Getty For some time now, you’ve been able to draft an online will on a home computer via firms like Rocket Lawyer, Legal Zoom or FreeWill. But it still had to be signed with wet ink in front of a notary and witnesses to be valid. That’s on the cusp of changing. And if you
Retirement
Share to facebook Share to twitter Share to linkedin The latest setback took a toll on the market. Chip Somodevilla/Getty Images Topline: Stocks pulled back from near record highs and plummeted on Wednesday, following a report that the phase one trade deal between China and the U.S. was again delayed, and now won’t be completed
WASHINGTON, D.C. – APRIL 14: Attendees rally on the West Front of the U.S. Capitol building with … [+] Teamsters Union retirees who traveled from across the country to voice their opposition to deep cuts to their pension benefits on April 14, 2016, in Washington, D.C. Thousands are facing massive pension cuts because of a
“God will prepare everything for our perfect happiness in heaven, and if it takes my dog being there, I believe he’ll be there.”~The Reverend Billy Graham It’s peculiar that the origin of the word “dog” is essentially unknown. It is true that theories abound such as that the term was derived from the Old Germanic
When an aging parent is diagnosed with dementia of any kind, it can be devastating and confusing to the family. For some, there is denial:”it’s not that bad, I don’t see anything wrong with her, and let’s just let things stay the same for now.” For others, there is overreacting and trying to push the
Share to facebook Share to twitter Share to linkedin The Social Security Administration published an online form today for seniors to report they have been contacted by persons fraudulently claiming the scammers work for the agency. . . “I am deeply troubled that our country has not been able to stop these crooks from deceiving
Getty One of the most vexing questions many of us face once we hit our 60s is: Where should we live as we get older? I’m not talking about those “Best Places to Live” rankings. I mean what kind of home, and type of community, would be most suitable. That’s why I was eager to
FedEx employee Hector Montoya prepares packages for delivery in New York, U.S., on Thursday, March … [+] 19, 2008.Photographer: JB Reed/Bloomberg News BLOOMBERG NEWS “FedEx Closes Pension Plan to New Hires”: that’s the headline at the Wall Street Journal today. Or, as the Memphis Commercial Appeal reported, “FedEx to launch a new 401k plan with
A demonstrator holds a sign reading “Honk To Thank The Whistleblowers” near the White … [+] House in Washington, D.C., U.S., on Wednesday, October 9, 2019. A second whistleblower, described as a member of the intelligence community with first hand knowledge of some of the allegations in the original IG report, has come forward this
The wealthiest US citizens have vast assets but little income, so income taxes struggle to reach … [+] them. A wealth tax could ensure these very richest Americans pay their fair share along with the rest of us. But would it? Getty As the first primaries for the 2020 presidential election approach, some Democratic candidates,
©Tim – stock.adobe.com The most popular index is the best performer, just like before the Dot-Com Bubble When you talk about the “stock market” or your “stock portfolio,” what do you really mean? For many investors, the S&P 500 is “the market.” After all, the majority of the total value of all stocks on U.S.
You think you’re going to earn a lot investing a lump sum? You’re thinking wrong. Future value Getty I’ll grab the money now and invest it, you tell yourself. Get Social Security early, or take the lump-sum buyout of a corporate pension. I can put the cash in the stock market and earn way more
null Getty On Saturday, I recounted the ways in which the Chicago Teachers’ Pension Fund was set up for failure, with most teachers never seeing any of the money they paid in but the lucky few hitting the jackpot with comfortable benefit payouts at young ages, and, for those in the early years of the
You saved up all your life for retirement, squirreling money into individual retirement accounts or 401(K)s and the like. And that reduced your taxes because the retirement contributions were deducted from your income. But once retired, you can’t just sit on this tax-sheltered money. By law, at 70½, you must take some of it out, based
Sixteen years ago, when John first left Mumbai, India to immigrate to the U.S., he only had $1,000 to his name. He also didn’t have a credit score – credit wasn’t something his family had access to – which left him unable to approach a traditional apartment complex with a vacancy. Instead he had to
Chicago (undated) Getty Why are public pension plans so poorly funded? Sure, you can blame politicians’ meddling, or irresponsible benefit increases, or decisions to take contribution holidays, but, to take the Chicago Teachers’ Pension Fund as a case study, it was not designed to be funded in the first place. Here’s the story, as assembled
By Daniel Newman and Olivier Blanchard, Next Avenue Contributors Getty (There have been many scary stories lately about how robots and artificial intelligence will increasingly replace human jobs in the coming years. So, you may be nervous about what the future holds for you and your career. In this excerpt from their new book Human/Machine:
Businessman holding tablet and showing a growing virtual hologram of statistics, graph and chart … [+] with arrow up on dark background. Stock market. Business growth, planing and strategy concept. Getty Over 25 years after William P. Bengen published what he referred to as the SAFEMAX rate in the October 1994 issue of the Journal of
A reliable recession indicator is shifting into high gear ©bht2000 – stock.adobe.com Comedian Bill Maher has a line he uses from time to time: “I don’t know it for a fact, I just know it’s true.” Here is an example of that, which will be of interest to anyone who is at all concerned about
Baby Boomers are facing large scale homelessness, Congress was warned today. “Without serious attention and planning, we will have elderly paupers on our streets and in our parks in large numbers,” Dr. Joanne Lynn, policy analyst for the Program to Improve Elder Care at the Medicare and Medicaid consulting firm Altarum asserted. Her warning came