Make some risk-reducing money moves

Before 2018 ends, investors can use these strategies to reduce their portfolio’s risk and their taxes. Rebalance your portfolio Suppose that three years ago you put $60,000 into Vanguard Total Stock Market Index fund and $40,000 into Vanguard Total Bond Market Index fund because you wanted a 60-40...

Columns

Blue Sky Originals

Kiplinger

MORE FROM KIPLINGER
  • What to know about credit freezes

    What to know about credit freezes

    Q: I remember reading a while back that everyone starting this fall will be able to freeze their credit report for free. Is this change in effect now, and what do I need to do to get my free freeze? A: The law providing free credit freezes took effect on Sept. 21. The three big credit bureaus —...

  • File that FAFSA as soon as possible

    File that FAFSA as soon as possible

    Q: My son is applying for college for next year, and I see that we can submit the FAFSA form starting in October. Is there a benefit to doing it early rather than later? How am I supposed to fill out the form when I haven't filed my taxes for 2018 yet? A: The timeline for applying for federal financial...

  • What does a fulfilling retirement look like?

    What does a fulfilling retirement look like?

    When I retired as editor of Kiplinger’s, I was asked to continue writing my “Money Smart Women” column and to launch this new column on retirement living. One year later, I’m happy doing both. But I sometimes wonder if I should be doing something completely different from my previous profession....

  • How to navigate Medicare Plan Finder

    How to navigate Medicare Plan Finder

    Q: You’ve mentioned that the Medicare Plan Finder tool at Medicare.gov is a great way to compare Medicare Part D plans, but the tool seems difficult to use. Do you have any tips for navigating this online resource? A: Yes, the Plan Finder tool at Medicare.gov can be a bit complicated, but the tips...

Jill On Money

MORE FROM JILL SCHLESINGER
  • Lessons from the financial crisis of 10 years ago

    Lessons from the financial crisis of 10 years ago

    This month marks a decade since Lehman Brothers went bust and taxpayers began the long process of bailing out big banks. It’s a good time to review some of the big lessons learned from the financial crisis. Here are 10 to consider: 1. Get personal. When markets are in turmoil and you are scared,...

  • Have a plan in place for end of life

    Have a plan in place for end of life

    Like many Americans, Aretha Franklin, the Queen of Soul, did not have a will. It seems incredible that a celebrity who knew that she was ill was not advised to get her affairs in order, but Franklin has plenty of company. According to a Caring.com survey, only 42 percent of U.S. adults have estate...

  • Your Social Security questions answered

    Your Social Security questions answered

    In honor of the 83rd anniversary of the Social Security Act, here are some questions that I have received from you about the nation’s main retirement program. Q: I turned 70 early this year but still work. I have two different 403(b) accounts with this employer and still contribute to one of them....

  • How can I tell if my financial adviser is looking out for me?

    How can I tell if my financial adviser is looking out for me?

    I am appreciative that so many of you have taken the time to ask financial questions and make comments about my columns. Please keep them coming! I'm clearing out the inbox and answering some of the most frequently asked questions. Q: I currently work with a financial guy at a major bank, but I'm...

Terry Savage

MORE FROM TERRY SAVAGE
  • Freezing your credit now is free

    Freezing your credit now is free

    More than a year has passed since the massive data breach at Equifax that put highly sensitive information about 148 million Americans at risk. It sent many people scrambling to freeze their credit reports or place fraud alerts and subscribe to credit monitoring services. Consumers no longer have...

  • Get real with kids about cost of college

    Get real with kids about cost of college

    Now that students are back in school, it’s time for parents (and grandparents) to take a breath and gain some perspective on the costs and benefits of a college education. Yes, college can pay off in the long run. But you may be doing yourselves and your children a disservice with magical thinking...

  • What to look for in short-term health insurance

    What to look for in short-term health insurance

    Short-term health insurance policies have become more attractive, thanks to a federal rule change that now allows policies to be sold for almost a full year and possibly be extended for 36 months. These short-term insurance policies are a great solution for anyone between jobs or who doesn’t have...

  • Yes, you can find a little money to invest

    Yes, you can find a little money to invest

    Twenty years ago, the Roth IRA was born as a product of the Taxpayer Relief Act of 1997. Unlike with traditional IRAs, you don’t get a tax deduction for your contribution to a Roth IRA. But all the money in the account, including gains, can be withdrawn tax-free at retirement. If only you had jumped...

Kids & Money

  • Freeze your child's credit file while you're at it

    Freeze your child's credit file while you're at it

    A federal law that recently took effect allows you to freeze your credit file for free to prevent fraudsters from stealing your identity, going on spending sprees and damaging your good name. But here’s something you may not have thought of: You should freeze your children’s credit, too. Regardless...

      • Student aid filing system gets upgrade

        Student aid filing system gets upgrade

        FAFSA is going mobile. When high school seniors start filling out the Free Application for Federal Student Aid, they’ll now have two ways to access and complete the form by using a new app or going through the redesigned fafsa.gov website. The Department of Education has these changes in place...

          • Confused about college financial terms? You're not alone

            Confused about college financial terms? You're not alone

            Many families mistakenly believe a college's sticker price for tuition and room and board is the actual amount they must pay. There’s also confusion about work-study programs, interest rates on student loans and the meaning of a “tuition-free” education. That’s what researchers at market research...

              • Why your child may have trouble getting a credit card

                Why your child may have trouble getting a credit card

                Many parents have shared their trials and tribulations with me over kids and credit cards, but I found this latest request for help to be both insightful and baffling. In an email response to a column I wrote recently about college students and plastic, a mother said she’d been trying unsuccessfully...

                  37°