| Jul 26, 2013
| 7:25 PM
Dear Liz: None of the Web-based tools I've seen really get at the heart of the problem of how much I really need in retirement. For example, if I am diligent and save 20% of my income (I earn over $150,000), why would I need to replace 95% or even 80%...
| Jul 16, 2013
| 8:56 PM
As if you haven't been scared enough by the projections that most Americans haven't saved enough to maintain their lifestyles as they enter retirement, here's something even more terrifying:
Nearly half of all Americans will outlive their assets,...
| Jun 28, 2013
| 8:13 PM
Dear Liz: I am a 67-year-old college instructor who plans to teach full time for at least eight more years. Last year I began collecting spousal benefits based on my ex-husband's Social Security earnings record. Those benefits give me an extra $1,250 each...
| Jun 13, 2013
Money Talk: In the June 9 Business section, the Money Talk column said that people who start Social Security benefits early can't switch to a different or higher benefit later. People who start Social Security payments based on their own record before...
| Jun 14, 2013
| 8:11 PM
Dear Liz: I have three credit cards that are in my name only, plus a small loan at my credit union. My husband did not sign for any of these, nor does he know the extent of my debt, which is about $10,000. If I should die before I can get them paid off,...
| 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...
| 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...
| Jun 22, 2013
| 8:00 AM
The trouble started with the inheritance.
Eight years ago, the economy was booming and Jane Osick was on solid ground. She had manageable student loans, a stable job and excellent credit.
Then, in less than two years, she racked up $120,000 in...
| 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...