Terry Savage: Insolvency looms for Social Security. What will we do?
Social Security is running out of money in its main trust fund. The latest Trustees report...
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Terry Savage: Reverse mortgages are useful but not for everyone
As Americans live longer and costs continue to rise, a growing number of seniors have...
Terry Savage: Money-saving repayment deals for Parent PLUS loans
Time is running out for Parent PLUS college loan borrowers to access money-saving repayment deals....
Terry Savage: Keep private equity and private credit out of your pension plan
Oh, the irony. Just as market headlines reveal huge worries about “private credit” and “private...
Terry Savage: Who is watching the MEGO numbers?
I call them MEGO numbers. That stands for My Eyes Glaze Over. Sometime the numbers...
Terry Savage: Aging alone? A trustee can look after your affairs
What happens when you’re older and alone — with no one you trust to be...
Terry Savage: Finding the right adviser is key to solid financial plan
If you are willing to consider the importance of a financial plan, despite likely disruptions,...
Terry Savage: Social Security Fairness Act windfalls can surprise some seniors with higher property tax bill
Seniors who received a windfall deposit as a result of the Social Security Fairness Act...
Terry Savage: Avoid the heartbreak of inheriting a financial mess
To protect yourself from a financial nightmare if your spouse dies, let’s start with the...
Terry Savage: Last chance to file the FAFSA for your college student
Time is growing short for parents of high school seniors (and those returning to college...
Terry Savage: Bigger tax refunds are coming to seniors, but only if they file a return
The IRS reports that every year more than $1 billion in unclaimed refunds gets left behind at...
Terry Savage: Artificial intelligence and your future prosperity
Artificial intelligence is coming faster and more furiously than you might have imagined. It has...
Terry Savage: Making sense of annuity pitches
A decade ago, the insurance industry made a huge annuity sales pitch to pre-retirees, offering...