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Thursday, November 23, 2017

This week’s retirement strategies and news


November 23    
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NEWS SPORTS LIFE MONEY TECH TRAVEL OPINION WEATHER
  Personal Finance
 
A confused elderly man staring at coins being held and pointed at by a woman next to him.
 
  The GOP tax plan could negatively affect your Social Security benefits  
  A new inflationary measure could stymie Social Security's annual cost-of-living adjustment.  
  Read Story Read Story  
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  taxes      
  Keyboard with blue tax key.   Why you're stuck paying this hated tax at least 1 more year
Find out why one unpopular tax provision hasn't yet gone away.                              
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  taxes      
  Jar of money labeled retirement.   Tax planning: Do you qualify for an IRA deduction in 2018?
It depends on the type of IRA, your income, and your employment situation.                              
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  Personal Finance      
  graph on a chalkboard of a retirement plan, with three stacks of coins getting bigger from year one to year two and then three   You’re probably not saving enough for retirement — and that’s OK
Median household income is $59,039, but the savings rate is only 3.1%. Even $1 million won't last through retirement, depending on where you live.                              
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  Personal Finance      
    Got a will? Here are 11 more end-of-life documents you may need
Most consumers don't have key end-of-life documents in place. Documents like a DNR and POLST overlap, but that redundancy can help ensure your wishes are followed.                              
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  Personal Finance      
  Forget Florida -- a new country may be a far better retirement destination.   Want to be an expat? 3 signs you should retire abroad
Forget Florida -- a new country may be a far better retirement destination.                              
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  Personal Finance      
    Dealing with debt: Yes, you can save for college AND retirement
When you have limited resources, how can you save for both college for your kids and retirement for yourself?                              
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  Personal Finance      
  You only will build a big enough balance in your 401(k) if you're proactive. This means, first and foremost, knowing the current state of your account.   Can you answer these questions about your 401(k)?
Not knowing this answer could cost you more than $350,000.                              
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  Personal Finance      
  FILE - In this April 14, 2016, file photo, a son, at right, holds his mother's hand at her nursing home in Michigan. Many Americans have a blind spot when it comes to retirement planning: long-term care costs. Even though the majority of Americans wi   Retirement planning should include long-term care costs
Even though the majority of Americans will at some point need long-term care, few are planning for it.                              
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  columnist      
  Shoppers will grab their smartphones and go this holiday season even before dessert is over on Thanksgiving. But consumers are wise to watch out for fake web sites and other online shopping-related scams.   Fake Amazon gift cards, phony Walmart sites and other cyber scams tempt holiday shoppers
Fake webpages and phishing emails explode during the holidays. Online brands frequently targeted by impostors include Amazon, Walmart and Target.                              
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  The Day In Pictures Gallery
People watch the Grinch Balloon pass by during the annual Macy's Thanksgiving day parade.

People watch the Grinch Balloon pass by during the annual Macy's Thanksgiving day parade.
 
  Popular Stories
Chelsea beats Qarabag 4-0, reaches Champions League last 16
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NIU tops Manhattan 70-68 for 7th at Gulf Coast Showcase
 
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