Tag: Living / Lifestyle

I’m 64, single, considering retirement after fighting cancer — I have $1.6 million. Should I retire?

Thank you for helping people with their retirement. Here is my situation and look forward to your comments. I am 64 years old, single, and...

‘She is a financial idiot and partier’: I loaned my sister $4,780 for a lawyer during her divorce. I am still chasing repayments

Two years ago, my sister called me from a divorce-settlement meeting without a lawyer. Her soon-to-be ex-spouse had a lawyer there. She was being pressured...

‘The massive restructuring of the economy resulting from the pandemic will likely generate further declines in the middle class’

Most Americans believe themselves to be members of the middle class. But a new report has shed light on who really makes up this segment...

Opinion: Would you want your parents to live in a nursing home owned by private equity?

Would you put your mother in a nursing home that is owned by a private-equity firm? It’s a question a growing number of us are...

Review: The 2021 Ford F-150, updated and redesigned

One of the most appealing things about the Ford F-150 is that this well-rounded full-size pickup consistently offers capability, value, innovation, and choice. All-new this...

Opinion: 7 ways to cash in on the boom in videogames and esports

Like millions of other folks, I have maintained my sanity during the COVID-19 pandemic through videogames. To an older generation that may sound odd, but...

I’m 28, have zero debt, a 401(k), Roth IRA and $45K in the bank. My parents want me to save for a home. I want a Tesla Model 3. Who’s right?

Dear Quentin, I’ve been flip-flopping back and forth between buying a new car or putting a down payment on my first home. With my parents...

Our housekeeper does not work when we’re at home due to COVID-19. We still pay her. Could we treat those payments as a ‘gift’ to reduce her income tax?

Dear Moneyist, Due to the 2020 global pandemic my wife and I have been concerned about indoor exposure to others. We are fortunate enough that...

Amid water shortages and power outages, Texans cry foul over price gouging for bottled water, gas and $1,000 hotel rooms

Some businesses in Texas are hitting consumers when they’re down. Lina Hidalgo, the judge Harris County, the largest county in Texas, said this week that...

My wife has homeschooled our son and our best friends’ son since September due to COVID-19. Is it too late to bring up money?

My wife and I have a 7-year-old son who would normally be attending the public-school system this year. However, for a variety of reasons mostly...

Philadelphia relies on a commuter tax to balance its budget. What does that mean in a work-from-home world?

Jon Dumont has walked through Philadelphia’s Center City district to and from his office for years, passing familiar businesses and friendly faces. But the experience...

6 rules for buying your first car

This article is reprinted by permission from NerdWallet.  Recently I helped a family friend buy her first car. It reminded me what an overwhelming and...

GameStop hearing challenges assumptions about rookie investors — ‘Retail investors making up this new surge are different’

YOLO? Maybe not quite so. During the GameStop trading frenzy, some observers worried many rookie retail investors banding together on sites like Reddit’s WallStreetBets would...

‘My husband has burned through all of our finances. If we divorce, I don’t want him to get one penny.’ How can I protect myself?

Dear Quentin, I live in New Jersey, which is a community property state. My husband and I have had a very rocky relationship and are...

My boyfriend, 9 years my junior, does not want to move out of my home should I die before him. My adult children are not amused

Dear Quentin, I am a 49-year-old woman with four adult children aged 19 to 29. I bought my home in 1998 as a single mother...

‘I am held hostage in my own home’: My husband’s son lives with us. He is physically abusive and menacing

I am married, but my home is in my name only. When I bought it in 2010, I was the only one eligible to apply...

Turned 60 last year? Social Security has an unpleasant surprise for you

Future Social Security benefits could drop for people who turned 60 in 2020, analysts said, but the extent of the decline is still unknown.  There...

These midsize trucks get the best mileage

Pickup trucks generally aren’t famous for great fuel economy, but the efficiency of some midsize trucks in 2021 may surprise you. There are multiple diesel...

How to plan a meaningful post-pandemic re-entry

At long last, as the vaccines gradually roll out, maybe the end of the pandemic is in sight and soon the new (revised) normal will...

My husband, 79, promised to leave his grandson his home. After 22 years of marriage is that fair to me?

I am a married woman age 69 and my husband is 79. I am his second wife and we have been married for 22 years....

My fiancé wants me off the deed and mortgage to our new home. If I don’t agree, he says we’ll stay engaged forever

Dear Moneyist, My fiancé — or should I say eternal fiancé because he never wants to get married — recently shocked me when he flatly...

Opinion: Superspreader Sunday? What to do if you’re exposed to COVID-19 at a Super Bowl gathering

Health officials have urged football fans to celebrate the Super Bowl at home this year. The virus is indifferent to whether people cheer for the...

I’m 60 and want to retire on between $800 and $1,200 a month, ideally near the ocean in Mexico — where should I go?

I live in Loveland, Colo., just turned 60 and would love to be retired within the next year. I’m looking for a more affordable place...

Opinion: Taxes in retirement: What happens after your husband or wife dies

One of the most common retirement tax planning errors I see is specific to married couples: not accounting for the tax changes that will occur...

My sister put our mother in a nursing home, where she died of COVID-19. Should I take legal action against her or the nursing home?

My sisters and I disagree on most things, but never could I have imagined how our relationship would end. My parents put me down as...