Do you rely on your monthly Social Security check to get by? Here are 3 simple money moves for US seniors during Trump’s presidency
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. Many Americans are heavily reliant — even solely reliant — on their Social Security benefit to get by in retirement. More than half of non-retired Americans (53%) expect to […]
My wife and I just closed on our dream home — only to realize after all the bills are paid, we’re left with $200/month while she’s on mat leave. We have $80K in savings, but is it enough?
Picture this: A young couple has just closed on their dream home. They’re debt-free and have $80,000 in savings. The wife is on maternity leave, and after crunching the numbers, they realize they’ll have just $200 left over each month after paying their bills. It’s a classic case of being house poor — a financial […]
Texas woman suing after $83M lottery winnings put ‘on hold’ because she used a ticket app — 2 years after a global gambling group (legally) bought nearly every Lotto Texas ticket to win $95M
A group of international gamblers legally purchased nearly every number combination in a Texas state lottery drawing — a scheme designed to guarantee a win. It worked — and it may be why another woman is now suing the Texas Lottery Commission after being denied her own $83.5 million prize. “I’m being treated as the […]
‘I’m within my rights’: This NYC business owner erected a 50-foot steel fence on his property, cutting off the sidewalk and 10 parking spots. Now it’s causing a neighborhood nightmare
In a move that’s angering local businesses and neighbors, a longtime business owner in Astoria Heights has put up a massive steel fence that cuts off a public sidewalk and roughly 10 parking spaces. Anthony Della Vecchia, who runs Michael Della Vecchia & Son General Contractor on Hazen Street, paid about $25,000 to install the […]
I’m a 55-year-old divorced dad with $810,000 in my 401(k) and I’m maxing out my contributions every year. Can I realistically retire in the next 10 years?
If you’re a divorced dad in your mid-50s with kids and a healthy 401(k), retirement at 65 isn’t off the table, but it’s not just about your nest egg anymore. It’s about who you still need to support, how long that support might last and what lifestyle you’re aiming for. Many Gen Xers are now […]
‘Ending the cycle’: Los Angeles DA touts success of new California law cracking down on ‘smash-and-grab’ offenders — why he says it goes way beyond just filling ‘prisons with these thieves’
Like many major cities, Los Angeles is not immune to crime — but incidents of store theft have increased in recent years. Crosstown LA, citing LAPD data, says that in 2023, there were 11,945 reported cases of shoplifting in the city, compared to 6,585 the year before. There’s been a notable uptick in “smash-and-grab” robberies, […]
I’m 52, my portfolio just hit $2,000,000, and I want to spend $150,000/year comfortably — can I make the math work and retire 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. The good news is that a $2 million nest egg is not too shabby and can sustain you for the rest of your life as long as you don’t […]
JPMorgan studied 5 million retirees across America — and found 3 surprising spending shockers. Is your 7-figure nest-egg actually hurting you?
Most retirees worry about running out of money because of spiralling inflation and unexpected medical costs as they get older. However, after studying the spending patterns of five million retirees, JPMorgan has uncovered surprising information that some of these concerns might be overblown. Perhaps the biggest shocker in their report is that some retirees might […]
Many Canadian gig workers not aware of tax rules
Although nearly a quarter of Canadians have been a part of the gig economy, 66% of gig workers were not aware of new rules requiring platforms to report users’ income to the Canadian Revenue Agency (CRA). This is according to the latest survey from H&R Block. "In light of the new federal legislation, the [CRA] […]
‘It became just unsustainable’: This Massachusetts farmer won his battle to not pay $300,000 in back taxes after 8 long years — and it turns out the government actually owed him $31,000
In 2022, Bill Griggs — the owner of Griggs Farm in Billerica, MA — was told that his farm owed the town $300,000 in back taxes. At the time, the farm had been in business for roughly 80 years. But Griggs fought back, demanding a breakdown of the specific taxes that the town was charging […]