Identity thieves have a new way of gaining access to your finances.
Category: Careers
Terry Savage: Homeowner’s insurance premiums rising
Opening that bill, you might find a 25% increase or more — even though you’ve had no claims. If your premium is included in your monthly mortgage payment, you’ll get notice of a jump in your monthly payment.
Terry Savage: The pros and cons of reverse mortgages
For seniors who own their own home — fully paid off or with a small remaining mortgage — but need more income, a reverse mortgage can be the perfect solution. Or it can be a costly mistake.
Terry Savage: A widow’s guide to financial recovery
On average, women live longer than men. It’s an actuarial fact known by every insurance company and financial planner. At age 65, the life expectancy of a woman is 20 years, while men at the same age have a life expectancy of 17 years. So, it stands to reason that the 2020 Census Bureau reports […]
Terry Savage: You can’t plan a retirement without understanding longevity
Here’s a personal question: How long do you think you’ll live? Most people will roll their eyes, believing that only a higher power has the answer to that question.