Terry Savage: Are you even?
Your six-month account statements from your 401(k) and IRA have likely just landed in your mailbox, or your inbox. Since the major market averages are now nearly back to their...
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Terry Savage: The bankruptcy alternative
It has been quite a few years since personal bankruptcies hit the headlines. Before the COVID-19 pandemic, personal bankruptcy filings were averaging about 750,000 per year. Then stimulus checks and...
Terry Savage: Impact of the budget bill
The budget bill of 2025 — labeled the One Big Beautiful Bill — is now law. Everyone has opinions about its controversial provisions. But this column is meant to consider...
Terry Savage: 401(k) plans have caught the eye of Wall Street insiders
For years, they have been investing in “private equity” and venture capital deals. They find small, promising companies and lend their capital and management expertise — hoping to sell out...
Terry Savage: AI used to guide seniors to Medicare programs
This company has taken AI to the next level. Suddenly, you’ll understand how much more helpful an AI agent can be than a call center in the middle of nowhere!...
Terry Savage: Sort out your finances this summer
You might cringe at the idea of spending your summer sorting out your finances. But financial advisers, tax experts and estate planning attorneys also have some spare time during the...
Terry Savage: My top 10 lessons for entering the digital financial era
My plea: If you have already joined the digital revolution, please don’t give up on your Luddite family members and neighbors. They’re going to need your help as cash disappears,...
Terry Savage: Grace period on student loan repayment is over
Student loans have been looming in the background for more than five years, ever since payment requirements were suspended during the pandemic.
Terry Savage: Know what you own
In the midst of all the advice about not panicking over stock market volatility lies a hidden vulnerability: Most people have very little idea about how exposed they are to...
Terry Savage: Understanding interest rates
When interest rates move, either higher or lower, the effect is felt quickly throughout the economy, affecting mortgage rates and housing demand, changing the cost of products we buy, and...