Millennial trio plans to profit off ‘authentic’ Malaysia properties they don’t own. Is it an ‘asset-light’ rental loophole or a risky hustle?

Maybe you have a business idea, but that business is too capital-intensive to get off the ground as a solo entrepreneur. An “asset-light” business model refers to entering into partnerships and outsourcing agreements to reduce a business’s need to own physical assets. Examples include Airbnb, which doesn’t own its properties, as well as Uber, which […]

Want to avoid headaches in retirement? Don’t overlook these time sensitive decisions — they sneak up fast and could cost thousands if ignored

Turning 65 brings a lot of new milestones, but it also brings time-sensitive decisions and deadlines you might not know about. Linda recently retired after a 40-year career and assumed she could sign up for supplemental health coverage whenever she wanted. She didn’t know about the one-time, six-month Medigap enrollment window tied to Medicare. Must […]

A $250K heart attack: Cheap health plans are sticking Americans with six-figure medical bills, and their popularity may grow as ACA premiums skyrocket

When insurance bills start arriving with six-figure totals, it’s already too late. That’s the harsh lesson learned by Americans who purchased what seemed like legitimate health insurance — only to discover after surgery that their "affordable" policies were nearly worthless. An Arkansas salesman faces $116,000 in bills for neck surgery. A Wyoming retiree owes $82,000 […]

Only 21% of Americans know their ‘full retirement benefits’ age — but a new bill in Congress could finally clear up the confusion. Do you know yours?

Almost 58 million Americans age 65 and older receive benefits from Social Security. (1) And with data from Vanguard putting the median 401(k) balance hovering around $95,000, Social Security is the main source of income for millions of older Americans. (2) That’s why understanding exactly when you qualify for your full benefit is crucial. Yet, […]