Seniors

The serious financial considerations of marrying later in life
by By Dan Browning
21 Feb 2018 at 9:13am
This article is reprinted by permission from NextAvenue.org.<p>I swore I would never remarry after my wife died from complications related to ?

What Should You Do When You've Saved Enough to Retire?
by Chuck Saletta
21 Feb 2018 at 9:11am
You've reached financial independence. Now what?<p>If you've been a diligent saver and prudent investor throughout your career, you may wake up one day ?

3 tax breaks that are about to disappear
by Wendy Connick, The Motley Fool
21 Feb 2018 at 9:10am
The Tax Cuts and Jobs Act added a pile of new tax breaks for us to enjoy, but it also repealed some nice deductions.<p>If you qualify to take the following tax breaks in 2017, get them while you can, because your 2017 tax return is your last shot at them.<p>1. Moving expenses<p>You can deduct your moving ?

Boost the Returns on Your Cash in Retirement
by Eleanor Laise
20 Feb 2018 at 8:57pm
Safe places to stash your cash, from money market funds to stable value funds, are yielding more than they have in years. It pays for retirees to ?

3 Ways to Make Sure You Don't Run Out of Money in Retirement
by Adam Levy
19 Feb 2018 at 4:59pm
It's your biggest fear. Here's how to conquer it.<p>One of the biggest fears among workers aged 55 and older is running out of money in retirement. ?

How safe is Social Security?
by Selena Maranjian, The Motley Fool
19 Feb 2018 at 3:37pm
There's good news and bad news: Social Security is probably stronger than most people think, but retirement benefits might shrink anyway.<p>Some common American worries are gaining weight, getting wrinkles, and wondering whether Social Security will go bankrupt. According to a 2017 Nationwide ?

It's Time To Say It, Retirement Is Dead, This Is What Will Take its Place.
by Thomas Koulopoulos
19 Feb 2018 at 3:30pm
The tired old notion of retiring is absolutely the wrong way to think about the most important part of your life.<p><i>"We get old when the weight of our memories and regrets starts to exceed that of our dreams."</i><p>When it to comes to the topic of retirement the old rules no longer apply.<p>In 1935 when the ?

6 Tax Deductions You Can Take Without Itemizing
by Maurie Backman
19 Feb 2018 at 3:29pm
Not looking to itemize on your taxes this year? No worries. These deductions are still on the table.<p>As a taxpayer, you have a couple of choices when ?

This $2,000 expense could blindside homebuyers
by Darla Mercado, CNBC
19 Feb 2018 at 10:19am
Enjoy your pristine lawn and beautiful pool: The cost of keeping up these amenities may be burning a hole in your wallet.<p>Prospective homeowners generally are aware of what it would cost to pay down their mortgage each month, as well as the expense of keeping an insurance policy on their ?

Can I Get Social Security If I'm Not a U.S. Citizen?
by Dan Caplinger
19 Feb 2018 at 10:07am
There's a lot of confusion about benefits for noncitizens.<p>Millions of Americans receive Social Security benefits, and nearly everyone who works in ?

Attention, seniors: Trump?s budget is coming for your Medicare benefits
by By Michelle Singletary
19 Feb 2018 at 10:04am
On the campaign trail, Trump promised ? repeatedly ? he wouldn?t cut Medicare benefits.<p>That was then: Trump promised over and over to ?save? Medicare, Medicaid and Social Security. Will he?<p>This is now: Seniors will pay the price for Trump?s Medicare cuts<p>Trump released his 2019 budget last week, and ?

Are You Unknowingly Raising Your Audit Risk?
by Maurie Backman
18 Feb 2018 at 6:38pm
Certain moves might subject your tax return to further scrutiny. Here are some critical mistakes to avoid.<p>As if filing taxes weren't stressful ?

These new steps will help protect older Americans from financial fraud
by Sarah O'Brien, Special to CNBC
18 Feb 2018 at 3:51pm
Brokers now have a couple of new weapons to help them battle financial fraud against older Americans.<p>One rule, which takes effect Monday, allows brokers to put a temporary hold on a requested account withdrawal if financial exploitation is suspected.<p>"A lot of times, advisors haven't had the ability ?

4 Reasons Why a 401(k) Is Better Than a Pension
by Wendy Connick
18 Feb 2018 at 3:46pm
Pensions can provide substantial retirement income, but that money isn't nearly as risk-free as you might think.<p>Pensions are a dying perk: Just 4% of ?

Taxes: What you need to know to deduct medical expenses
by Susan Tompor, Detroit Free Press Personal Finance Columnist
18 Feb 2018 at 3:45pm
Some retirees are grumbling that young families are getting a better deal under tax reform. But seniors could be overlooking some good news for deductions for medical expenses.<p>At one point, the heated debate on tax reform called for eliminating the deduction for medical expenses entirely.<p>But the ?