Below you will find articles Terry has written and videos and interviews she has conducted.
We live in dollars, spend in dollars, and make financial plans in dollars. But what will your dollars be worth in the future, when you plan on spending them? That’s not an idle question, even though we have few alternatives to using dollars for all our plans.
One of my favorite financial websites is Acorns.com. There you can register your credit and debit cards, so that all of your purchases are automatically rounded up a few cents to the nearest dollar. And when all those little cents reach $5, the money is automatically transferred from your registered checking account into an investment portfolio, featuring five choices that range from conservative to aggressive.
We’re all getting older. And it’s much better than the alternative. But the greatest fear of retirees is running out of money in their lifetime. And nothing can devastate financial plans like the need for costly long-term custodial care (LTC), either at home or in assisted living.
Sorry, boomers, but the world of banking and insurance isn’t so interested in you anymore. You’re getting too old to buy insurance and too conservative with your investments. And your time horizons are too short to be very profitable to the investment world. The financial services industry is aiming at millennials now.
It’s time to take another look at 529 College Savings plans. The recent tax bill creates some changes in the uses of 529 college savings plan – and may even make them more attractive from a tax point of view.
Many of you are going to need help with your taxes. It’s not just about the last-minute things you did to maximize deductions in 2017. It’s about setting yourself up with the appropriate plans for 2018, when you’ll lose some deductions and gain others. Without those deductions next year, you might even have to make larger quarterly tax deposits.
No use looking back at mistakes made. You can’t undo them and must live with the consequences. But the New Year presents us with a clean slate, a chance to start over with better money habits and smarter decisions. Here are some practical things to consider.
Tis the season to receive long, chatty messages tucked into holiday cards, describing the year’s significant events for family members including the dog. But this year, I received one such missive by email, that I thought I would share with my readers, hoping to capture the pure joy of financial planning and self-discipline working out in the long run.
CollegeIllinois!, the state’s prepaid tuition plan, has closed and is no longer selling contracts. Worst of all, the state does NOT guarantee the plan payouts; it only has a “moral obligation” to make good.