mpsmartasset

We are in our 50s, living in California, and have $2 million in retirement savings. We want someone to tell us whether we can feasibly retire — what’s our best bet there?

March 8, 2023

[ad_1] Getty Images Question: We are a single income couple in Southern California, ages 56 and 54. We are looking…

‘I really need help.’ I have $580K in retirement savings, but can’t find a financial adviser because they want clients to be richer than me. What should I do?

February 8, 2023

[ad_1] Have a question about your financial adviser or looking for a new one? Email [email protected]. Getty Images/iStockphoto Question: I’m…

We’re retired and recently lost $100K from our portfolio. Our adviser said ‘we could lose another $100K in 2023.’ Is that crazy?

February 7, 2023

[ad_1] Should you decide to switch advisers, be clear about your expectations and get a good understanding of the new…

Amid high inflation and recession fears, these are 10 money moves you should make in 2023

December 19, 2022

[ad_1] Getty Images/iStockphoto While inflation is cooling, projections still point to elevated consumer prices next year. What’s more, recession threats…

I’m 53 and just got laid off — and wondering what to do now. I have $425K saved for retirement, $10K in an HSA, and a property I could sell for an extra $200K in cash. Is getting professional help wise?

December 8, 2022

[ad_1] Getty Images/iStockphoto Question: I was laid off from my job of 12 years. I have a few questions about…

I’m 56 and plan to retire at 62. I’ll have both a state retirement plan and Social Security — but I also have a child starting college, which I want to pay for. Do I need professional help?

December 6, 2022

[ad_1] Getty Images/iStockphoto Question: I’m 56 years old and working for a state university, so I will have a state…

‘I feel like a fool.’ I’m 65 and recently met a ‘gorgeous’ 70-year-old millionaire who ‘started acting as my financial adviser.’ But he ghosted me, and left me with less than $20 in my account. What’s my move now?

December 5, 2022

[ad_1] Question: After meeting a nice guy and dating a bit, he started acting as my financial advisor, which I…

This is the No. 1 expense, by far, for retirement-age Americans — and pros say it shouldn’t be

December 2, 2022

[ad_1] Americans 65 and older spent nearly $1,000 more per month last year than they did just five years prior,…

‘It has been a nearly continuous plunge.’ My accounts are down 13% this year, but my financial adviser hasn’t made a single adjustment — and is still taking his 1%. Do I even need him anymore?

December 2, 2022

[ad_1] Getty Images/iStockphoto Question: I have heard it a thousand times: “People make more money with a financial advisor, don’t…

‘Somehow we live check to check.’ We make over $200K a year, but owe $100K on HELOC loans, never learned to save money and feel like we’ll never be able to retire. Do we need professional help?

December 1, 2022

[ad_1] Do you need a financial adviser? Getty Images Question: My wife and I are looking for help. We have…