Terry Savage’s Archives
Below you will find the columns terry has written by date.
Below you will find the columns terry has written by date.
Congrats, Grad. Now Repay Debt
Congratulations, college grad. Your first challenge is finding a job, and perhaps a place to live. The second challenge is even more difficult: starting to repay your student loans. The time to start thinking about loan repayment is the week after graduation. At the very least, you’ll know how to start the process when your..
Social Security, Medicare Key Facts
Americans are woefully uneducated about Social Security and Medicare — and that creates some expensive mistakes. Here are a few facts you should know. —Waiting until age 70 will increase your monthly Social Security check by 76 percent over claiming benefits when they are first available at age 62. Yet nearly 40 percent of Americans..
Roth Conversions
In a recent column, I mentioned the importance of tax planning for your retirement assets. We are living in a time of relatively low historic income tax rates, and as our national debt grows and political considerations change, it’s not unlikely that tax rates will rise in the future. It’s always been the conventional wisdom..
Consider Disability Insurance
Income tax time brings you face to face with the amount of money you earn — and have left to live on, after taxes. But what if you were disabled and couldn’t work? It’s something no one wants to think about: being alive but incapacitated. But consider the odds. The Disability Insurance Resource Center says..
Taxing Your Retirement
As tax time draws near, Americans are taking a second look at the impact of the new tax laws. For many people, the day of reckoning is proving an expensive one. The tax cut put more money in their paychecks, but the amount withheld for taxes was also reduced. Now, as tax returns are being..
Socially Responsible Investing
If you want your investment dollars to not only make money but to make the world a better place as well, there are now some new and easy ways to make that happen. More than one out of every four dollars under professional management in the United States — $8 trillion or more, and an..
