My 71-year-old father lost ‘every cent’ of his 6-figure retirement savings — all because he trusted the wrong person online, and fell for an online scam. Can he dig himself out of this hole?
Canadians lose millions of dollars every year to fraud, many of them are older. Imagine a 71-year-old retiree who falls for an online scam and loses every cent of his entire RRSP and other savings.The magnitude of this loss would put his entire financial future at risk. It can happen: According to the Canadian Anti-Fraud […]
I’m 51, recently divorced and now I’m $180,000 deep in debt. Would I be better off declaring bankruptcy — or should I be trying to dig myself out of this hole?
Picture it. You are 51 years old, newly divorced and staring down $180,000 in debt. Many Americans face a situation just like this. Recent data from the Federal Reserve shows that the average U.S. household debt is more than $100,000. This includes mortgages, auto loans, student debt, credit cards and other forms of personal debt. […]
I’m 58 years old, single and simply over the daily grind. I’ve got $970K stashed in my RRSP — can I retire today?
You’ve hit your late 50s, you’ve got a nice cushion in your Registered Retirement Savings Plan (RRSP) and suddenly you find yourself wondering if that cushion will provide you with enough comfort to retire today. The promising news is that yes, you may be able to retire today at 58 years old with $970,000 in […]
Lotto winners of more than $103,000 in Massachusetts often want the jumbo check, but not the photo (yet the law requires it) — here’s how 1 attorney keeps their riches a secret
Massachusetts residents might recognize Natalie Logan. She’s had her picture taken — a lot — by the state’s lottery commission while posing with a big smile and even bigger winner’s check. But it’s not because Logan embodies Lady Luck herself — she’s an attorney who helps lottery winners stay anonymous. Don’t miss I’m 49 years […]
‘Congress is making America bankrupt,’ warns Elon Musk — blasts Trump for ‘disgusting’ bill that will burden US citizens, increase deficit to $2.5 trillion. Here’s how to protect yourself now
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Tesla CEO Elon Musk has a stark warning for Americans. “Congress is making America bankrupt,” he wrote in a June 3 post on X. The comment came as Musk […]
This retired military couple found their forever home in an abandoned 37.5-acre Kentucky farmstead — and it only cost them $390K. Now they see it as the key to unlocking self-sufficiency
As home prices soar and dreams of ownership slip away for many Americans, one couple decided to stop chasing the market and a new life from the ground up. In spring 2024, Sophie Hilaire Goldie, 37, and her husband Rocky Goldie, 50, purchased a 37.5-acre fixer-upper homestead in rural Kentucky for $390,000 and began transforming […]
McDonald’s has shuttered 6 locations around Chicago’s iconic Loop neighborhood — despite signs of an economic rebound in the area. Why the fast food giant may be pulling back on its presence
Those looking for a quick bite of McDonald’s in the heart of downtown Chicago might have to look elsewhere. Six locations in close proximity within and around the city’s iconic downtown neighborhood — the Loop — have closed recently, according to CBS News Chicago. Now, there are only four left in the central business district. […]
Dr. Oz and RFK Jr. are promising to cure chronic insurance headaches — but experts say no scalpel is sharp enough to cut through ‘prior authorization’ red tape
If your doctor recommended a test or treatment only for your insurance provider to demand more paperwork first, you’re not alone. That obstacle, known as prior authorization, has become a notorious bottleneck in the U.S. health care system, delaying care and frustrating both patients and providers. About 16% of insured adults say they’ve run into […]
This NYC woman left the US for China — and now lives large on just $30,000/year. Here are 4 underrated, overseas spots for struggling Americans to think about
After 10 years of working 70-hour weeks in reality TV production in New York City, Alesse Lightyear says she could feel her youth draining away. “I felt like a 50-year-old woman, I was exhausted,” she confessed to CNBC Make It in a video published July 3. The financial compensation for this immense sacrifice was woefully […]
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 […]
