Terry’s Latest Syndicated Column: Families and FAFSA. Click here to read
Terry’s Latest Syndicated Column: Families and FAFSA. Click here to read
January 21, 2015
Although the president didn’t go into detail in his State of the Union, the details that were released in the week before the speech should make middle class American’s think twice. Despite the rhetoric of "taxing the rich" — it’s pretty apparent that the middle class will do most of the paying.
January 16, 2015
All that glitters may not be gold in dollars, but gold could shine against other currencies in the uncertain economic year ahead. And that’s The Savage Truth.
January 12, 2015
Families of millions of high school seniors are about to embark on a time-consuming, invasive and generally distasteful project: filling out the FAFSA — the Free Application for Federal Student Aid.
December 31, 2014
Do yourself a favor. Stop at an office supply store, or order online, and purchase a couple of plastic file boxes and some hanging folders. It’s time to organize your 2014 records — and set yourself up to collect all your 2015 financial information efficiently through next year.
Three Great Sites for Credit Card Info
Looking to maximize the rewards you earn on your credit cards to get the things you want most? Use these sites to do your research:
www.TheSimpleDollar.com
www.CreditCardInsider.com
www.Bankrate.com
Finra BrokerCheck
Financial Planning & Organization Websites
BrokerCheck is a free tool to help investors research the professional backgrounds of current and former FINRA-registered brokerage firms and brokers, as well as investment adviser firms and representatives. BrokerCheck information is drawn from filings by regulators, firms and investment professionals. It includes current licensing status and history, employment history and, if any, reported regulatory, customer dispute, criminal and other matters. But, Terry warns, this tool is just a starting place, and has been criticized for not having information on personal bankruptcies, civil litigation, and older events. You should also check with your state’s registration database.
Sixty-Five Incorporated
Everything you need to know about Medicare, signing up, supplements, rules, and more at this helpful site, including this calculator to help you determine when you can sign up for Medicare.
Answered on January 26, 2015
Dear Terry, We want to get our 16 year old driver a good newer or new car. Reasons are so she can…
Answered on January 26, 2015
We have ten thousand dollars to invest. Would gold or silver be a good hedge against inflation or…
Answered on January 24, 2015
what would you suggest for investments any reputable for stable ?hybrid annuities? any help would be…
Answered on January 24, 2015
What can one do?. Interest rate is at 14.99%, no equity in home. Mortgage is under water; no one…
Answered on January 24, 2015
Hi Terry, I recently pulled up my credit report and found that my information was all incorrect and…
S&P Return Calculator
Want to see the return of the S&P 500 — with and without dividends, and adjusted for inflation — between any two individual days? Click on this easy calculator to compare the performance of “the market” with your own investment returns!
How Much Should You Be Saving?
Are you on track to save enough for retirement? Or will your standard of living fall dramatically when you retire? This calculator created by the Employee Benefit Research Institute is easy to use, and will show you how much more you should be saving, based on your age, estimates of longevity, and risk tolerance.
Calculate Minimum Required Distributions
When you reach age 70-1/2 you must take minimum required withdrawals. Use this calculator at FINRA.org to get a rough idea how much you must withdraw based on year-end balances. (But talk with one of your IRA custodians to get the specific withdrawal amount, based on ALL your retirement account balances.)
choosetosave.org
Find your Savage Number!
livingto100.com
What is your life expectancy?
FDIC.gov
Find your insurance limits.
IRAHelp.com
IRA questions answered!
Terry Savage is a nationally known expert on personal finance, the markets, and the economy. Read more about Terry
