing huge fluctuations in their annual spending — and it’s upending a lot of people’s budgets. Whether you’ve got a sizable nest egg or not, it’s […]
I’m one of the record number of Americans turning 65 this year. I love my job and want to keep working — but what should I do about Social Security?
As of last year, the U.S. is in the time frame dubbed “peak 65,” during which, thanks to the postwar baby boom, the greatest number of Americans in the history of the nation will be hitting the traditional retirement age over a four-year period (1). With this greying population comes a number of concerns — […]
This Ontario family found a way to save $14K on groceries this year thanks to some penny pinching hacks — but can the extreme saving work for everyone?
When Dee Debarros’ husband was out of a job during the COVID-19 pandemic, they needed to find a new route to help pay the bills during a difficult time. Naturally, groceries were the one essential with the highest savings potential, so the couple quickly pivoted and looked to cut costs where they could, dedicating a […]
My mom, 80, needs nursing-home care, but Medicare won’t pay for it — now the home wants to take her Social Security to cover the bills. Is that legal?
This article adheres to strict editorial standards. Some or all links may be monetized. Once you turn 65, there is a 70% chance that you are going to need some kind of long-term care during the remainder of your lifetime, according to LongTermCare.gov [1]. Unfortunately, paying for this care can be very difficult: Genworth’s Cost […]
Keeping over this amount of cash in your bank account is a serious mistake — how much do you have stashed in there?
Cash is king, right? Well, not always. Sometimes you can have so much cash sitting around in your bank account that it turns into a wealth-devouring demon. Don’t Miss Want to retire with an extra $1.3M? See how Dave Ramsey’s viral 7-step plan helps millions kill debt and build wealth — and how you can […]
I’m 63, getting divorced and feel completely off course. How do I save my retirement with just half my assets?
Divorce is often a stressful and difficult situation for couples, but what happens when you’re divorcing in your 60s and close to retirement age? To make this scenario more tangible, imagine Mark and Jen, a Mississauga couple who recently split after 35 years. Mark, 63, is worried about what the divorce means for his finances […]