Finances and money obligations change throughout life. A 30-year-old has different goals and money concerns than a 70-year-old. With this in mind, the next several columns of The Money Shot will focus on each decade of life providing finance tips for that phase. This week, we focus on our 20s. What a fun time with…
There are many situations where you need to figure out where to invest your money. Maybe you left a company to take a new job. Or maybe you are retiring. Do you leave your money at the old company? If not, where should it go? Or let’s say you want to fire your current brokerage…
Two-thirds of LGBT seniors live alone. Fifty percent of nursing care employees say their co-workers would be uncomfortable assisting LGBT residents. These are just two of the problems facing LGBT seniors that the movie Gen Silent hopes to bring more public awareness to. There was recently a screening of Gen Silent hosted by the Greater…
It’s doubtful you are as nerdy as me and watch PBS Frontline. However, I encourage everyone to watch the program titled The Retirement Gamble that aired April 23 (it’s easy to find online). This show is one of the best I’ve seen that exposes many of the hidden shenanigans the financial industry pulls over middle-class…
The LGBT community is extremely thoughtful and generous in donating to charitable organizations. We give our money and time to issues that personally matter to us. It’s easy to understand which organizations are helping HIV+ people, counseling LGBT youth or fighting for marriage equality. You know that your efforts are going toward important personal beliefs….
Pretty much everyone is using at least one of the social network sites like Facebook, LinkedIn, Twitter, Pinterest or Instagram. We connect with friends, family and colleagues using these sites. Some connections we haven’t even met in person. What if these connections were used to determine our credit scores? It’s not happening on a large…
Health Savings Accounts, or HSAs, are available to people that have a high-deductible health insurance plan. The HSA is used for medical expenses such as your deductible, co-payments, medications, prescription glasses and dental care. The cash deposited into an HSA is pre-tax money. And money withdrawn from the HSA is also tax-free if used for…
Remember September 2007? That’s when the stock market was at an all-time high. Within 18-months it dropped by almost 50 percent. Just last week, after four long years, the market finally made it back to that September 2007 high point. It has been a tough time for everyone in the world, but we learned some…
Many years ago, the federal government did something amazing – they created the Roth IRA. The reason it’s so amazing is because you never pay tax on money after it’s deposited into a Roth IRA. Many people already know how great Roth IRAs are for retirement savings. However, there are important things most people don’t know about…
The Money Shot BY STEVE DOSTER There’s a little known insurance policy that is inexpensive and great to have. It’s called an umbrella policy and it also goes by the more technical name of “excess liability policy.” It protects your savings and assets if you are ever sued. Auto and homeowners insurance have liability coverage…
