What should parents do when a child loses their job and is unable to pay their rent or other living expenses?
Author: Peter Dunn, Special to USA TODAY
Pete the Planner: Do I need to buy life and disability outside of my job?
Group life and disability benefits are fantastic. They are cheap and easily attainable. But they should not replace policies you can buy outside work.
How do you help a child with poor finances without enabling bad habits? Establish oversight.
Sometimes children don’t always have financial problems, they have discipline problems. Giving them money won’t solve the discipline problems.
Borrowed money is cheap right now, but don’t let it distract you from your retirement
You’re likely earning significantly less interest on your savings deposits than you are paying in interest on your HELOC.
Draining your 401(k) because of COVID-19 is painful, but you can rebound
But the decisions you make in the next couple of years will certainly determine whether you will have the sort of retirement you’ve always wanted.
The stock market is crashing and we’re in a recession. Can I still retire?
I had planned on retiring this October. But with all this stock market crash and recession stuff, I’m not sure I can or should.
My husband wants me to retire with him, but he’s 10 years older with no life insurance. What should I do?
I’m worried about what will happen to my retirement income when my husband dies. I personally don’t have many assets. What should I do?
I’m 58 and have no retirement savings. Is my financial life ruined or is there still hope?
I’m 58 years old and for the first time ever, retirement seems real to me. The problem is I don’t have any money. Now what?
Estate planning: How to tell your children they’re not getting an inheritance
One reader asks Pete the Planner if there’s anything wrong with not leaving kids an inheritance. Here’s Pete’s advice on communication those wishes.
Can $180,000 really last 65-year-old, soon-to-be retiree until 100? It depends.
A financial adviser assures soon-to-be retiree that $180,000 is enough of a nest egg to last until 100. Pete the Planner tells her if that’s right.