What is a high-deductible Medigap plan, and is it worth the cost?

This article is reprinted by permission from NerdWallet.  Medicare Supplement Insurance, or Medigap, covers “gaps” in Original Medicare coverage, including certain copays, coinsurance and deductibles....

As Demand for Mental-Health Care Booms, Investors See Opportunities

Psychiatrists and psychologists once ran their own practices. Now the local therapist office could be controlled by a buyout king. Venture capitalists and private-equity firms are pouring billions of ...

Warren Buffett Says Markets Have Become a ‘Gambling Parlor’

OMAHA, Neb.—As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying.  That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshir...

Here are 30 stocks that Goldman Sachs likes when the economy stutters and markets gyrate

Wall Street is finding some traction for Tuesday, as investors wade through big earnings and ample, gloomy distractions. Fighting has ramped up again in Ukraine as the battle begins for the country’s ...

4 big expenses you should factor in for retirement

Retirement planning is part savings, part guessing game. While many of your day-to-day expenses will remain the same, there are big-ticket categories that can take a large bite out of your savings. Th...

‘It put everyone in a weird position’: Our waitress said a 20% service fee was added to cover benefits and health insurance, but that it was not a tip. Is this normal?

I went to brunch last weekend and, when the server handed us the bill, she said a 20% service fee was added to cover her benefits and health insurance, but that it was not a tip.  I am absolutely supp...

Pfizer’s New CFO David Denton Negotiated One of the Biggest Healthcare Deals in History

Pfizer on Monday named a new chief financial officer with a resume that hints at the company’s plans to spend big with its Covid-19 vaccine windfall. David Denton is taking up the CFO role at Pfizer (...

Goldman Sachs, JPMorgan, Delta, TSMC, and Other Stocks for Investors to Watch This Week

Text size Uncredited First-quarter earnings season begins this week, kicked off as always by results from several big banks. JPMorgan Chase reports on Wednesday, followed by Wells Fargo , Goldman Sach...

Keep a Lid on Social Security Taxes and Medicare Costs. Consider Roth Conversions.

If you’ve become a 401(k) millionaire or amassed large sums in other tax-deferred retirement accounts, you can potentially shave your lifetime taxes by hundreds of thousands of dollars by converting p...

I’m 61, left my job due to medical reasons, and made $150,000 from the sale of my home. I’d like to work for at least another 5 years. Can I still retire? If so, how?

Dear Quentin, I recently sold my house and had to leave my job due to a medical issue that was easily resolved, and I am now fine. I have approximately $150,000 in my checking account from the sale of...

Here’s how much a 40-year mortgage would save you each month vs. a 30-year loan. And the ultimate cost.

The U.S. home-financing market has been dominated by the 30-year fixed-rate mortgage loan for decades. Now some key players in the U.S. housing market think it is time to give home buyers the option o...

Nice Surprise: The IRS May Want to Give You Money This Year

If you paid for daycare, health insurance, or your kid’s college tuition in 2021, you may be eligible for a fat credit on your 2021 taxes—even if you haven’t qualified in past years. A number of credi...

How to Plan for Part-Time Retirement

Phased retirement arrangements might be a good fit for older employees who want to scale back on work but aren’t yet ready to leave for good.  “It requires some planning,” said Elliot Dole, an adviser...

In a Less-Globalized World, Be Careful Where You Park Your Plane

There may be no better illustration of globalization’s retreat than investors getting burned for owing planes in the wrong place. This week, Moscow claimed that almost 800 commercial aircraft have alr...

Warren Buffett Puts Some of His $144 Billion to Work With Alleghany Deal

Warren Buffett Paul Morigi/Getty Images for Fortune/Time Inc Text size It was only three weeks ago that Berkshire Hathaway Chairman and CEO Warren Buffett wrote of the unpleasantness associated with h...

Warren Buffett’s Deal for Alleghany Is Great for Berkshire, So-So for Alleghany

Berkshire Hathaway ’s agreement to buy insurer Alleghany for $11.6 billion looks like an excellent deal for Berkshire, but only a so-so one for Alleghany. Berkshire Hathaway (ticker: BRK. A and BRK. B...

Warren Buffett’s Berkshire Hathaway strikes $11.6 billion deal for reinsurer Alleghany Corp.

Warren Buffett picked the industry he arguably knows best, insurance, for his first major deal in two years. Berkshire Hathaway BRK.B, -0.74% BRK.A, -1.05% struck an $11.6 billion, all-cash deal to bu...

Want to Buy a Retirement Retreat? Here Are Some Risks and Costs to Consider.

Dreamstime Text size For 35 years, financial planner Harold Evensky watched clients retreat regularly to vacation homes, enjoying serene beaches or mountains and the joy of family gatherings. And befo...

The most expensive state for car insurance — plus what it costs in every state

One survey from NerdWallet finds that switching car insurance could save good drivers about $417 a year. Adobe Stock (New Africa) There’s no doubt that car insurance is expensive — NerdWallet reveals ...

Chelsea Clinton Buys Large Block of Clover Health Stock

Text size Chelsea Clinton, a director at Clover Health, bought $252,530 of the embattled shares. Dimitrios Kambouris/Getty Images Clover Health Investments stock has tumbled this year. Director Chelse...

Inflation Is Everywhere, Including Places You Might Not Expect

Inflation is seeping through American business, hitting companies in unexpected ways beyond higher prices for materials, shipping or wages. It is adding to legal costs for the maker of Marlboro cigare...

6 Stocks for a 2022 of Higher Interest Rates and Slower Earnings Growth

Don’t let inflation fears dominate your investment thoughts. Save time to worry about earnings growth, too. Below, some statistical bellyaching and portfolio defeatism, plus one Wall Street bank’s top...

Why Medicare Surcharges Can Shock Retirees

I would like to see you write, and warn your readers, about Medicare surcharges. I was insufficiently aware of the impacts. Perhaps you can cushion the shock for others. “Shock,” often, is the right w...

Retiring early this year? Look through Affordable Care Act plans now before the deadline Saturday

Healthcare is one of the largest expenses in retirement, and one of the biggest risks for people who retire before age 65.  Retirement Tip of the Week: Before the open enrollment period ends on Jan. 1...

Biogen’s stock tumbles after the U.S. proposes restricting access to its Alzheimer’s disease drug

Biogen Inc.’s BIIB, -8.92% stock sank 9.3% in premarket trading on Wednesday, the day after regulators proposed limiting access to the class of Alzheimer’s disease drugs that includes the company’s th...

‘She has no life insurance, savings or money’: My brother died, leaving his wife with $20,000 in debt. How can I help her?

Dear Quentin, My sister’s husband died last week. They had both lived with us for the previous nine years before moving into an independent living facility. They were there for two and a half months b...

Biogen’s Alzheimer’s Drug Aduhelm Has Another Shot at Success

Illustration by Elias Stein Text size Biogen ’s Alzheimer’s disease therapy, Aduhelm, has been a disappointment for the company since its Food and Drug Administration approval last spring, with early ...

Nearly 8% of the S&P 500 has taken a bath this week — 39 stocks fell at least 10%

This stock market is very sensitive to any hint of an increase in interest rates, so it may be no surprise that many tech high-flyers have been falling to earth. But there are others whose shareholder...

Victims in Colorado Fire Face High Building Costs Exceeding Insurance Coverage

Rising construction costs will push the price tag for rebuilding after Colorado’s most destructive wildfire beyond the insurance coverage of some homeowners, according to construction, insurance-indus...

4 simple things to do with your money now, so you start 2022 off right

Getty Images Need a kick-start to your financial New Year’s resolutions? There’s no need to make it complicated, says Ashley Feinstein Gerstley, author of the upcoming personal finance guide book “Fin...

These are the best-performing S&P 500 and Nasdaq-100 stocks of 2021

The performance of the stock market in 2021 has been nothing short of remarkable, surprising many investors after the dramatic crash-and-recovery cycle of 2020. A continuing recovery for the world eco...