moneywise4d
We're a retired couple from Dallas — can we afford to live a similar lifestyle abroad on Social Security alone?
Retirement is a time for Americans to live the life they’ve dreamed of — or at least what's affordable — and that can sometimes mean leaving the U.S. behind. Imagine trading city views and high prices ...
moneywise5d
US credit card debt just hit a new record of $1.17 trillion — how can Americans dig their way out of this hole?
It’s no surprise that Americans often rely heavily on credit cards to make ends meet. And with a recent period of rampant inflation, it’s equally unsurprising that credit card balances are on the rise ...
moneywise5d
The cost of long-term care in America has grown — here's how you can prepare
Nursing homes aren’t popular in America. In fact, 70% of respondents to a West Health and Gallup poll in 2023 said they’d be uncomfortable ever being admitted to one and 61% reported they’d be ...
moneywise5d
You can boost your retirement income with this special type of mortgage — but is it worth the risk?
Reverse mortgages remain the pariahs of the U.S. loan world. A 2022 study published in Oxford Academic revealed there were just 33,000 reverse mortgages originated during the same year when 609,000 ...
moneywise5d
What’s the tax torpedo all about?
The tax torpedo hits when your combined income reaches a certain threshold. It triggers additional taxation on your Social Security benefits. For single filers with combined income above $34,000 or ...