This time of year, as high school graduates head off to college, I often am asked by parents, “Can I withdraw from my IRA to help pay college expenses?”Parents increasingly are sacrificing their own retirement in favor of their children’s education. A recent Boston Globe survey revealed 75% of parents were willing to delay retirement to help pay for their children’s college … [Read more...] about Tapping into your future to pay for kids’ college | Business
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Your Funds: Develop personal rules to better control your portfolio | Business News
Here are the first three areas for which individual investors should develop rules to better manage their holdings:Minimum position size: Most people start investing with whatever they can afford (I know I did). No investment is “too small.”That changes as your assets grow.A “minimum position size” helps regulate your portfolio.For example, if your portfolio is worth $500,000, … [Read more...] about Your Funds: Develop personal rules to better control your portfolio | Business News
Miami Heat hoping NBA free agency is as simple as Kyle Lowry
QUALIFYING TIME: The Heat do not necessarily have an extended history with restricted free agency, but there have been several twists and turns to the process that now, for them, includes Duncan Robinson and Kendrick Nunn. Basically you extend a one-year qualifying offer for a nominal raise to a restricted free agent, and he then re-signs or takes an offer sheet from another … [Read more...] about Miami Heat hoping NBA free agency is as simple as Kyle Lowry
7 Super Simple Ways to Save Hundreds on One of Your Biggest Expenses
Investopedia6 Social Security Changes for 2021Every October, the Social Security Administration (SSA) announces its annual changes to the Social Security program for the coming year. Below is our analysis of the Social Security changes that were announced in Oct. 2020 to take effect on Jan. 1, 2021, according to the SSA's annual fact sheet. Keep them in mind when you update … [Read more...] about 7 Super Simple Ways to Save Hundreds on One of Your Biggest Expenses
How to Go From Broke to $1.5 Million in Only 25 Years
Being broke is really stressful. But just because you may not have money now doesn't mean you're doomed to being poor forever. In fact, if you can follow these three steps, within 25 years you could have a whopping $1.5 million saved. Here's how. Image source: Getty Images. 1. Find an extra $940 a month to invest Consistent investing over time is, and always has been, the … [Read more...] about How to Go From Broke to $1.5 Million in Only 25 Years