CHICAGO Retirement strategy is about more than just how you will spend the money you have saved – it matters where that money is coming from too.
CHICAGO (It took 52-year-old social worker Nancy Peterson a combination of five different grants and low interest loans to accumulate $80,000 for the downpayment she needed to become a first-time home buyer in Seattle last summer.
CHICAGO It may seem a simple solution to the brewing U.S. retirement crisis: Get people to work until 70 before retiring and 85 percent will have the money they need for retirement.
CHICAGO With the partial U.S. government shutdown about a month old, a student showed up at the College of Southern Maryland's financial aid office with two preschool children in tow to request emergency help paying her $3,000 in tuition and fees. She is one of the 800,000 workers not getting paid.
CHICAGO How bad was 2018 for investors? They pulled a record amount of money from stock and bond funds late in 2018 and tucked it into safe havens such as CDs, money market funds or U.S. Treasuries that mature in a year or less.
CHICAGO When the Vondruska family gathers in Watersmeet, Michigan on Christmas Eve to open presents, the grandchildren will not be ripping open any packages from their grandparents.
CHICAGO Karyn Golden’s income was approaching $200,000 as she lived a carefree single existence at the peak of her career in Chicago, 20 years ago. She brokered real estate deals, served on boards and lunched with political leaders. She never imagined she would be where she is now – 70 and down to her last $200 in savings.
CHICAGO All that tuition you pay has one silver lining: tax breaks.
CHICAGO Already seeing winter holiday decorations in your local stores, even though it is just Halloween? In the same spirit, it is time to start prepping for filing your tax return, which is due by April 15, 2019.
CHICAGO Think you are getting a big refund in April when you file the first tax return under the changes in the Tax Cuts & Jobs Act?