‘Grandma shacking up? What example would I set for my grandchildren?’ I want to get married. My fiancé’s adult daughter is against it — she has a list of financial demands.

What advice would you give to a widow and widower considering marriage on how to manage finances — and deal with adult children? We are both 60 years old and plan to work a few more years, mostly for health insurance. We both have about $1.5 million in retirement savings accounts. Our spouses’ 401(k)s and … Read more

In a divorce, who gets to keep the financial adviser?

Financial advisers help couples plan for life events over decades of marriage, but many couples divorce long before then. That’s when things get dicey. If a couple divorces, what happens to the adviser-client relationship? There’s no set answer. Some advisers sever all ties. Others might work with just one of the spouses or attempt to … Read more

You want to help your adult kids in tough times, but that can give you financial woes of your own

Kimberly King, a single mom to three adult children, enjoyed a rewarding career as a kindergarten teacher for over a decade. Then, her 23-year-old son was diagnosed with schizophrenia and hospitalized for a year before later having to move into her home in Stratford, Connecticut. Unfortunately, because King’s son had only held a series of … Read more

Three perks businesses can offer to attract—and keep—good workers

This article is reprinted by permission from NerdWallet.  While big corporations make headlines for shedding large chunks of their workforce, many smaller businesses are still struggling to staff up. In fact, nearly a quarter (23%) of small-business owners listed finding and retaining talent among the top challenges facing their business, according to an October 2022 NerdWallet … Read more

It’s tax-filing season. How will Biden’s pick to lead the IRS improve the agency?

As Americans prepare to file their income-tax returns, the Internal Revenue Service is preparing for a new leader. Danny Werfel, who served a stint as acting head of the IRS some 10 years ago before turning to the private sector, has been nominated by the Biden administration as IRS commissioner. If he gets the job, … Read more

This restaurant chain offers the worst bang for your buck, customers say — and it’s not even the most expensive

When it comes to dining out, customers say Shake Shack SHAK, +2.64% has gotten far too pricey for what it’s dishing out. And that’s despite the fact that it’s even not the most expensive of the fast-casual and fast-food restaurant chains. That’s the big takeaway from a new study by Stifel SF, -0.60%, the wealth-management … Read more

Five steps to guide you through the retirement-decision-making process with your partner

Discussing retirement can be difficult for many couples. There are so many decisions to be made: When’s the right time to retire? Have you saved enough (and what does “enough” mean)? How best to spend your time? Should you relocate, and if so, where? “Retirement is a major transition that impacts every aspect of life,” … Read more

Many retirees can’t wait until 70 to collect Social Security benefits, but they could if they used this strategy

This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Delaying the start of Social Security benefits is a powerful way … Read more

I’ll inherit $40,000 from my grandmother. Should my husband and I boost our kids’ college savings accounts, or pay off credit cards and student loans?

After a terrible battle with dementia, my grandmother died a few weeks ago. She did not leave much, but I will — along with my siblings — receive about $40,000 in life insurance. I am trying to figure out how to best handle it.  I have some credit-card debt that was incurred during a period … Read more

Top inflation gauge followed by Fed chief Powell looks rosier in thorny CPI report

Looking for a rose in a thorny January report on U.S. consumer prices? Investors can find one in so-called “supercore inflation”. It barely rose last month. See: CPI shows inflation still sticky and slowing grudgingly Supercore inflation refers to the rate of inflation in the services sector after stripping out energy and housing costs. It’s … Read more