Last Build Date: Sun, 26 Mar 2017 04:25:51 GMTCopyright: Copyright 2017 The New York Times Company
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.
Fri, 17 Mar 2017 09:00:27 GMTThe removal of an online tool for importing tax data into a financial aid form has highlighted the enormous need for reforming the way we pay for college.
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.
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, 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.
Mon, 13 Mar 2017 15:19:27 GMTThe shock of nearly losing a loved one can bring things into focus. What’s on your wish list? What might you regret if you don’t do it soon?
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.
Fri, 10 Mar 2017 19:00:26 GMTThe owner of Special Operations Equipment delights in taunting his dissatisfied customers. And he says his sales increase when he does.
Wed, 08 Mar 2017 19:38:55 GMTA display of coffin options at the Greenwich Village Funeral Home in Manhattan last year.Consumer watchdogs say that the biggest chain in the business, Service Corporation International, usually charges more than its rivals, but prices aren’t posted.
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.
Mon, 06 Mar 2017 09:00:27 GMTPolice officers outside Trump Tower last week. An apartment inside had been listed for rental through Airbnb.An apartment listed on the rental website until last week offered a prime location, luxurious appointments and a lot of security. It was inside Trump Tower.
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 11:00:26 GMTGolf carts are ubiquitous in retirement communities. But the slow-moving vehicles are also largely unregulated.
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.
Sat, 04 Mar 2017 22:56:44 GMTMario Salcedo on the top deck of Freedom of the Seas in Fort Lauderdale, Fla.It’s not for everyone, but a 67-year-old has sailed almost nonstop for 20 years, on 950 cruises. Bonus: Now he only pays half the single supplement.
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.
Fri, 24 Feb 2017 17:21:56 GMTA consignment seller does not budge even after 89 complaints against him are filed with the New Hampshire attorney general’s office.
Fri, 24 Feb 2017 14:07:15 GMTChristy Scott Cashman, an actress and producer, with some of her jewelry at her home in Boston. Mrs. Cashman, who has borrowed jewelry to wear at events, said that when she travels with her own jewelry, she takes pains to protect it.Jewelry policies can be costly, but the alternative can be worse.
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 04:01:14 GMTBrad Klontz is a psychologist and certified financial planner who works with the uber-wealthy.A psychologist says the ultrarich suffer from the same existential angst the rest of us do. The main difference: Few people want to hear about it.
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.
Sun, 19 Feb 2017 04:01:14 GMTRising Sun is a yacht once owned by the billionaire Larry Ellison, a founder of Oracle and its executive chairman.The popular imagination may associate billionaires with superyachts and private islands, but just as many live modestly, complicating the idea of the billionaire lifestyle.
Sun, 19 Feb 2017 04:01:20 GMTMark Cuban, the Dallas Mavericks owner, arguing a call during a game against the Cleveland Cavaliers in January.The outspoken owner of the Dallas Mavericks followed an out-there path toward wealth — and then took moves to protect it.
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 17:51:47 GMTPresident Trump with Stephen Schwarzman, chief executive of the Blackstone Group, at the White House. Mr. Trump on Friday signed an executive order seeking to review a rule that would have forced financial professionals to act in customers’ best interest when giving advice about their retirement accounts.What should consumers do now that President Trump is trying to kill a rule that would have forced investment professionals to act in customers’ best interests?
Fri, 03 Feb 2017 20:46:09 GMTPresident Obama signed the Dodd-Frank financial reform law on July 21, 2010.The actions constituted a broad effort to loosen rules enacted after the financial crisis that restrict the way Wall Street can operate.
Fri, 03 Feb 2017 17:00:59 GMTThe New York Stock Exchange last month. The Dow Jones industrial average dropped 1 percent immediately after the president’s executive order on immigration.Bombshell executive orders from the president have dampened investors’ hopes of quick economic growth, at least for now.
Fri, 03 Feb 2017 09:00:37 GMTA coalition of labor, community and immigrant-rights groups protested this week outside Uber’s New York City corporate headquarters in Queens.Still, no matter which side you favored in the latest executive-order controversy, wasn’t it good to see companies back on their heels a bit?
Fri, 03 Feb 2017 16:31:15 GMTSenator Bernie SandersHis movement seems to be gaining momentum.
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, 01 Feb 2017 18:37:22 GMTFebruary is the most affordable month to buy a house, real estate experts say.
Fri, 27 Jan 2017 15:22:52 GMTEarl Stewart, a Toyota dealer, at one of his lots in West Palm Beach, Fla. He refuses to sell used cars with open recalls, but he does not turn away buyers trading in cars whose airbags have not yet been fixed, like the ones at this lot.Dealers are scrambling every which way amid a recall of over 60 million Takata airbags, and consumers need to ask some very pointed questions.
Fri, 27 Jan 2017 19:29:18 GMTLois Owen plays the piano for a group singalong at the Forest at Duke in Durham, N.C.Older people who played instruments as a child — or never — are taking up piano, flute and chamber music as a new passion.
Fri, 27 Jan 2017 19:22:59 GMTA videographer is resolutely silent in response to a complaint that he never sent a wedding tape.
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.
Fri, 20 Jan 2017 19:55:57 GMTHerbert Yarbrough and Maxine Duncan with their robot in their retirement community in Walnut Creek, Calif.Cutting-edge innovations are set to upend some of the constants of growing old.
Fri, 20 Jan 2017 15:26:12 GMTRay Kroc and his wife, Joan, at a San Diego Padres game in 1980. Mr. Kroc owned the team at the time.What do you do with all that money when you can never spend it all? After Ray Kroc amassed a vast fortune, his third wife, Joan, gave most of it to philanthropic causes.
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 09:32:38 GMTScandals aside, most of Wells Fargo’s products have been mediocre at best — but the bank could mend fences by being more generous, fair and clear.
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.
Mon, 09 Jan 2017 15:19:46 GMTYou don’t get to take credit for good luck. But it doesn’t have to take away from all the hard work you’ve done, either.
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.
Fri, 30 Dec 2016 16:34:54 GMTAirlines will have to provide prompt, automated refunds of baggage fees if they don’t deliver luggage on time, new legislation says.Glimmers of hope emerged on some consumer irritants of the year, including airline and rental-car fees, and college tuition transparency.
Wed, 04 Jan 2017 03:03:58 GMTThe sign-up bonus, 100,000 points, will be cut for online applicants after Jan. 12, and for those applying at JPMorgan Chase branches after March 12.
Wed, 04 Jan 2017 10:00:05 GMTThe temptation for financial experts to offer stock tips is almost irresistible, but history shows why taking them is a bad idea.
Wed, 04 Jan 2017 16:55:37 GMTA new law will affect lower-income people who claim one of two refundable tax credits, and who may be caught off guard by their refunds’ delay.
Fri, 30 Dec 2016 12:30:03 GMTMs. Peevey was 10 when her recording of “I Want a Hippopotamus for Christmas” became a hit.A Postal Service ad has revived interest in a 1953 Christmas novelty hit by the former child star Gayla Peevey. (She did get the hippopotamus.)
Fri, 30 Dec 2016 12:36:00 GMTDonald J. Trump, then a presidential candidate, as seen from the floor of the New York Stock Exchange in March.Forecasts about how the market will perform are seldom useful, but there are some bedrock principles that can help investors plan.
Fri, 23 Dec 2016 14:29:28 GMTKelly High School in Brighton Park, in southwest Chicago. The United Way branch in the city has focused on increasing graduation rates in the neighborhood.An increasing number of donors are asking whether they need a charitable middleman when causes and data galore are at their fingertips.
Sun, 15 Jan 2017 01:33:27 GMTMartine Rothblatt, who founded Sirius Satellite Radio and a pharmaceuticals company, supports programs that introduce girls to technology and engineering, fields that include some of the country’s top earners.A study shows that women are making inroads among the wealthy, but that their ranks at the very top of the earnings ladder are still remarkably thin.
Tue, 14 Mar 2017 19:24:06 GMTJohn Sanderson, left, with his grandchildren Luke and Clinton and his son Bill during a visit to their family cemetery in Cartersville, Va.They give people a powerful reason to connect with their family history. The I.R.S. provides its own: Nonprofit cemetery rules require a detailed accounting of descendants.
Fri, 23 Dec 2016 19:21:42 GMTAl Villeta was 52 when he retired last year from his job as a UPS driver and porter. He was a little lonely but made friends with men 30 years his senior and got a dog.Early retirement and a life of leisure may sound like the stuff of daydreams, but the reality can be jarring for people used to being busy and important.