Family caregivers open their hearts and their minds when caregiving for ailing loved ones. They often open their wallets, too. But there are a few ways you can try to recover the financial costs of caregiving, as experts explain below. According to the… Continue reading
Devyani Dave immigrated from India to California in 1995 in her early 60s to live near her son and his family. Her green card was sponsored by her son (who prefers not to reveal his name), a citizen who came to the U.S. in 1973. When Dave arrived to st… Continue reading
Members of what’s known as the FIRE (Financial Independence Retire Early) community have one overarching goal: to achieve financial independence. While most FIRE members are in their 20s, 30s and 40s, there is growing interest from people in their 50s … Continue reading
Often, adult children need some money from their parents. But what do you do when your parents need financial help? You won’t be alone. According to a 2019 study by the Transamerica Center for Retirement Studies, 8% of Gen Xers and 3% of boomers say su… Continue reading
You may be thinking about making your 2020 vacation plans right about now. Before you do, however, read below what I heard from four experts at last week’s New York Times Travel Show. During their sessions, they shared savvy advice on how to save money… Continue reading
As the winter of 2019 bore down on the upstate New York suburb of Guilderland, Mary Anne Bettcker, 65, got a curious letter in the mail. A company named Arcadia was pitching solar power — not from her roof, but from an unspecified “new community solar … Continue reading
“Turn off the lights.” “Why would you go out and spend money for coffee?” I grew up middle-class in the 1950s with a litany of lines like that from my Depression-era mother. Usually, I didn’t listen to them. But now that I’m 70 and figuring out ways to… Continue reading
“Turn off the lights.” “Why would you go out and spend money for coffee?” I grew up middle-class in the 1950s with a litany of lines like that from my Depression-era mother. Usually, I didn’t listen to them. But now that I’m 70 and figuring out ways to… Continue reading
Some people may think it odd that I still have landline phones in my house. After all, I’m an engineer who has worked on everything from spectrophotometers to satellites. I have more computers than socks. My office looks like a data center at a small c… Continue reading
Knowing how to spend your retirement money is often harder and more confusing than knowing how to save it. The basics for saving for retirement are pretty simple. For four, five or even six decades, you painfully learn how to spend less and save more. … Continue reading