We only have $100K. What happens to people like us?

We only have 0K. What happens to people like us?

“Our house is great, but there is much wrong in it.” (Photo subjects are models.) – Getty Images/iStockphoto I have to read how many millions everyone has. We have, maybe, $100,000 in the bank. I am terrified that I will be homeless when my husband stops working. He is 76 years old and I am … Read more

Odds Are You Wrong About This Basic Social Security Rule

Odds Are You Wrong About This Basic Social Security Rule

Social Security will probably be a very important source of income for you during your later years. It cannot be yours only source of income, as you will need money in retirement plans to supplement it. Still, your benefits will almost certainly help you pay your bills as a senior once your wages stop. Unfortunately, … Read more

I am 61 years old and am being ‘invited’ to retire due to cost cutting, and the management sees me as a saver. What do I do?

I am 61 years old and am being ‘invited’ to retire due to cost cutting, and the management sees me as a saver. What do I do?

sedrik2007/Envato Moneywise and Yahoo Finance LLC may earn commission or income through links in the content below. Retirement is supposed to be an important step that you plan for, not one that you throw at yourself. However, a recent MassMutual survey found that while 63 is the ideal retirement age according to both retirees and … Read more

Great Britain is one of the richest countries in the world. So why do a third of her children live in poverty?

Great Britain is one of the richest countries in the world. So why do a third of her children live in poverty?

Thea Jaffe never expected to use a baby bank. In fact, she was responsible for referring other single parents from her local community group to the charity Little Village, which provides essential supplies for new parents who might not otherwise be able to afford them – everything from strollers and cots to clothes, nappies, toys … Read more

Medicare just announced its 2026 premiums, and it’s Bad News for Social Security’s Double Enrollment

Medicare just announced its 2026 premiums, and it’s Bad News for Social Security’s Double Enrollment

It’s been a busy few weeks for retirees, with Social Security announcing the 2026 cost-of-living adjustment (COLA) and monthly Medicare premiums being revealed for the coming year. The 2026 Social Security COLA will do something not seen since the late 20th century. The Part B premium is increasing rapidly, and is set to partially or … Read more