Over 5 million renters have lost money in rental scams
The three-bedroom home on Lexington Court in Largo, Fla., 20 miles north of St. Petersburg, looked like the perfect family home, with a nice front yard, central cooling and laminate floors. For 18 families, it turned it was too good to be true — and at a serious cost. A married couple, Nicole and David […]
People are taking out loans to pay for their vacations
Denise Phillips, a military veteran and mom who has three sons in the service, wanted to book a trip to Hawaii to spend Thanksgiving with one of her children. But she didn’t want to pay for the trip all at once. So she started searching online for installment plans and found one through the lending […]
Should Poor People Save For Retirement?
Andrew Biggs, American Enterprise Institute scholar (and fellow Forbes contributor) has a new article at the Washington Post, “State-run retirement plans are the wrong way to protect the poor,” in which he addresses the new auto-enrollment state-managed IRA plans. Five states are launching plans to automatically enroll employees, predominantly lower-income workers, in state-administered individual retirement […]
There’s a critical link between retirement planning, long-term care and estate planning
For most of us, retirement is a goal we hope will allow us to enjoy the fruits of previous sacrifices. While advance preparation clearly increases the likelihood that we can enjoy our “golden years,” there are many circumstances that dictate whether retirement is an opportunity or a burden. Most of us would also like to […]