With AI, scammers have more ways to deceive
Late at night, while watching television at home, your cell phone suddenly lights up with a FaceTime call. On the screen, you see the tear-streaked face of your beloved grandchild, visibly distressed and pleading for your assistance. She explains that she’s in a foreign country in trouble, desperately needing money for bail. She implores you to keep this situation secret from her parents... READ MORE
Annuities provide guaranteed income
Annuities, a type of guaranteed income, can give you peace of mind in retirement. After all, having an annuity means you can count on a payment arriving regularly, regardless of how the stock markets are performing. But is an annuity a must-have? Some 401(k) plan sponsors, insurance companies and money managers think so, but not every financial pro is on board with that... READ MORE
Entrepreneur turns grief into guidance
When Adam Zuckerman’s father died suddenly of a leukemia relapse just 12 days after a visit to the hospital, Zuckerman found himself crushed by grief — and overwhelmed by paperwork. “What I realized was, [paperwork] takes a lot more time than I thought it should, and that the process is pretty complicated, and I’m not the only person who’s gone through it,” he said in an... READ MORE
Helpful resources for older job seekers
Dear Savvy Senior, What websites or apps can you recommend to help older people find employment opportunities? I’m 60 and have been out of work for nearly a year now and need some help. —Seeking Employment Dear Seeking, To help you find employment, there are a number of job-search websites and apps specifically tailored to older workers seeking full-time, part-time or remote ... READ MORE
Banking you can do online or on an app
The brick-and-mortar banking experience that retirees relied on growing up is waning. You may be aware that bank closings are becoming common these days as more people shift to mobile apps and online banking. There may be a bit of a learning curve for retirees, but once they make the switch, it can open up a world of convenience. After all, you can do much more than check your balance ... READ MORE
How to prepare for a possible recession
If you are retired and worried about a recession, join the crowd. For current retirees or those planning retirement soon, just the whiff of a possible recession is alarming. The American economy has been remarkably strong, but confidence in the economy is plunging in the face of multiple economic and political challenges. Economists have been flirting with the idea of a recession ever ... READ MORE
Tips for investors during volatile markets
[Ed’s. Note: This story offers a different way of looking at volatility than our story with a similar title last September.] Navigating financial markets can often feel like trying to predict the weather a month in advance — frustrating, unreliable and prone to sudden changes. While markets thrive on speculation, successful investing is built on logic and discipline. Rather than... READ MORE
Retirement lessons learned over my career
I worked 34 years before retiring and have been retired from full-time work for 29 years. I have made some good decisions and some not so good, and I hope you can learn from both. First, I will discuss what I believe were good decisions. When you look for full-time employment, see if you can find an employer that offers a defined benefit plan. Although most employers no longer offer... READ MORE
You’ve saved up; do you have an income plan?
Retirement planning is often compared to climbing a mountain. The ascent — the accumulation phase — is about building your wealth, while the descent — the distribution phase — is about strategically living off those savings. The sequence of returns risk One of the most significant challenges during the descent is managing sequence of returns risk, which refers to the impact of the ... READ MORE
Make a giving plan that won’t break the bank
Making decisions about gifting can evoke many emotions. As you think about the legacy you want to leave, you may feel a sense of urgency to make a positive impact in the lives of your loved ones and on the world. In my discussions with retirement-age clients about charitable giving, I like to quote a flight attendant’s warning before takeoff: Put your own oxygen mask on first — before... READ MORE
Money 2026
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