Retirees struggling to stay afloat: How to keep health and economic issues from draining your savings

Dorri Olds, a 61-year-old freelance writer and graphic designer, says she has spent nearly all her savings to refurbish her New York City apartment. In an emergency, she says she would sell it and con...

Opinion: Opinion: The debt ceiling is a farce, not a crisis

AUSTIN, Texas (Project Syndicate)—In his bid to become speaker of the U.S. House of Representatives, Kevin McCarthy apparently agreed to a demand, voiced by Republican Congressman Ralph Norman of Sout...

Are high car prices the new normal? If you’re waiting to buy a car, stand firm, experts say—it may pay off.

The roller coaster economic ride that began with the emergence of COVID-19 in early 2020 has reshaped how car buying works. Will it ever get back to what we might call “normal?” Brian Finkelmeyer, sen...

Car repos are on the rise, thanks to record-high monthly payments, recession warnings

Car repossessions have grown less common in the past two years, but those days may be over. Credit rating agency Fitch Ratings says repossession rates have nearly returned to pre-pandemic levels. Some...

Earn extra money with a side gig—here are 6 good ones for retirees

If inflation and the gyrating stock market has you fretting over your financial security in retirement, you’re not alone. Fully 71% of boomers recently surveyed by Bankrate said they are behind on ret...

New electric car buying incentives kick in Jan. 1, and a lot has changed. Here’s an explainer.

Congress changed the rules governing electric car tax credits over the summer, but the changes didn’t immediately take effect. Some will kick in soon, while others will taper in over time. The evolvin...

Tesla’s approval rating sinks into negative territory, survey finds

Tesla’s approval rating has fallen fast, according to one survey. Yes, automakers have approval ratings like politicians. At least, U.K.-based research firm YouGov treats them as if they do. YouGov co...

Opinion: Opinion: High debts and stagflation will bring mother of all financial crises

NEW YORK (Project Syndicate)— The world economy is lurching toward an unprecedented confluence of economic, financial, and debt crises, following the explosion of deficits, borrowing, and leverage in ...

The brands and models car shoppers want most—despite inventory levels

Toyota dealers are low on cars. All the same, more American car shoppers consider a Toyota TM, +1.95% than any other brand. Fully 35% of American car shoppers looked closely at buying a Toyota product...

Are older workers getting ‘quiet-fired?’

Here’s a strange paradox regarding older workers: On the one hand, they’re 14% less likely to receive the highest annual performance ratings, according to Mercer’s Workforce Sciences Institute. But, t...

EV sales are getting hotter, these are the cars catching up to Tesla

Americans bought more than 200,000 electric cars in the third quarter — a first. Electric car sales grew faster than any other segment of the auto industry. Americans bought 67% more electric cars in ...

You get some student loan debt erased, but what about the rest of it?

“January is going to be here before you know it,” says Damian Dunn, a certified financial planner and vice president of corporate financial wellness platform Your Money Line. Payments resume in Januar...

I joined the ‘Great Resignation’ a few months ago—here’s how it’s working out

I feel lighter after joining the Great Resignation a few months ago. I’m also overwhelmed. Businesses are urgently hiring, according to LinkedIn, Idealist, Monster and Indeed. And I’m getting phone ca...

How credit cards ruined the airport lounge

This article is reprinted by permission from NerdWallet.  Years ago, there were business travelers and there were leisure travelers, and nary did the perks of the high-flying former trickle down to th...

Opinion: Stock markets will drop another 40% as a severe stagflationary debt crisis hits an overleveraged global economy

NEW YORK (Project Syndicate)—For a year now, I have argued that the increase in inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and that c...

A housing ‘crash?’ What lower prices mean for homeowners and hopeful buyers.

Some would-be home buyers are rooting for a full-on housing market crash because prices have zoomed so far past the point of affordability. Please “crash faster so I might be able to own my own place ...

What will happen with inflation, interest rates and housing? Here’s what to expect in the next two years, and what could go wrong.

This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor...

If chip production is recovering, why are automakers still making fewer cars?

Automakers trimmed 76,000 vehicles from global production plans in mid-September, according to analysts from AutoForecast Solutions. They’ll produce about 3.23 million fewer this year than planned, th...

CD rates are higher, but should you put your cash in them? Consider your goals.

This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor...

How working past 65 can affect your Medicare, Social Security, HSA and taxes

This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor...

When can I apply for student loan cancellation? How much will I get? Here are answers to some of the big questions.

President Biden’s highly anticipated federal student loan cancellation announcement last month created as many questions as it answered, prompting at least one major loan servicer’s website to crash a...

You made payments on your student loans during the pause. Can you get a refund?

This article is reprinted by permission from NerdWallet.  Hundreds of thousands of borrowers made payments on their federal student loans since forbearance began in March 2020, taking advantage of the...

Six things that could change your mind about retiring early

Robert Johnson, a professor of finance at Creighton University’s Heider College of Business, retired from a career in financial education in 2018 but recognized that he wasn’t comfortable spending his...

9 ways the Inflation Reduction Act affects Medicare coverage, and what it means for you

Major changes to prescription drug affordability for more than 50 million beneficiaries enrolled in Medicare Part D are likely on the way because of a new law. The Inflation Reduction Act “finally del...

How to feel rich and get more out of life

This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor...

Opinion: Why the Inflation Reduction Act is a very big deal for Americans

NEW YORK—Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just inflation but also several key longstanding problems facing our economy and society. There is ...

When can you retire? This beginner’s guide can help you find the answer.

“I want to know if I can retire,” Marie said, dropping her investment file on my desk and sitting down across from me. She was typical of many preretirees everywhere, trying to figure out when they co...

Should you roll over your 401(k) to an IRA? Here are 3 tips for this key retirement decision.

In his classic tune “Roll Over Beethoven,” Chuck Berry famously belted: “Roll it over then move on up.” Well, if you’ve saved for years in a 401(k) plan, you’ll want to know how — or whether — to roll...

What I learned when I took a corporate job after 20 years of working for myself

When I was 30, I quit my job as a lawyer to become a freelance writer, following a dream I’d had since I was a kid. At the time, I had sold two articles to magazines (Cosmopolitan and Bride’s) and bui...

Will you outlive your 401(k)? New rules calculating lifetime income have some flaws.

You probably have money saved up for retirement in a 401(k) plan, but do you have any idea how long that money will last? Or how much it would provide each month in retirement? Probably not — until no...

Retirees, here’s how returning to work may affect Social Security, Medicare, pensions and taxes

Amid rising inflation and a volatile stock market, many retirees are heading back to work. In April, Hiring Lab, the economic research arm of the job board Indeed.com, reported that as of March 2022, ...

‘Good deals for the bold:’ How the rest of 2022 might play out for hopeful homebuyers

This is reprinted by permission from .  The first half of 2022 was a catastrophe for home buyers. Skyrocketing mortgage rates and home prices made homeownership unaffordable for millions of renters. A...