| May 10, 2013
| 9:24 PM
Dear Liz: When I was 62, I started Social Security and I'm currently saving half of my monthly benefit after taxes (about $750). My decision to take my benefits early was influenced by a financial columnist who suggested that if I started at 62 and...
| May 11, 2013
| 8:21 PM
JOINT BASE LEWIS-McCHORD, WASH. — The court-martial of Army Sgt. John Russell concluded Saturday with a military judge asked to decide whether the 14-year Army veteran was deluded by depression and despair as he shot five fellow service members in...
| Apr 29, 2013
| 1:49 PM
Underfunded state pensions are a vexing problem that even the brightest minds at the Milken Institute Global Conference can’t solve.
State governments nationwide have fallen behind in saving for employee retirements. The average public pension...
| May 2, 2013
| 5:00 AM
The retirement plans of more and more Americans are about as connected to reality as Grimm’s Fairy Tales. Grim is exactly what it is going to be for these folks when, in their 70s, their 401(k)s have petered out, they have no pensions and no...
| Dec 9, 2012
Just as the devil's finest trick is persuading you that he doesn't exist (according to the poet Baudelaire), the best trick of big-money political donors may be persuading Americans that Citizens United doesn't matter.
Citizens United, of course, is the...
| Feb 22, 2013
| 9:06 PM
Dear Liz: I'll be done paying off my car in a couple of months. What's a good strategy for redirecting that money once it's paid off? Should I use the whole amount each month to start saving for my next car, or would I be better off splitting it up and...
| Dec 9, 2012
Dear Liz: I'm about to marry an active-duty military man. We're in the process of marrying our finances, and I have several questions.
First, what is a good emergency fund for us? We run our household on his salary because I'm recently unemployed. I'...
| Feb 19, 2013
| 3:32 PM
It's amazing, and depressing, when political compromise functions only to throw obstacles in the way of ideas that bring the greatest good to the greatest number of people.
Today's example: the long, tortuous road to bringing more retirement security to...
| Apr 23, 2013
| 7:15 PM
Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month.
That's the amount by which benefits for the average...
| Apr 12, 2013
| 11:34 PM
Dear Liz: I try to watch out for my neighbors, a married couple in their early 90s. Two of their three sons, who are both in their 60s, want them to get a reverse mortgage. The couple's house is paid off as well as their cars. They pay all their monthly...
| Mar 1, 2013
| 8:06 PM
Dear Liz: I just turned 70. Must I draw now from my IRA? I still work full time. I heard from one investment company representative that since I work, there is an exemption that I may not have to start withdrawals. Is this true?
Answer: You can postpone...