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Terry Savage’s Archives

Below you will find the columns terry has written by date.

PAGE 2 of 34

Below you will find the columns terry has written by date.

FAFSA Time, Again

October 02, 2019

It’s FAFSA time again.   On October 1st, students and their families who are hoping for Federal student aid for the 2020-2021 college year, can file this essential form.  Procrastinators lose out, because many schools offer their pool of merit-based aid on a first-come, first-served basis.  And they look at FAFSA to get the entire financial..

Reverse Mortgage Rules

September 23, 2019

If you’re a senior looking for more income, you may have to look no farther than your own home. A reverse mortgage could be the perfect solution to the need for more income — if you plan to stay in your home for at least 10 years. You can withdraw either a lump sum or..

The Fed and Interest Rates

September 11, 2019

The entire world is holding its collective breath, waiting to see what the Federal Reserve will do about possibly cutting interest rates at its next meeting on September 17 and 18. But as of this writing, the global bond markets are pricing in a cut of 50 “basis points” — or one-half of a percentage..

Social Security Decision

September 04, 2019

The decision about exactly when to claim your Social Security benefits is roiling households of baby boomers across the nation, as they are faced with making a choice that will have lifetime implications. Ever since the full retirement age (FRA) has gradually increased from the traditional 65 to the current 66 years and 2 months..

Small Biz Health Insurance Deal

August 28, 2019

If you work for a small business that does not offer health insurance, this column is for you. It falls under the “amazing but true” category: You can have a health insurance plan equal to the best offered in your state, at no cost to your boss, and on a pre-tax basis (meaning premiums are..

Measuring Up

August 21, 2019

You’d think that, in a world where so much information is readily accessible, people wouldn’t need much help gaining perspective on all their financial activities. Yet I’ve noticed a surge in financial press releases offering surveys designed to serve as a benchmark for ranking your own situation. Here are just a few headlines and key..

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