| Jun 7, 2013
| 7:38 PM
Dear Liz: My husband and I have been putting 5% and 6%, respectively, into our 401(k) accounts to get our full company matches. We're also maxing out our Roth IRAs.
The CPA who does our taxes recommended that we put more money into our 401(k)s even if...
| Feb 16, 2013
| 11:58 AM
We've all heard the saw about California being hostile to industry. Here's an industry that indisputably has grounds for complaint: the gun industry.
Finally, the Legislature is getting something right.
According to many experts, California's firearms...
| Jun 5, 2013
Fear-mongers and other critics of Social Security were silenced — momentarily — by the release last week of the annual trustees' report for the programs. The report showed not only that it's looking pretty good in the near term, but in the...
| May 31, 2013
| 9:13 PM
Dear Liz: My spouse has tenure at a university. Given that one of us will always be employed, should we change the way we look at the amount of money we keep in an emergency fund or our risk tolerance for investments?
Answer: Even tenured professors can...
| May 23, 2013
| 9:45 AM
Three in four American workers say they intend to work past retirement age. Slightly more of them say it’s because they want to do so, not because they have to, according to a new poll from Gallup.
Among employed Americans, 40% said they will...
| May 17, 2013
| 12:46 PM
The retirement crisis is deepening, with recent generations of Americans less financially prepared for their golden years than their parents or grandparents, according to a new study.
The study by the Pew Charitable Trusts suggests that people who...
| Jan 13, 2013
Dear Liz: Recently, someone from an insurance company proposed that I stop investing through my 401(k) at work and instead invest in his insurance company contract with after-tax dollars. He claims the funds would be guaranteed so that I would never...
| Dec 30, 2012
The good news for the U.S. economy as we enter 2013 is that the election's over. The bad news is that the election's over.
What's good about it is that both parties in Washington can shed their preoccupation with the campaign theatrics that dominated...
| Mar 8, 2013
| 9:02 PM
Everybody loves lists.
Most of those you see in the papers or online tend toward the inconsequential (The Six Best "Fast & Furious" Movies).
So here's a list with a bit more gravitas: The five biggest lies you're being told about entitlement programs....
| May 24, 2013
| 7:57 PM
WASHINGTON — Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the...
| May 17, 2013
| 7:25 PM
Dear Liz: A few years ago I finished paying off my debt and now am in the very low-risk credit category. I have savings equal to about three months' worth of bills and am working to get that to six months' worth. I'm wondering, though, about an...