Have credit card bills? Personal loans? Other forms of debt? Don't worry, you're in good company. Personal finance expert Lynette Khalfani-Cox says paying down debt is especially important when you're 50 or above and starting to plan for retirement - and more so if you're retired and living on a…
What home appliance costs the most to run, and when should it be replaced with a newer model? We'll get to this trick question in a minute. If saving money on your monthly bills interests you, along with helping the environment, check out 18 Ways to Save on Utilities.
Who doesn't want to save money in this tough economy? A new article in the AARP Bulletin on 99 Ways to Save has tips to help you do just that, on everything from car expenses to caring for your health and your home.
What do these two things have in common? They're both subject to erosion - of the natural and man-made varieties. Obviously you have more control over your 401(k) than what your favorite beach destination will look like years down the road.
You've been saving for that new flat screen TV. Wise consumer that you are, comparing prices is a given. Now for a new twist on shopping around: what if you kept your current TV, took the cash you had planned to spend on the flat screen, and put it in your 401(k) instead?
Having a roommate to reduce expenses is no longer limited to 20-somethings after they've left the nest. The recession and high cost of housing is leading many more people, including those over age 50, to live with a non-spouse.
Although it's probably safe to assume that financial infidelity wasn't a culprit in the Shriver/Schwarzenegger split, irreconcilable money differences do play a role in many couples' break-ups. According to a recent study, the number who 'fess up to keeping their other halves in the dark about…
It's not a question that keeps most people up at night -- but maybe it should. Or perhaps a better question is this: did you know that 401(k) plans have fees associated with them? If you didn't, you're in good company. In fact, seven in 10 people didn't realize that 401(k) plan providers charge…
I still remember how proud I was to open my first checking account. Even better: getting my work permit when I turned 16, and then going to the grocery store and saying, "I'd like to cash a check." Pre-ATM days required some planning.