Last Build Date: Thu, 27 Apr 2017 04:25:22 GMTCopyright: Copyright 2017 The New York Times Company
Fri, 14 Apr 2017 22:27:13 GMTAfter several miscarriages, the Chamberses took their doctors up on an offer to hand over $50,000 — $20,000 more than what they might have paid for the in vitro fertilization and other services that they needed at the time.In the high-stakes casino of fertility treatment, some pay large sums upfront for the promise of a baby — or a refund. Doctors tend to pick patients with the best odds of success.
Mon, 17 Apr 2017 17:39:05 GMTWhat is stopping you from springing that big, life-changing project or side hustle on the world? Fear, not edits or fonts or lack of an agent.
Sat, 22 Apr 2017 23:25:18 GMTMariana Cooper, 87, was robbed of more than $217,000 by a woman she believed had befriended her.After Amy Lecoq’s grandmother had her life savings stolen by a woman who posed as a friend, she became an advocate for stricter protections for older Americans.
Fri, 14 Apr 2017 21:34:39 GMTDavid Callahan, the author of “The Givers: Money, Power and Philanthropy in a New Gilded Age,” a book about the private world of high-profile philanthropists who hold great influence in American life and politics.A new book by David Callahan, who tracks major charitable donations and their outcomes (good and bad), depicts the outsize power of the very rich.
Mon, 10 Apr 2017 01:44:11 GMTAshley Hardin at home in Seattle in February. Ms. Hardin still owes almost all of the $150,000 she borrowed to attend Brooks Institute of Photography. Now she works as a waitress and pays more to her lender each month than to her landlord.Lawsuits filed by Illinois and Washington against the Sallie Mae spinoff firm say high-risk loans were part of a growth strategy that has left former students buried in debt.
Mon, 10 Apr 2017 17:07:52 GMTA life without regrets is one where you probably haven’t learned anything from the struggle to decide between two things you care about deeply.
Fri, 07 Apr 2017 21:15:23 GMTJoanne Warren, center, and Mark Hover, right, listening to Yonder Mountain String Band on Thursday night at the Belly Up Tavern in Solana Beach, Calif. Now that he is retired, Mr. Hover, 65, says he attends more than 100 concerts a year.Rock ’n’ roll will never die, at least not as long as a generation that once said it mistrusted anyone over 30 keeps trekking to concerts.
Wed, 12 Apr 2017 17:58:41 GMTResearchers find that about 60 percent of complaints about medical debt collections fall into categories that suggest the consumers may not owe the money.
Fri, 07 Apr 2017 15:59:57 GMTPremiums under the government’s flood insurance program just rose, but most people don’t know that homeowner’s insurance policies don’t cover floods.
Wed, 05 Apr 2017 19:44:40 GMTRush hour traffic in Los Angeles. California was one of four states examined in a new report on insurance rates.An analysis finds disparity in auto insurance prices in four states that differences in risks could not explain.
Fri, 07 Apr 2017 21:19:43 GMTT-Mobile promised that two new lines would come at no charge. But month after month, each one cost $20 with tax. Then the Haggler stepped in.
Fri, 07 Apr 2017 21:09:58 GMTConsumers are more likely to be careless with products when they know an upgrade is available, research has found.
Thu, 06 Apr 2017 09:00:28 GMTKyle DeNuccio, right, on Lake Batur in Bali, a gap year stop.Taking a break from college to surf, wash dishes and, most important, break away from Mom and Dad.
Sat, 08 Apr 2017 14:29:21 GMT“We are striving to be advocates for the models,” Michael Tumminia said.The mild-mannered accountant Michael Tumminia said his clients “make a great living, but the way the money comes in the door makes your life more challenging.”
Sat, 01 Apr 2017 14:00:24 GMTMichelle Leonard, a Penn Treaty policyholder in Venus, Fla., said she was shocked to learn of the liquidation.It’s quite possible for a regulated insurer to take policyholders into the very realm of loss and uncertainty that insurance is specifically designed to avoid.
Fri, 31 Mar 2017 17:19:53 GMTStocks are expensive, and many people know it. That could mean trouble down the road.
Fri, 31 Mar 2017 13:52:11 GMTMichael Quattrone, a grandson of David Rockefeller, in Tarrytown, N.Y., at the Stone Barns Center for Food and Agriculture, which Mr. Rockefeller founded. Mr. Quattrone is chairman of the David Rockefeller Fund, one of the family’s philanthropic vehicles.The family of David Rockefeller has brought flexibility, responsibility and a sense of gratitude to their philanthropy.
Mon, 20 Mar 2017 14:16:22 GMTAvalon Manly, middle school teacherWe all face financial trade-offs. Needs over wants. Faith over financial facts. A dozen people from around the country share their stories.
Sun, 19 Mar 2017 12:21:35 GMTAlonzo Adams leads the choir during a service at New Jerusalem Missionary Baptist Church in Ferguson, Mo. He holds down two other jobs besides being a minister.People make money trade-offs: spend now or later, needs over wants. Some have been forced to see clearly how they spend, but everyone should take a cold look.
Wed, 29 Mar 2017 22:05:05 GMTWe all get that nagging feeling that the money we want to spend on someone and something we love should be saved instead. Here’s a counterargument.
Wed, 29 Mar 2017 19:59:15 GMTPeople who are 70½ are required to take initial withdrawals from their I.R.A.s. The deadline for doing so is April 1, which this year is a Saturday.
Tue, 21 Mar 2017 20:05:23 GMTFind one thing on your wish list, and do it today. The process is simple, and boring, but far from easy.
Fri, 31 Mar 2017 16:24:30 GMTThe Russian billionaire Dmitry Rybolovlev’s jet and yacht were in some places at times when President Trump or members of his family were in the same area, according to tracking data. Investigations of potential ties between the president and Russia have drawn attention to location-tracking sites.New technology and websites are making it easier to spot the whereabouts of people like the Russian billionaire Dmitry Rybolovlev.
Thu, 23 Mar 2017 21:05:23 GMTFrom left: Gabriel Guzman, Kayla Guzman, Mark Mason and Fabian GuzmanReaders of a recent article responded with stories of their financial trade-offs to make their priorities affordable.
Fri, 25 Mar 2016 13:09:02 GMTAt Gilman School, a private school in Baltimore, Sean Furlong used behavioral finance methods to raise retirement plan participation to an average contribution rate of 22 percent, including the company match.Changing how people think about the money they save is one of the central tenets of a movement that is based on behavioral finance.
Fri, 25 Mar 2016 15:11:20 GMTPsychologists weigh in on some of the biases and cognitive errors that help explain why we think we are better at active investing than we really are.
Fri, 25 Mar 2016 17:29:04 GMTIn a series of ads for American Family Insurance, pro athletes Kevin Durant, left, and J.J. Watt offer encouragement to different people.An industry takes aim at significant barriers to selling its complicated products that also remind potential customers of their own mortality.
Fri, 25 Mar 2016 15:11:56 GMTInterest in long-term care insurance has waned, even as the conversation about how to take care of an aging population grows.
Fri, 25 Mar 2016 17:21:28 GMTSmartphones can encourage us to tap and swipe quickly, which can lead us to neglect the long-term consequences of our behavior.
Fri, 25 Mar 2016 15:14:20 GMTRe-evaluating your investment portfolio too frequently can lead to lower returns in the long run.
Fri, 25 Mar 2016 11:13:20 GMTUsing plastic instead of dollars encourages consumers to pay more for everyday items than they might otherwise.
Fri, 25 Mar 2016 13:12:11 GMTIn a consumer culture designed to encourage spending, new tools aim to reverse that pattern.
Fri, 25 Mar 2016 11:13:36 GMTSunil Yapa turned away from an academic career to become a novelist. Experts say that those choosing a career can often be misled by their biases to follow a parent’s path or to look only at a field’s tangible rewards.
Fri, 24 Mar 2017 16:50:35 GMTJames Nero and Lindsay McKay with their dogs, Sansa and Wolfgang, in the Venice neighborhood of Los Angeles. The couple, who will marry in September, are asking that guests donate to a no-kill animal shelter.Rather than request sheets and china, some engaged couples are asking for contributions to their favorite cause.
Sat, 26 Mar 2016 16:07:49 GMTTaxi TV cannot disappear quickly enough. And HP tries to pitch an extended warranty to a customer who called to complain about a defective printer.
Sat, 25 Mar 2017 11:00:14 GMTThe Mexican peso has soared since Jan. 20, the day Donald Trump became president.
Fri, 24 Mar 2017 19:32:45 GMTMystery surrounds an online eyewear retailer whose customers report unnerving experiences over the phone.
Wed, 15 Mar 2017 21:09:41 GMTGraduation at Southern Maine Community College. For years, the annual chore of completing a financial aid form for college had been eased by a digital tool. But the I.R.S. took it down, citing privacy concerns.Financial aid forms for college just got a bit harder to complete, but it is worth the effort to get them done in a timely manner.
Fri, 17 Mar 2017 16:44:04 GMTRafat and Zoreen Ansari at home in Granger, Ind.A family of prosperous immigrants from Pakistan is giving $15 million to set up an institute for the study of religions.
Fri, 17 Mar 2017 16:40:18 GMTKaren Dennis, left, 60, and Barbara Goldberg, 10 years her junior and her former boss at O’Connell & Goldberg, a public relations firm in Hollywood, Fla.Older workers — and their younger supervisors — say the dynamics are tricky but can work with effort on both sides.
Fri, 17 Mar 2017 15:51:57 GMTAn H&R Block storefront in the Bronx. For many families, the tax refund is seen as the major windfall of the year. These days, more people are aiming to save at least some of it.The I.R.S. makes it easy to use your refund to buy savings bonds or to divide your refund among various bank accounts.
Fri, 10 Mar 2017 09:00:28 GMTThe Republican health care bill sets income parameters that may — or may not — look like a useful benchmark, depending on your perspective.
Fri, 10 Mar 2017 16:00:19 GMTElias Colombotos decided to complete his estate planning after both of his parents died eight weeks apart in 2012. His prized Yamaha guitar will be left to his sister.It’s easy to procrastinate on drawing up the document, but it isn’t all that difficult to take charge of the chore.
Wed, 01 Mar 2017 10:00:01 GMTFind a hotel that is environmentally friendly, try to bike or walk, eat local — and don’t buy plastic water bottles.
Fri, 10 Mar 2017 15:00:17 GMTCristina Verger alerted a manager to problems during her stay in a luxury hotel in Milan, and they were addressed. “I’d go back and stay in that hotel,” she said.Bad service? A noisy room? If you’re paying top dollar, it’s wise to contact a manager as soon as possible.
Fri, 10 Mar 2017 17:27:28 GMTThe worse the news for immigrants and their lawyers, the better it has been for the two publicly traded companies that operate for-profit prisons.
Fri, 10 Mar 2017 12:52:36 GMTAbout a quarter of adults ages 18 to 64 reported having past-due medical debt in 2015.About a quarter of adults under 65 have medical debt, but there are often ways to reduce it or pay it off over time.
Tue, 28 Feb 2017 09:00:18 GMTCorey Polyoka and Hannah Ragan of Foodshed have over 265 employees, about 85 percent of them millennials or younger.Maryland will offer a savings account for those not covered by a typical pension or 401(k) at a small business.
Fri, 03 Mar 2017 09:00:48 GMTLucille Biondi and Grant ViolaA group of journalism students asked a group of retirees about their work life, how they should plan for later life, and what it all looks like in hindsight.
Fri, 03 Mar 2017 09:00:24 GMTMatthew Lesser, a Connecticut state representative, sponsored a bill that would require more disclosures on conflicts of interest by those who sell 403(b)-type retirement plans.In Greenwich, Conn., a town brimming with hedge fund managers, teachers have to study up on finance to try to find better investment options for retirement.
Sun, 12 Mar 2017 01:02:18 GMTBrian Szott, art curator at the Minnesota Historical Society, in the vault with some recent additions to the collection that were provided by baby boomers.The need or urge to offload art collected since the 1970s is both a bonanza and a challenge for institutions like the Minnesota Historical Society.
Sat, 04 Mar 2017 09:00:24 GMTDorothy W. Cantor, a psychotherapist from Westfield, N.J., says that the experiences of people in her family who had problems related to their own retirements taught her a great deal.Retirement can lead to boredom and depression, a therapist advises. Ask how you want to spend your time, she says, and remember your childhood dreams.
Sat, 04 Mar 2017 13:00:27 GMTWith the Dow having an exciting bull run, investors are in a quandary: Do I stay or do I go?
Wed, 01 Mar 2017 18:53:37 GMTCanadian banks say they are not seeing a flood of customers from the south, but the option is available for United States citizens who are nervous.
Thu, 02 Mar 2017 09:00:26 GMTBonnie Leonard, 79, retired as dean of continuing education at Wellesley College when she was 65. She now runs her own coaching business, focusing on middle-aged women who are looking to make career and life transitions. She continues to push back her plans to retire.Around 19 percent of Americans 65 and older are still working, a number only expected to go up. Experience and education have a lot to do with it.
Wed, 01 Mar 2017 13:00:24 GMTAlana Beard (middle) on the court for the Los Angeles Sparks in 2012. Ms. Beard said the coming season will be her last in the W.N.B.A.Female athletes, who make less and have fewer sports-related options after their playing days, tend to be more prepared for their second careers.
Tue, 28 Feb 2017 13:00:27 GMTLaura Callens, 52, at home in Rochester. After her husband died, she left a job as a school admissions director and chose to become a nurse. She will soon work in the same hospital unit that treated her husband.Job-seekers of a certain age may be daunted by the idea of reinventing themselves. But The Times spoke to a few professionals who did just that, by repurposing their skills and becoming tech-savvy.
Fri, 03 Mar 2017 13:00:17 GMTCindy Hounsell, the founder and president of the Women’s Institute for a Secure Retirement. Women often put their own retirement needs last, she says.Less income and time off for families can mean less savings and a greater chance of poverty after age 65.
Wed, 01 Mar 2017 09:00:21 GMTMark and Ellen Francois on their farm in Dundee, Iowa. Mr. Francois, 64, said he was not looking forward to retirement. “I can only play so much golf,” he said.A survey of farmers in Iowa indicates that many do not have a formal retirement plan. The land, they say, is their 401(k).
Thu, 02 Mar 2017 13:00:14 GMTTalking to offspring about saving early in life without boring or panicking them can be tricky.Many parents never discuss retirement savings with their children, but creating a strategy early can yield a big payoff later in their lives.
Fri, 03 Mar 2017 14:12:20 GMTDennis T. Jaffe said his research with James Grubman suggested that President Trump was rooted in the “honor” family business culture, which places a primacy on family loyalties.Two psychologists have identified distinguishing cultures — revolving around honor, individualism and obligation — that they say shed light on potential frictions.
Fri, 24 Feb 2017 10:00:16 GMTMajor proposals to replace the Affordable Care Act promote health savings accounts, which do offer tax savings but are complex and favor the wealthy.
Wed, 22 Feb 2017 16:35:12 GMTThere’s a simple tax-free way to amass money for health expenses, but many eligible people don’t take advantage of it.
Sat, 25 Feb 2017 11:00:24 GMTShoppers in Beijing. China is the country most millionaires move away from.There is one category of migrants that countries embrace: the very rich. And more of them are moving than ever. Their top destination? Australia.
Mon, 27 Feb 2017 09:00:15 GMTHow to get your financial situation in shape, whether you are closing in on retirement or just starting out.
Mon, 27 Feb 2017 09:00:14 GMTKim Moske, shown outside her home in Delaware, Ohio, is 56 and expects to retire in six years. She started to save and invest in her late 20s.Traditional pensions have grown scarcer, life expectancies are generally greater and, for workers of all ages, planning is more important than ever.
Sat, 25 Feb 2017 09:00:23 GMTShannon Coulter, a founder of Grab Your Wallet, a campaign urging a boycott of retailers who carry Trump-family products, in a rented work space in San Francisco.Putting together a list of companies selling Trump products has transformed Shannon Coulter’s life, and not always for the better.
Sun, 19 Feb 2017 04:01:19 GMTJulien Mellon is a tour guide who was raised in Flatbush, Brooklyn. His dream amount of money is $20 million. He would buy a “beautiful” home but have enough left to spend $100,000 a year.A sampling indicates people’s calculations typically range into seven (or even eight) figures. But one woman says $36,000 a year would be just fine.
Sun, 19 Feb 2017 04:01:15 GMTFrances Stroh has written a book about how her family lost its company, the Stroh brewery, and its fortune through a series of bad deals and personal missteps.A business can implode, the economy can go south, the markets can buckle. But one of the most reliable ways to demolish a fortune? You’re related to them.
Sun, 19 Feb 2017 04:01:18 GMTThere are 2,473 billionaires in the world by a new count, and how they got their money and what they plan to do with it are matters of global importance.
Sun, 19 Feb 2017 04:01:16 GMTNapoleon Hill, author of “Think and Grow Rich,” which was published in 1937 and became a self-help guide for everyday Americans seeking great wealth.More than half of the ultra-wealthy are self-made billionaires. The chance of joining their ranks remains incredibly slim.
Sat, 04 Mar 2017 22:52:21 GMTA look at 10 billionaires’ money reveals one thing the superrich have in common: a large amount of cash and liquid securities.
Sun, 19 Feb 2017 04:01:13 GMTThe psychologist Brad Klontz.What motivates a billionaire to keep working? What makes them different? What are their fears and worries? The psychologist Brad Klontz has some answers.
Sun, 19 Feb 2017 04:01:14 GMTClockwise from top left: William A. Ackman of Pershing Square Capital Management; David Einhorn of Greenlight Capital; Marc Lasry of Avenue Capital Group and owner of the Milwaukee Bucks; and Nelson Peltz, of Trian Fund Management.When several hedge fund managers fell off the list of the nation’s 400 richest people last year, some wealth watchers took it as a sign of a changing financial landscape.
Sun, 19 Feb 2017 04:01:15 GMTJohn D. Rockefeller, who turned his colossal wealth toward a legacy of enduring philanthropy, on his 84th birthday in 1923.The very rich may have too much of it, but if you stripped them of all their wealth, you would, in many cases, do more harm than good.
Mon, 20 Feb 2017 18:47:19 GMTThe T.S.A. PreCheck line at La Guardia Airport. An alternative, Clear, which also allows passengers expedited security, recently opened at La Guardia.Several fast check-in programs accommodate various domestic and international travelers, and even baseball fans.
Fri, 10 Feb 2017 09:00:33 GMTNatalie Dunston of Denver, whose husband, Lynn, once exchanged credits he earned selling annuities for a diamond ring worth about $3,500, which he gave to her. “The fiduciary rule ultimately comes down to the fact that some people are making a lot of money at the expense of other people who have no idea how much their adviser is getting paid,” Mr. Dunston said.Are financial advisers trying to part you from your money in ways you don’t understand? Ask them this set of questions.
Fri, 10 Feb 2017 09:00:34 GMTGary Ribe, left, chief investment officer, and Mark Cortazzo, senior partner, in the Parsippany, N.J., office of the Macro Consulting Group, a wealth management firm. Both advise investors to keep a close eye on fees.A tale of two abysmally performing mutual funds, one of which investors fled on advice of their adviser, and the other less so.
Fri, 10 Feb 2017 16:01:18 GMTPresident Trump signed an executive order on Feb. 3 directing the Treasury secretary to review the Dodd-Frank financial reform act of 2010.Republicans have taken aim at the Consumer Financial Protection Bureau, a lone safeguard for Main Street against financial predation.
Fri, 10 Feb 2017 19:58:55 GMTPolitical turmoil may have you rattled. You can invest in the stock market anyway, but unless you’re a professional trader, take a very long view.
Sat, 11 Feb 2017 09:00:23 GMTFor someone arrested on a D.U.I. charge nearly 30 years ago, why does it have to be so high in the Google search results?
Wed, 08 Feb 2017 19:48:30 GMTA recent survey found that just 36 percent of adults with minor children had a will. An important function of a will is for parents to name a guardian to care for their children, in the event of their death.Many Americans don’t have wills, but should. You can do it yourself online, but consulting a lawyer is often a safer bet.
Fri, 03 Feb 2017 18:49:50 GMTBruce Makowsky at the house he built in the Bel Air neighborhood of Los Angeles and put on the market for $250 million.Near Los Angeles, the most expensive house in the nation is on the market for $250 million, but one is rising nearby that may cost half a billion.
Fri, 03 Feb 2017 17:31:50 GMTTo get that summer position, here’s what students need to know how to do.
Fri, 03 Feb 2017 16:05:41 GMTThe Internal Revenue Service and commercial vendors provide free tax software, but the offerings often carry income restrictions, and features vary.
Fri, 03 Feb 2017 13:56:44 GMTRoyce Pinkwater, a real estate broker in Manhattan, said that trying to find companies that align with her passion, reducing pollution, but are also profitable had led to tough choices.A rare subset of investors flouts conventional wisdom to put money into companies that embody their passion for the environment and other causes.
Wed, 25 Jan 2017 22:30:00 GMTRates for basic liability automobile coverage were analyzed in more than 9,000 ZIP codes with high proportions of “underserved” consumers.
Fri, 27 Jan 2017 14:12:41 GMTThough the Affordable Care Act faces an uncertain future, advocates say consumers should still sign up for coverage if they need it.
Fri, 20 Jan 2017 09:00:20 GMTRohit Chopra, former student loan ombudsman for the Consumer Financial Protection Bureau, which has filed suit against the nation’s largest student loan servicer.The Consumer Financial Protection Bureau accused Navient, the nation’s largest student loan servicer, of much wrongdoing. Here’s how to steer clear of problems.
Wed, 18 Jan 2017 21:34:11 GMTThe Federal Reserve increased short-term interest rates, but that hasn’t yet translated into significant increases in deposit rates paid out by banks.
Fri, 20 Jan 2017 14:22:23 GMTIf you overspent on holiday gifts, credit experts advise that you pay down your card balance as quickly as possible.
Fri, 13 Jan 2017 16:01:51 GMTReclaim Detroit workers salvaging wood and other materials from a soon-to-be-demolished church for refashioning into new products. The organization faced a problem when it lost its warehouse to a fire.Nonprofits rarely lay out the risks of their projects, lest they spook funders. And donors don’t dig deeply enough for that information. But help is on the way.
Fri, 13 Jan 2017 16:04:03 GMTErika Lupo, whose husband, John, died of cancer last year at age 57, was better prepared than many widows. He did everything he could to prepare his estate and make sure his wife knew where his assets were.Preparing for the death of a spouse or partner and its ramifications may be an unhappy task, but doing so can ease some avoidable financial sorrows.
Fri, 13 Jan 2017 16:03:09 GMTThe Consumer Financial Protection Bureau says it gets more complaints about debt collectors than anything else.
Fri, 06 Jan 2017 10:00:16 GMTEven if you thought you’d had enough of card-hopping, you might consider grabbing one of those eye-popping sign-up bonuses.
Fri, 06 Jan 2017 09:00:52 GMTGinger Hamilton, 28, of Atlanta, with her husband, Cory. They decided to live on a single income and put the rest into savings.A snapshot of five millennials shows that some of them are very serious about saving for retirement, busting the myth that their age group is free-spending.
Fri, 06 Jan 2017 18:49:14 GMTNancy Pfund, a founder and managing partner of DBL Partners in San Francisco. “No longer is there a trade-off between what you believe in and what you can make money off of,” she said.With clean energy creating jobs in every state, the sector has become as much about getting returns on investments as it is about helping the environment.
Fri, 06 Jan 2017 14:24:00 GMTThe Consumer Financial Protection Bureau said two credit bureaus had deceived customers into buying scores of questionable value. Experts say consumers have multiple scores, not just one.
Thu, 05 Jan 2017 15:41:44 GMTA dump truck unloading ore into a crusher at Freeport McMoRan’s Grasberg copper and gold mining complex in Indonesia in 2015. The copper producer was a contrarian bet in 2016, but finished the year with its stock price more than doubled.Investors who made the correct — and often bold — calls of last year see opportunities in the uncharted waters of the year ahead.
Wed, 04 Jan 2017 13:48:01 GMTThis acknowledgment is also an invitation for readers to share the experiences that produced their hardest-won wisdom.