Women, let's talk about investing

I recently interviewed Carrie Schwab-Pomerantz, board chairwoman and president of the Charles Schwab Foundation, whose mission is to help people become financially fit through education. Q: What has your experience taught you about how women approach financial issues? A: Women are more likely than...

Columns

Blue Sky Originals

Kiplinger

MORE FROM KIPLINGER
  • Pet insurance can pay off in some cases

    Pet insurance can pay off in some cases

    It happened in a flash. One minute, Dan Perlowitz of West Orange, N.J., had his dog Gracie’s leash in hand, and the next she had broken away and run onto a nearby highway. She was hit by one car and rolled over by another, but, thankfully, she suffered only a broken rib and a concussion and healed...

  • How to calculate taxes on Social Security benefits

    How to calculate taxes on Social Security benefits

    Q: How do I calculate what portion of my Social Security benefits is taxable? A: If your only income is from Social Security, your benefits likely aren't taxable. But if you have other taxable income -- such as from a job, freelancing, a pension or withdrawals from tax-deferred retirement savings...

  • Peer-to-peer payments carry risks

    Peer-to-peer payments carry risks

    Nearly two-thirds of millennials last year sent or received money using a peer-to-peer app, such as Cash, PayPal, Venmo and Zelle. The apps are fast, and often all it takes to transfer money to another’s bank account is an email address or phone number. But as the use of these apps grows, so do...

  • Maximizing Social Security survivor benefit

    Maximizing Social Security survivor benefit

    Savvy couples spend a lot of time coordinating when to start taking Social Security to maximize their total benefits. But it’s just as crucial to plan for when that income is slashed after a spouse dies. One silver lining in Social Security is that no matter which spouse dies first, the survivor...

Jill On Money

MORE FROM JILL SCHLESINGER
  • Retirement stresses us out, especially those who have saved

    Retirement stresses us out, especially those who have saved

    The 2018 Retirement Confidence Survey (“RCS,” a joint venture between the nonpartisan Employee Benefit Research Institute and research firm Greenwald & Associates) is out, and about two-thirds of Americans feel confident or at least somewhat confident in their ability to retire comfortably. Yet...

  • Bull market has made many of us complacent

    Bull market has made many of us complacent

    I have a confession: I’m rooting for a recession and a bear market. Of course, I don’t want people to suffer, but the longer both the expansion and bull market continue, the more we tend to forget that they can actually end, leading some to make poor financial decisions. U.S. stocks are now in...

  • Tax season is over, but there's more to do

    Tax season is over, but there's more to do

    Your 2017 taxes are done. Congratulations! But you’re not done yet. While you have all your tax forms and documents handy, this is the perfect time to analyze last year’s finances and use those insights to prepare for the big changes that will occur in 2018 and beyond. The sooner you get started,...

  • Fiduciary rule debate enters new phase

    Fiduciary rule debate enters new phase

    It’s time to drop my annual F-bomb: fiduciary. The big news this spring is that the Certified Financial Planner Board of Standards has announced a change to its Code of Ethics and Standards of Conduct. Starting Oct. 1, 2019, CFP professionals must act in the best interest of the client at all times...

Terry Savage

MORE FROM TERRY SAVAGE
  • Retirement account fees take big bite over time

    Retirement account fees take big bite over time

    Your financial adviser may make as much money from your retirement account as you do. That’s what happens when advisers put you into mutual funds that perform well but charge excessive fees along the way. Those fees can add up — especially when you consider what you could have earned along the...

  • Getting ahead of rising medical costs

    Getting ahead of rising medical costs

    If you’re one of the 44 million Americans who are covered by Medicare, be on the lookout for your new Medicare card coming soon in the mail. It will no longer carry your Social Security number. Instead, it will carry a new 11 digit identifying number consisting of both numerals and letters. But...

  • Consider all aspects of financial aid offers

    Consider all aspects of financial aid offers

    In the coming weeks, millions of college freshmen will know the joy of acceptance and the agony of money anxiety as they figure out whether they and their parents can afford the college of their choice. Financial aid packages soon will arrive along with acceptance letters. My first piece of advice:...

  • How to avoid unscrupulous financial advisers

    How to avoid unscrupulous financial advisers

    In a ruling handed down March 15, a federal appeals court all but killed the fiduciary rule — a Labor Department regulation aimed at protecting retirement savings — before it was even fully implemented. A lot of people are after your money, especially if you are one of the millions of Americans...

Kids & Money

  • New grads, get off on the right foot financially

    New grads, get off on the right foot financially

    Ah, to be graduating college, starting a new job and being financially footloose and fancy free. Let the pent-up spending begin. Tired of driving that rust bucket and ready for your dream car? Time to expand the wardrobe beyond T-shirts and khaki shorts for a new suit and some button-downs? What...

      • Working your way through college still pays off

        Working your way through college still pays off

        Is working your way through college still relevant? Or is it an anachronism? I raise these questions because of a recent Wall Street Journal commentary that struck a nerve. The piece, from Richard R. West, a former dean of New York University’s Stern School of Business, was headlined “You Can’t...

          • How to talk to your kids about money

            How to talk to your kids about money

            If you’re the parent of a child in grade school, you’ve probably introduced him or her to the tooth fairy. But what about allowances and understanding wants and needs while at the toy store? If you have a teenager, have you had conversations about debit cards, compound interest and Facebook’s stock...

              • Don't be fooled by scammers amid rush for college cash

                Don't be fooled by scammers amid rush for college cash

                It happens every spring. As parents and students scramble to line up more money to cover college costs, scam artists pop up like unsightly weeds in a finely manicured yard. Unfortunately, this has been a recurring Kids & Money column topic because people continue to be taken in by fraud. Every...

                  70°