Kiplinger

  • How retirees live without the security of steady paycheck

    How retirees live without the security of steady paycheck

    Once you give up the security of a steady paycheck, you’re exposed to a host of uncertainties: interest rate moves, stock market corrections and tax changes, to name a few. To hedge against things that are out of my control, I’ve elected to wait till age 70 to collect Social Security benefits as...

  • Make some end-of-year money moves

    Make some end-of-year money moves

    You still have time before the end of the year to make some smart moves that will improve your retirement nest egg. Here's how: Max out your retirement plan You may be able to squeeze a little more money from each paycheck for your retirement savings. You can contribute up to $18,500 to a 401(k),...

  • Seasonal hiring outlook strong

    Seasonal hiring outlook strong

    Q: What does the market for seasonal jobs look like this year? What types of companies are hiring, and when is the best time to apply? A: The outlook is strong, with companies so far announcing plans to hire more than 704,000 seasonal workers, breaking the previous record of 696,000 in 2014. Andrew...

  • Red flags that can signal elder fraud

    Red flags that can signal elder fraud

    The 2009 trial of Anthony Marshall, son of New York philanthropist Brooke Astor, brought nationwide attention to the issue of elder fraud. Marshall was found guilty of stealing millions of dollars from his mother and, along with a lawyer, fraudulently changing her will. Astor’s grandson Philip...

  • Snowbirds, secure your home, save money

    Snowbirds, secure your home, save money

    If you’re planning to escape the cold by spending the season in a warmer clime, make sure you secure your home and save money. 1. Prevent water damage. To keep your homeowners coverage for water damage in force while you’re away, most insurers require you either to maintain adequate heat (55 to...

  • What 401(k) millionaires do right

    What 401(k) millionaires do right

    The number of 401(k) accounts with a balance of $1 million or more rose to a record 168,000 in the second quarter, an increase of 41 percent from a year earlier, according to Fidelity Investments, the nation’s largest plan administrator. Although that’s only a small percentage of 401(k) participants,...

  • Co-op stints can boost college students

    Co-op stints can boost college students

    Many college graduates find that a degree isn’t always enough to secure a lucrative job offer. Employers also want workers who have real-world experience. That’s where cooperative education programs, also known as co-ops, come in. These programs have long offered students a way to gain professional...

  • 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...

  • Does the 4 percent retirement rule make sense?

    Does the 4 percent retirement rule make sense?

    How do you tap a nest egg without depleting it too soon? To help new retirees navigate withdrawals, advisers often recommend the “4 percent rule” as a starting point. This strategy is designed to make a portfolio last 30 years, through bear markets and bouts of high inflation. The rule is simple....

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