financial advice

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You probably wouldn’t take investment advice from someone whose business card said Retirement Wizard, but it is not always so simple to spot a fake credential. You may find it harder to tell the difference between a Certified Advisor for Senior Investing and a Retirement Income Planning Specialist.
Piggy bank in debt vice grip
We heard through the grapevine about a boomer couple upset because their son, who graduated from a prestigious college and professional school without loans, was marrying a young lawyer with tens of thousands in educational debt. The parents feared that paying off this financial burden would delay…
Robo-advisor
I’m a fan of the so-called “ robo-advisers.” These are online wealth management services that provide automated software-based portfolio management advice without the use of human advisers. Two of the larger robo-advisers are Betterment and Wealthfront. In addition, Schwab recently launched its…
Kissing piggy bank
Grandparents apparently hold more sway over their grandchildren's saving habits than they know.
Washingtonpost.com hosted a live online chat with their personal finance columnist Michelle Singletary yesterday, and she discussed topics from budgeting to retirement planning to simply how to discuss money with a loved one. She even touted what a great resource AARP.org is for retirement planning…
This headline from the Wall Street Journal caught my eye this morning: " What Should You Do With Your Money in 2010?" Wouldn't it be nice if you could have a heart to heart with six different financial advisors and see what they had to say about investing next year? Since that is probably not…
The New York Times has a great piece on its Web site all about seniors and technology. The article was particularly fun for me to read because I still remember when my grandmother - who turns 74 next month! - had a PC before my family even had one, and who has recently mastered the art of text…
There's a very disturbing story in the Chicago Tribune today about patients in nursing homes across Illinois who have received, wrongly, "powerful psychotropic drugs" without any condition that would give cause for a need for such drugs.
From Tara Coates
Online sites and resources that will help you make it through hard times.
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