Dear Quentin, I am 85 years old with an estate valued at around $4 million, which includes my home. Although I have long-term-care insurance, $500 per day may not suffice for round-the-clock care in today’s environment. Nearly half of my assets are subject to taxation within retirement accounts, while the …
Read More »
Purchasing a vehicle ranks among the most significant financial decisions for numerous Americans throughout their lifetimes. The cost of new cars has reached unprecedented levels, gradually rising to an average of almost $50,000 in 2025, as reported. Kelley Blue Book . When acquiring a brand-new vehicle in 2025, selecting an …
Read More »
Americans earning a regular salary might find it difficult to live comfortably across all 50 states. The middle-of-the-road yearly salary for people stood slightly under $62,000 by the close of 2024, as reported by the Bureau of Labor Statistics . But it takes a salary of at least $80,829 for …
Read More »
In recent years, owning a home has grown more costly, excluding numerous younger purchasers from the real estate market. The rise in inflation has escalated the overall cost of living, driving up house prices and making it challenging for potential buyers to accumulate funds for a down payment as they …
Read More »
I grew up with my single mother, who was very cautious with finances. She meticulously saved money. clipped coupons And clung to furniture and clothing that seemed like they were plucked right from a film set in the 1980s. Once I landed my initial job, I received a reasonable income …
Read More »
Cash or credit? There are many benefits to adopting a cash-based system, as Danny Kofke, an educator and writer, explains in his book. The Prosperous Educator: Insights for Thriving on a School Teacher’s Income , Kofke points out, “A lot of us feel emotionally connected to those fresh, green banknotes. …
Read More »
Dear Quentin, My spouse is 61, and I’ll be reaching 60 shortly; currently, I do not have employment. We have $15,000 invested, along with a disability benefit totaling $5,500 each month which will reduce by half after four years. There are still 25 years remaining on our mortgage, requiring a …
Read More »
It’s finally that time of year when you tackle tasks you’ve been postponing. For countless Americans, this involves addressing their financial situations. If you’ve been avoiding funding your 401(k) When starting a brokerage account, remember that many people feel the same way. About 48% of American adults—almost half—say they have …
Read More »