Finance

529 Plans and College Savings: 4 Urgent Questions

Wealth Wise is Kiplinger's advice column on navigating retirement-related dilemmas. Got a question? See below for how to send it.Dear Wealth Wise: With tuition for...

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When Will Bonds Be Loved? What the Longest Bond Bear Market in History Can Teach Investors (Another Lesson From the School of Rock)

In the summer of 1960, the Everly Brothers released one of their signature hits, "When Will I Be Loved?" Written by Phil Everly (and made famous a second time by L...

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Tax Breaks for Victims of Hurricanes, Wildfires and Other Disasters

As natural disasters, such as hurricanes, wildfires, earthquakes, tornadoes, floods and blizzards, become more intense, losses from these disasters are soaring. If...

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Meta’s Business Set to Escape Lawsuits Unscathed

To help you understand the trends surrounding business and technology and what we expect to happen in the future, our highly experienced Kiplinger Letter team will...

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Stocks and Bonds Alone Can No Longer Diversify Your Portfolio — But This Is What's Coming to the Rescue

For two generations, American investors lived by one rule that seemed to work across market conditions: Own stocks for growth, own bonds for safety, and let the tw...

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Bosses say Gen Zers aren't ready for work. Whose fault is that?

Getty Images; Tyler Le/BIMy first internship gave me a simple task: Email a press release to a large list of reporters. I followed the meticulous formatting instructions from a binder, and hit send...

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Dave Ramsey issues blunt warning on Social Security, 401(k)s

Bestselling personal finance author and radio host Dave Ramsey has a blunt warning for Americans saving for retirement about Social Security and 401(k)s. “Don’t rely on Social Security as you...

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How to Save for Retirement Amid Social Security Uncertainty: Strategies for Millennials and Gen Z

For decades, Social Security has served as a foundational piece of retirement income. But for younger generations, the program's outlook is changing, and those cha...

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Our kids are college graduates, but we're paying their rent. We understand what they're up against.

The author (second from left) said she and her husband are paying rent for their 20-something kids to help give them a strong foundation for their futures.Courtesy of Cherith Glover Fluker.My child...

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A financially independent couple shares 3 money rules that helped them pay off debt and build wealth

Brittany and Kelan Kline are the cofounders of The Savvy Couple.Kelan KlineKelan and Brittany Kline built The Savvy Couple blog into a seven-figure online business success.They achieved a $1 millio...

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Why investors should be concerned about the growing backlash to AI data centers

AIThe AI trade is full of bottlenecks.Some, like power and memory, are bullish for those investments.But market pros say one hurdle presents a new risk: data center backlash.You've probably seen th...

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I bought a fixer-upper for $347,000 and turned it into two Airbnbs. It went so well I turned the garage into two more.

Vanessa Banh turned a garage on her property into two Airbnb units.Courtesy of Vanessa BanhVanessa Banh bought her first home but never planned on living in it.Bahn turned the four-bedroom home int...

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The Real Cost of Retiring in Florida: Insider Tips for Newcomers From a Wealth Adviser Who Lives There

I've lived in Florida for more than 30 years. In that time, I've watched thousands of people move here to retire — and I've seen a smaller but steady number of the...

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Beating Inflation: How to Protect Your Long-Term Returns

Inflation has been running hot for over five years now. We know how this affects our grocery bills. We get an ugly reminder of that every week. But how does it imp...

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Some Retirees Are Choosing Delaware Over Florida: How the Retirement Math Adds Up

For many people looking for a tax-friendly retirement, no-income-tax states like Florida usually top the list. But recent data indicate an interesting trend: More ...

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Social Security Benefits Can Plummet When a Spouse Dies: This Is How Annuities Can Help Plug the Income Gap

Most retired couples rely heavily on Social Security benefits. When one spouse dies, there's often a major loss of their benefits. The surviving spouse will get ei...

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Why Pre-Planning Your Funeral Is the Ultimate Final Gift to Your Family

Few subjects are as difficult to consider as your own mortality. "Americans are famously afraid to talk about death," says Tanya Marsh, a Wake Forest University pr...

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My First $1 Million: Realtor, 70, Boston

Welcome to Kiplinger's My First $1 Million series, in which we hear from people who have made $1 million. They're sharing how they did it and what they're doing wi...

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Every Roth Conversion Starts Its Own 5-Year Clock. Retirees Who Tap Too Early Pay a Penalty on ‘Tax-Free’ Money.

The post Every Roth Conversion Starts Its Own 5-Year Clock. Retirees Who Tap Too Early Pay a Penalty on ‘Tax-Free’ Money. appeared first on 24/7 Wall St.. Roth conversions are running at record v...

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He Retired at 52 With Everything Locked in an IRA. Every January He Converted One Year’s Spending to a Roth. By 57 He Was Living on It. No Penalty, No 59½, No Special Permission.

The post He Retired at 52 With Everything Locked in an IRA. Every January He Converted One Year’s Spending to a Roth. By 57 He Was Living on It. No Penalty, No 59½, No Special Permission. appeared ...

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My dad got Alzheimer's when I was in my 30s. Here's what I wish I'd known.

Kathleen Korpela wished she were more prepared for her father's diagnosis.Kathleen KorpelaKathleen Korpela's dad was diagnosed with Alzheimer's when she was in her mid-30s.She explains what she lea...

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