My elderly parents owe $70K and have almost no assets — and their current plan is just to hold the debt till they die. What does this mean for me?
June’s parents are struggling financially, and she’s not sure how to help. Both are in their 80s, living on Social Security benefits. They don’t have retirement savings, and their assets are slim. Their car is more than 20 years old and they live in a dated mobile home on rented land. Must Read Thanks to […]
Here’s how many Americans actually have $1 million (or more) by the time they retire — and the 3 big moves they made to do it. Are you on track?
This article adheres to strict editorial standards. Some or all links may be monetized. These days, many people think they need over a million dollars to be able to retire comfortably. More specifically, most Americans think the magic number is $1.26 million, according to a 2025 Northwestern Mutual survey (1). Must Read Thanks to Jeff […]
Record-high food prices have Americans rethinking how they buy groceries entirely — but is sticking to a list really the best way to save?
Few places reflect the state of America’s economy more clearly than the grocery store — and right now, it’s a painful reality check. Food prices have soared to record post-pandemic highs, squeezing shoppers nationwide. Ground beef is up 12.8%. (1) Ground coffee? A jaw-dropping 20.9%. In New York, software engineer Kevin Lin was shocked to […]
Working Americans are opting to outsource this 1 major household task — but is it worth it? Here’s how to figure out if the cost comes out in the wash
Young professionals are shelling out money for cleaning services. Warren Weiss opened his business, Scrub! Cleaning, in 2008, and back then, most of his clients were older, well-off professionals. Now, he says, "Everybody has a house cleaner, especially in the city.” (1) Giana Dennin, owner of Dog Mom Cleaning Co, told the Philadelphia Inquirer that […]
Here’s how some US retirees with $1 million in savings actually end up with $2 million or more — and why that’s a bad thing. Are you getting trapped?
Outliving your money is the biggest nightmare for most retirees. In fact, 64% of U.S. adults surveyed by Allianz Life said they were more afraid of running out of money in retirement than dying [1]. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, […]
I’m 69 with $375K in savings but I’ve got a $250K reverse mortgage causing me serious stress. Should I just use most of my savings to pay it off ASAP and aim to survive on CPP?
This article adheres to strict editorial standards. Some or all links may be monetized. 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. Imagine this scenario: Samantha is retired at 69, but a few years back she took […]
Robert Kiyiosaki admits he’s $1.2B in debt but isn’t worried at all — says he uses debt to buy this 1 asset and ‘pay no tax legally’
This article adheres to strict editorial standards. Some or all links may be monetized. For most people, the idea of carrying nine-figure debt would probably be terrifying. But for “Rich Dad, Poor Dad” author Robert Kiyosaki, it’s no cause for concern. In a recent appearance on “The Iced Coffee Hour” podcast, the hosts asked Kiyosaki […]
I’m 52 and want to retire in Costa Rica — but will it mess with my Social Security or complicate taxes? What do consider before retiring abroad
If you’re thinking about retiring abroad, you’re in good company. According to the Foreign Affairs Manual, more than 760,000 Americans received Social Security benefits while living outside the United States in 2024. (1) Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t […]
Toronto tenant says she was nearly evicted after paying rent — why advocates say it’s becoming common
Toronto resident Sara Basso had been living in the same low-rise for over a decade and ostensibly had a good arrangement with her landlord. That is, until she received what she believed was a “meritless” eviction application in January, she told CBC News (1). Basso received a copy of the application that was filed with […]
Buffett, Gates’ ‘Giving Pledge’ fundraiser losing billionaire support despite skyrocketing wealth. Is philanthropy dead or just changing?
In 2010, Bill Gates, Melinda French Gates and Warren Buffett issued a bold call to action: They promised to donate the majority of their vast fortunes to philanthropy. They invited their fellow billionaires to do the same. The Giving Pledge initiative attracted some of Canada’s wealthiest — including names like John and Marcy McCall MacBain. […]