| Aug 16, 2013
| 6:50 PM
Dear Liz: If I plan to stay invested for more than 15 years and I can tolerate the ups and downs of the market, why would I want to put any of my 401(k) money into bonds instead of putting it all in various stock funds? The bond funds in my 401(k) have...
| Aug 26, 2013
| 7:22 AM
Baby boomers may have no one to care for them in their old age.
Shifting demographics mean that aging boomers will have fewer friends and family members to take care of them as they get into their 80s, according to a new study by AARP.
In other words,...
| Aug 16, 2013
| 6:41 AM
Americans rely heavily on 401(k)s to fund their hoped-for retirements, but many people find the plans bewildering and aren’t sure they’re making the right investment choices.
That’s the upshot of a new survey by Charles Schwab Corp.,...
| 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,...
| Jul 23, 2013
| 1:03 PM
If I were a government employee in California, I'd cringe anytime I heard the name Bruce Malkenhorst.
Malkenhorst worked for the tiny city of Vernon for 29 years, culminating with his tenure as city manager. He somehow persuaded his employer to pay...
| Jul 19, 2013
| 8:04 PM
Dear Liz: My partner passed away a little more than a year ago. I inherited his 401(k) and life insurance. I opened an IRA in which to place the amount of the 401(k), but the company told me that after a year (which is now), I have to withdraw the money...
| Jul 12, 2013
| 11:12 PM
Dear Liz: Everyone talks about Roth IRAs and how beneficial they are. But I am self-employed, my husband contributes 16% toward his 401(k), our house is paid off, and we no longer have dependents to deduct on our 1040 tax return. My contribution to my...
| Jul 5, 2013
| 8:59 PM
After four years of providing trillions of dollars in cheap money to prop up the U.S. financial system and economy, the Federal Reserve has signaled that its generosity won't last forever.
On the face of it, that ought to be good news: It means the...
| 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...
| Apr 5, 2013
| 9:55 PM
Dear Liz: What would you suggest that someone do with $20,000 if the someone is closer to 40 than 30, single, with $100,000 of student loan debt and a $250,000 mortgage? My salary is around $100,000 a year. I have an emergency fund equal to six months...
| Mar 29, 2013
| 8:22 PM
Dear Liz: Could you advise us on how to protect our 93-year-old mother's assets if she should become ill or die? She does not have a living will or a trust regarding her two properties.
Answer: "If" she should become ill or die? Your mother has been...