Extended Warranties for Cars Are ‘Fraught With Peril for Consumers’ “While reputable options exist, the robocalls are almost certainly scams, an industry group warns. And for consumers who feel they have been ripped off, there is no guarantee anyone will help” writes Christopher Jensen for The New York Times. “vehicle service contracts — are “fraught…
Day: June 29, 2021
What’s the Deal with Social Security for Women?
What’s the Deal with Social Security for Women? is a new book by Marcia Mantell. The following is quoted from: https://www.barnesandnoble.com/w/whats-the-deal-with-social-security-for-women-marcia-mantell/1133342938 “As a woman nearing retirement, you may be delightfully surprised to get your own Social Security check. But you probably have questions. Questions such as: How much money will I actually get from…
Who is more susceptible to financial scams: Seniors or young adults?
We all know that financial scams target seniors and that they are the most susceptible to the bait. Right? think again… “Stop it with the ageism and delusions of invincibility. Young adults often don’t recognize the bad checks coming at them, or fake job offers, either” writes Ron Lieber for The New York Times. “For…
How much to invest to have $1 million by retirement
Start early to attain your goal. Starting at age 20: Assuming a 6% return, compounded monthly, you should aim to invest $364 a month toward retirement to reach $1 million in savings by age 65. Starting at age 30: Assuming a 6% return, compounded monthly, you should aim to invest $704 a month toward retirement…