Ways you can stop frustrating robocalls

By: Jim Miller

Dear Savvy Senior: Is there anything I can do to stop perpetual robocalls? It seems like I get five to 10 a day on my home and cell phone, and I’m sick of it! —Frustrated Frank Dear Frank, Robocalls make up around 50 percent of all phone calls today, and it’s only getting worse. Americans were hit with 26.3 billion robocalls in 2018, a whopping 46 percent increase from the year... READ MORE

Is umbrella insurance worth purchasing?

By: Pat Mertz Esswein

We never dreamed that a short story about umbrella insurance would be the top-ranked article in Kiplinger’s monthly reader survey, but that’s exactly what happened when we tackled the topic in July 2018. The article also generated plenty of reader mail. Many of you wrote to ask us to revisit the topic and help you determine how much umbrella coverage you need — and to do just that, ... READ MORE

Cash rules as stocks and bonds waver

By: Stan Choe

Suddenly, cash is king again. For years, cash languished at the bottom of the investment rankings, weighed down by nearly non-existent interest rates. But with the Federal Reserve raising short-term rates four times last year, money-market funds and online savings accounts began paying interest that came close to approaching inflation. This while stocks, bond funds and gold all posted ... READ MORE

Tax strategies for approaching retirement

By: Kevin Webb, CFP

When steady income from employment stops, it’s replaced with other sources, such as pensions, Social Security and investments. You can usually control when to start these income sources and — in the case of investments — decide which account to pull money from, as different accounts may have different tax consequences. This gives you a chance to explore tax strategies that can have ... READ MORE

Are index funds becoming too popular?

By: Stan Choe

Forty years ago, the thought of buying a stock index fund was ridiculed. Why would anyone be satisfied with an investment that promised nothing more than the same return as the market? Later this year, however, U.S. stock index funds may for the first time control more in assets than mutual funds run by stock-picking managers who are trying to deliver better returns than an index like... READ MORE

Avoid costly mistakes when buying a car

By: Philip Reed

In the excitement of buying a new (or used) car, it’s easy to forget critical details that wind up costing you money. I learned this over more than a decade of buying dozens of test cars for the automotive site Edmunds. No matter how much experience I got, I always consulted my car-buying checklist and updated it based on what I learned. Once you’ve decided on the type of car you... READ MORE