ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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As a retirement nest egg, $351,000 may sound like a nice (if arbitrary) figure. But you may need every penny just to cover health care costs, Medora Lee reports. |
That sum, drawn from a recent report, represents how much a couple would need to have a 90% chance of covering all of their retirement healthcare expenses, including Medicare premiums and out-of-pocket costs. Read the story. | Melisa Gotto, right, said she was not prepared to handle financial for her dad, Dave Gotto, right, left after his death. Having the uncomfortable conversation about his finances and wishes would have helped, she said, submitted photo |
Uncomfortable conversations about death and money |
How do you talk to your parents about death and finances without sounding greedy? |
In the latest installment of Uncomfortable Conversations About Money, Betty Lin-Fisher guides us through how to have a conversation with your aging parents about end-of-life money issues. |
Betty writes about Melisa Gotto, who wasn't prepared for the financial decisions that followed the death of her father. They hadn't really talked about money. Seven months after his death, she's still trying to get the title for his car. Read the story. |
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Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. |
Daniel de Visé covers personal finance for USA Today. | | | | A recent survey of 2,202 adults last month showed only 4 in 10 have a nest egg, even though 74% expect to retire at 64. | | | |  | How do you talk to your parents about death and money? We tackle that in our Uncomfortable Conversations About Money series. | | | | Let this help you retire rich. | | | | United States stock markets will be closed on Monday in honor of Presidents Day. They'll re-open on Tuesday, Feb. 20. | | | | Vehicle insurance prices continue to soar despite overall easing inflation trends. See which states have the highest rates and where yours ranks. | | | | If you're thinking of leaving the workforce early, it's important to know what could happen if you claim Social Security benefits ahead of schedule. | | | | Over a dozen startups have entered the menopause marketplace, offering video appointments, and treatment sometimes with just the tap of an app. | | | | The Chinese frozen dessert has gone viral on social media for being hard to find in the U.S. But 99 Ranch Market stores say they have it in stock. | | | | Travel to the U.S. has yet to rebound after the pandemic due to a few reasons, one being safety and growing concerns about gun violence. | | | | Passengers are finding new – and not necessarily ethical – ways of accessing their seats before everyone else. | | | | |  | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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