Money, Wealth & Power—A Daily Look at the Financial World
Cook County just committed millions of public dollars to keep sending no-strings-attached cash to low income residents, turning what began as a pandemic experiment into a permanent feature of local government. The move vaults the county into the center of a national fight over whether guaranteed basic income should be treated as a core part…
Retirement decisions are high stakes, and some destinations consistently emerge as difficult places to stretch a fixed income, access care or feel secure. Drawing on recent rankings of the worst states and cities for older adults, I have identified nine specific communities that repeatedly surface as challenging environments for retirees, even when they offer cultural…
Robert Kiyosaki is warning that a generation that once defined American prosperity could now be staring down a brutal reversal, with retirement portfolios gutted and long-time homeowners pushed to the financial edge. He argues that a toxic mix of inflated asset prices, heavy debt and policy missteps could leave many baby boomers exposed to a…
Millions of Americans go to work each day without any way to save for retirement through their employer, even as longer lifespans and rising costs make personal savings more critical than ever. Roughly 56 million workers are effectively shut out of workplace retirement plans, leaving a large slice of the labor force to navigate complex…
Lawmakers are quietly debating some of the biggest shifts to workplace retirement plans since the last major overhaul, and the outcome could reshape how millions of Americans save for old age. Proposals moving through Congress would tweak everything from automatic enrollment and employer matches to catch-up contributions and emergency access, with the potential to change…
Retirement can feel like a pay cut, but it also unlocks a surprising number of freebies and near free perks that help stretch a fixed income. From Medicare-covered health services to seasonal food deals and community resources, retirees can still grab valuable benefits with little or no out-of-pocket cost. I walk through 12 specific opportunities,…
Retirement is often framed as a time to coast, but for many boomers it is really a high‑stakes reset. Letting old gear, habits and financial setups linger too long can quietly drain savings, undermine health and make each day feel smaller than it needs to be. By deliberately replacing a few entrenched items, boomers can…
Retirement is the moment when every dollar of trapped equity and every lingering monthly bill starts to matter. Selling a few high-ticket items before you stop working can cut fixed costs, simplify your lifestyle and free up cash for health care, travel and emergencies. I focus here on eight pricey things that often make more…
In 2025, the number that once sounded like a fantasy retirement target now looks uncomfortably ordinary. Personal finance expert Suze Orman is warning that $2 million in savings can amount to “chump change” for a long retirement, especially as prices, healthcare bills and lifestyle expectations keep climbing. I want to unpack why that benchmark has…
Retirees who want a high quality of life for less do not have to move overseas or sacrifice comfort. While some regions rank among the most expensive states to stop working, others combine low day-to-day costs with strong amenities, healthcare access, and community life. I focus here on 10 states where housing, taxes, and services…