Fight Financial Clutter (or Do as I Say , Not as I Do)

As a financial adviser, I’ve seen a lot of clutter in people’s financial lives. I know people who have dozens of financial accounts. Problem is, the more accounts one has, the harder — and more time-consuming and stressful — it is to keep track of everything. I know one person, for instance, who has about a dozen different bank accounts, three brokerage accounts, and many stocks and mutual funds in these accounts. Though I typically don’t name people in my …

Let the (Home) Buyer Beware

Looking to buy or sell a home in the coming weeks (a period that’s expected to be the busiest real estate season in eight years)? If so, beware of a new impersonation scam that targets real estate agents and others involved in house closings — specifically, their clients. It starts with an email to real estate agents (supposedly sent by an interested buyer) that includes an attached link. When the recipient opens the link, malware secretly infects the individual’s computer, …

Mom’s Best Beauty Tips

One of my most vivid childhood memories is sneaking into my mother’s room to behold the wonders of her makeup kit: the glamorous gold Helena Rubinstein mascara wand the Max Factor pancake makeup she applied with a few drops of water and a sponge the red Maybelline combo eyebrow/eyeliner pencils in light brown, which she used down to the nubs and, of course, Pond’s Cold Cream to take it all off at the end of a long day   Quite …

And So It Begins — My 11 to 1 Blog

Most nightmares are not a ratio, but mine was last night. The ratio 11 to 1 kept floating across my frontal lobe. Eleven to one. Eleven to one in all different sizes and typefaces — actually hovering in my mind, mocking me. Eleven to one is the ratio I read earlier that night on an online dating website: If you’re in your 50s (the new 40s!), there are 11 single women to every single man. Yikes, say it isn’t so. …

10 Financial Tips for the Kids

We all want our children to be successful and happy. And though being financially fit won’t make anyone happy in and of itself, it can at least take away money stresses and allow the kids to pursue happiness. Just in time for Financial Literacy Month, three journalists from the Wall Street Journal offer 10 great tips in the video below. Get the latest tips on protecting your money and saving for retirement — AARP Money newsletter » Here are the 10 …

President Proposes Rule to Protect Worker Savings

President Barack Obama called on the Department of Labor today to draw up a rule to protect people who save in IRAs, 401(k)s and other workplace retirement plans from hidden fees and expenses that may drain billions from their accounts. The president wants brokers and other professionals to be required to act in an investor’s best interest — instead of their own — when dispensing advice on retirement accounts. “Right now there are no uniform rules of the road that require retirement advisers to …