Next month marks the 10-year anniversary of the current bull market’s beginnings. Yet many Americans remain reluctant to invest in the stock market, a scary hangover from the Great Recession. From October 2007 to March 2009, the S&P 500...
It’s the day you’ve been anxiously waiting for. It’s finally time to retire. While you may be dreaming of traveling, spending more time with family and friends or pursuing hobbies, there’s a key part of retirement some people have not taken into...
Traveling to the Hawaiian islands could soon be easier — and less expensive. Southwest Airlines has been running test flights to the islands as part of its approval process with the Federal Aviation Administration to expand routes there. The...
Facing more than $80,000 in student loan debt, Tiffany Tatafu did what thousands of other student loan borrowers do: She searched for answers on her phone. The single mother of two had heard that as a public employee, she...
If you’re 10 years or more away from retirement, there are many things you can do to prepare yourself financially and mentally so you make sound spending decisions once retirement arrives. And by “many things,” I mean five key actions you can...
Kids can bring happiness to their mothers and fathers, but parents need dough before they can delight in those expensive bundles of joy. Research on life satisfaction statistics largely show children don’t raise your level of happiness — and...
Charles Dickens famously began his novel “A Tale of Two Cities” with the line, “It was the best of times, it was the worst of times.” That same description can be used to describe the dual nature of today’s...
Every year, Steve Courtney holds a tax party of sorts. His accountant comes to his home in Livonia to prepare tax returns for a bunch of the family, including his brother, his mother, himself. “We’ve been doing it for...
Rich retirees can’t switch off their savings mode. Some problems are good to have. That’s the situation for two readers who wanted advice on how to spend the money they’ve saved for retirement.
If you are over age 65 or are retired due to a disability, you may be eligible for a separate tax credit designed to help the nation’s seniors and disabled. Even better than a deduction, the Senior Tax Credit...
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