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Philly.com Personal Finance



Personal finance news and tips from Philly.com.



Published: Mon, 20 Nov 2017 17:12:55 GMT2017-11-20T17:12:55Z

 



Liz Weston: When good money advice is bad for you

Mon, 20 Nov 2017 17:12:55 GMT2017-11-20T17:12:55Z

Discussing economic class is tricky in America, but the working and middle classes face vastly different financial challenges than upper-income families, and the gaps are growing wider. Good money advice for high earners could be lousy for low earners, and vice versa.



Wharton finds Senate, House tax bills offer GDP pop in 2018, fizzle thereafter

Mon, 20 Nov 2017 14:20:22 GMT2017-11-20T14:20:22Z

In 2018, under the House version of the Tax Cuts and Jobs Act, Wharton found GDP would grow 0.50 percent higher than with no tax changes. By 2027, Wharton's model estimates that growth would fizzle out.



Vanguard's sleepy proxy vote OKs trustees; human-rights divestment proposal fails

Thu, 16 Nov 2017 01:02:54 GMT2017-11-16T01:02:54Z

The vote to elect trustees had been widely expected to pass. Less clear had been the PetroChina/Sinopec divestment vote, put forth by a shareholder group asking Vanguard to divest from the two Chinese energy companies, which do business in Sudan.



Is your retirement plan moving in with Mom or Dad?

Wed, 15 Nov 2017 13:15:08 GMT2017-11-15T13:15:08Z

The very old are the fastest-growing segment of the population in developed nations, with an estimated 51 percent of elders age 80-plus between 2010 and 2030. Typically, advanced-aged children like Darlene Chapman, a retired Philadelphia police officer, serve as primary caregiver.



Octogenarian Ed Eisen covered presidents, popes and now tells his tales for a living

Tue, 14 Nov 2017 15:56:10 GMT2017-11-14T15:56:10Z

A longtime journalist and PR man, Ed Eisen, 81, hires himself out to tell stories, prompt audiences to debate, and generally have fun. One of his popular programs is: "I'm an Octogenarian: What Do I Do Now?"



Valerie Bertinelli, once a teen TV sweetheart, cooking up something new at 57

Mon, 13 Nov 2017 23:41:37 GMT2017-11-13T23:41:37Z

The former "One Day at a Time" child star has a show on the Food Network and a new cookbook, both called "Valerie's Home Cooking."



Paralyzed by retirement saving? Playing catch-up can be easier than you think

Mon, 13 Nov 2017 23:38:20 GMT2017-11-13T23:38:20Z

Tips on catching up: Put that big vacation on the back burner. Sell the house. And keep working longer.



Dear professor: TIAA, your annuity provider, was subpoenaed by N.Y. AG

Mon, 13 Nov 2017 12:04:37 GMT2017-11-13T12:04:37Z

A sit-down with TIAA chief executive Roger Ferguson in Philly, home to many TIAA clients - including the University of Pennsylvania, Temple, Drexel, St. Joe's, and scores of universities, colleges, higher education, and secondary schools in the region. TIAA is facing controversy over its sales practices.



Are rising debt loads and declining protections too much for consumers? | Editorial

Mon, 06 Nov 2017 15:47:55 GMT2017-11-06T15:47:55Z

As protections are cut out, consumers are about to be hit with higher expenses.



Free credit-monitoring services, for those affected by Equifax hack

Mon, 06 Nov 2017 15:20:02 GMT2017-11-06T15:20:02Z

CreditKarma, a financial-technology company in which Bala Cynwyd private-equity shop Susquehanna Growth Equity LLC was an early investor, is among those offering free monitoring.