Dear Penny: Will I Be Left With Nothing When My Partner of 50 Years Dies? Robin Hartill, CFP®, February 12, 2023 Dear Penny, I will have been with my partner for 50 years in July, but we’re not legally married. Can I receive his retirement when he dies? I’m very worried I’ll be on the street after taking care of him all these years. What advice can you give me? -Lost Dear Lost, Lots of people […] This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017. Share Work at Home maniaTweetWhatsAppShare on TumblrRedditEmailMoreTelegramLike this:Like Loading... Continue Reading
Life Insurance for Seniors: Is the Coverage Worth the Cost? Rachel Christian, February 4, 2023 Life insurance provides cash to your beneficiaries after you die. It’s meant to help replace your income. But what about buying life insurance if you’re over age 60 or 65? Does it make sense? In some situations, it can make sense to spend thousands of dollars a year for a life insurance policy after you […] This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017. Share Work at Home maniaTweetWhatsAppShare on TumblrRedditEmailMoreTelegramLike this:Like Loading... Continue Reading
Taxes in Retirement: What to Expect and How to Save Money Rachel Christian, January 30, 2023 Retirement means leaving many things behind. Unfortunately, taxes aren’t one of them. Taxes in retirement can be complicated. You might be drawing income from multiple sources, including 401(k) distributions, Social Security, interest from a savings account, a pension or even a part-time job. When tax time rolls around, figuring out how much you owe can […] This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017. Share Work at Home maniaTweetWhatsAppShare on TumblrRedditEmailMoreTelegramLike this:Like Loading... Continue Reading
Dear Penny: Can I Pay My Wife So She Can Get Bigger Social Security Checks? Robin Hartill, CFP®, January 25, 2023 Dear Penny, I’ve earned more than the Social Security income limit for more than 35 years. I own my own business with my wife. She worked for 12 years before we had children and returned to work five years ago, but earns only $40,000. I earn enough in my business to pay both of us […] This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017. Share Work at Home maniaTweetWhatsAppShare on TumblrRedditEmailMoreTelegramLike this:Like Loading... Continue Reading
How to Save for Retirement From Your 20s to Your 60s Robin Hartill, CFP®, January 24, 2023 Deciding how to save for retirement is confusing, but here’s a guide to help you determine whether you should prioritize your 401(k) or your IRA. This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017. Share Work at Home maniaTweetWhatsAppShare on TumblrRedditEmailMoreTelegramLike this:Like Loading... Continue Reading