Tag: personnel issues

I’m 65, have $500,000 in cash, no ‘impressive’ work résumé and am terrified of investing — can I retire?

I’ll turn 65 in December, and I’d LOVE to retire. First, the good news:– I’m single and have no dependents (not even a pet). – I...

I earned $100,000 in 2019, but far less in 2020. Why did I not get a stimulus check? How is that fair?

Dear Moneyist, I have a question about the stimulus check. Why is the stimulus check based on 2019 tax returns? I earned over $100,000 in...

While the business meal deduction is a full write-off in the rescue package, these provisions for at low-income families are getting a boost

There’s been an outcry over the fact that the $900 billion coronavirus stimulus package includes a provision that will let companies fully deduct meal expenses....

Here’s how to help yourself and your family ‘in case you get hit by a bus’

The pandemic has been a wake-up call in many aspects of life, including health, family, career and savings — and now more than ever, it...

COVID-19 is not a retirement story

Reporters repeatedly ask about the impact of COVID-19 and the ensuing recession on retirement. My response has generally been that COVID is not a retirement...

When will I get my second stimulus check? Mnuchin says they’ll arrive ‘very fast’

Now that lawmakers have come to an agreement on an almost $900 billion rescue package, the government is about to write a whole new round...

Millions of Americans are in ‘survival mode’ — beware, decisions made in this frame of mind can make or break you

More than one-third, 38%, of people say they’ll be in “survival mode” in 2021, according to Fidelity Investments’ annual New Year Financial Resolutions Study released...

My father moved his girlfriend, her cousin, and two kids into his 2-bedroom condo. I struggle to pay rent. What about me?

Dear Moneyist, When my maternal-great-aunt died, my father wanted me to help him purchase her property. He currently owns a condo and the arrangement we...

California post-Prop. 22: Gig workers to see pay changes, customers to see higher prices

Californians this week will start to see the effects of Proposition 22, the ballot measure that 58% of the state’s voters passed in November. The...

My friend’s father buried $50K in the backyard for his grandchildren. My friend has 2 kids, but his spendthrift brother has none. Should they split it?

Dear Moneyist, I am renting a house from friends whom I have known for decades. My landlord/friend tells me that his father buried a box...

I’m 12 and in 7th grade. My parents are divorced, and I earn $10 a month from my podcast. What do you advise?

I am 12 and in the seventh grade. I run a small podcast and make $10 a month. I am thinking about investing in stocks,...

Hello, free money for all: ‘Bye-bye,’ big-city life as we know it, according to this ‘outrageous prediction’

“ ‘The risk that societies are entirely torn apart results in the realization that the COVID-19 measures weren’t a mere panic response, but the start...

Will November’s ‘disappointing’ jobs report bolster the case for a second round of stimulus checks?

Retail jobs last month fell by 35,000, a reflection of “less seasonal hiring in several retail industries,” according to the Bureau of Labor Statistics’ Friday...

I’m 60, my wife thinks ‘money is for spending,’ I just lost my job and plan to retire — how can we avoid money fights?

I’m 60 years old and recently lost my job of 20 years. Given my age and the current economic climate, I’m looking at the possibility...

Bank workers could get COVID vaccines before most Americans

The American Bankers Association is seeking vaccine prioritization for bank tellers and frontline community-bank employees. An earlier version of this story suggested that the industry...

My mother left a home in Savannah, Ga., on 5 acres. I want to sell. My brother threatened to sue me for harassment and ‘ruin me.’

In September, our mom died without a will in Chatham County, Ga. I do not want to own her house and five acres in the...

Don’t wait until retirement to start enjoying life

Warner Bros/Courtesy Everett Collection I’m going to be 70 next year and I think I’m in pretty good shape. I do 25 push-ups before bed,...

I am 66 years old, retired, and now need to go back to work full time — how can I start over?

I retired from my job in 2014 and started drawing my Social Security at age 62. My income is around $1,600 a month but my...

I have 8 nieces and nephews. What is the appropriate age to stop giving envelopes full of money during the holidays?

Dear Moneyist, I have three children ages 16, 18 and 20 and also eight nieces and nephews ranging in age from 12 to 32. My...

The pandemic has more than doubled food-delivery apps’ business. Now what?

Zachary Davis, owner of The Glass Jar restaurant group in Santa Cruz, Calif., said he intentionally avoided working with food-delivery apps before the COVID-19 pandemic...

There’s a way to fix the $4.6 trillion U.S. public pensions mess — Canada shows us how

In Ernest Hemingway’s “The Sun Also Rises,” Mike is asked how he went bankrupt. His reply: “Two ways. Gradually, then suddenly.” He might as well...

She’s 63 and living by the beach in Mexico on $1,000 a month: ‘I can’t imagine living in the U.S. again’

Janet Blaser knows a thing or two about reinvention. Once a food and restaurant writer in Santa Cruz, Calif., the now-63-year-old struggled to find work...

50 million people will travel this Thanksgiving, as more than 250,000 Americans have died from COVID-19

The U.S. Centers for Disease Control and Prevention has repeatedly said that “the safest way to celebrate Thanksgiving this year is to celebrate with people...

I lost my job because of COVID-19 cutbacks — can I tap into my IRA?

Q: I’m 49 and was laid off due to COVID cutbacks. A former co-worker says I can tap my IRA tax-free this year. How do...

Simon Property gives up on four struggling malls. Why more could follow

Christmas decorations at The Grove outdoor shopping center in Los Angeles. AFP/Getty Images It was called “jingle mail” during the last recession. Real estate owners...