We all know the stories of famous athletes who go broke. And then there is the infamous “lottery curse,” where winners end up bankrupt a few short years after hitting the jackpot. Most folks think that they’re smarter than that. They believe they will properly manage any inheritances that come their way. If only we… Continue reading →

It’s easy to think of celebrities as being above it all. Yet they have human bodies and the same frailties we all face, particularly as we age. The model Bella Hadid has Lyme disease. Rapper Lil Wayne is an epileptic. Actor Tom Hanks has Type 2 diabetes. The list of well-known people with chronic diseases… Continue reading →

The actors Ashton Kutcher and Mila Kunis plan to leave nothing to their kids — at least nothing unearned. Kutcher, who starred with Kunis on the popular sitcom “That ’70s Show,” recently declared that he and his wife will give their earnings from Hollywood and their investments to charity, including anti-sex trafficking causes Kutcher supports.… Continue reading →

Americans change jobs a lot — more than a dozen times over a career. A new opportunity beckons, across town or across the country. Cake is consumed and co-workers hand you a card scrawled with cheerful goodbyes. Your boss says she’ll miss you but wishes you well. And that’s it. Except there’s one more thing… Continue reading →

You’re probably thinking: Isn’t it the same thing you tell your sons? Of course it is. The point is not that women need different guidance. Rather, women need guidance that too often is not given to them. As a financial advisor with my own practice I’ve witnessed firsthand a kind of learned helplessness among women… Continue reading →

I’m guilty. There, I said it. And, it feels great to confess.  I am among the millions of women, globally and across generations, who fall into a distinct category—highly-educated, affluent married women, widows or divorcees who defer significant financial decisions to their spouses or partners. Admittedly, the reassuring news is that I’m in excellent company. … Continue reading →

It’s one of those statistics that is both surprising and, well, not surprising. Baby Boomers, the generation that led the charge into no-fault divorces in the 1970s and 1980s, continue to lead other age groups in divorce into their retirement years. In fact, boomer divorce rates are speeding up. A recent Pew research study found… Continue reading →

Author and personal-finance guru Suze Orman ruffled a lot of feathers in a recent podcast, saying that people need $5 million — maybe even $10 million — in order to retire. Orman was responding to a question about the “financial independence, retire early,” or “FIRE,” movement, a growing online trend in which people in their… Continue reading →

Yes, you read that right. You could be getting a 16% return on your money right now, and it’s not that hard to do. As Mark Cuban, the “Shark Tank” star, billionaire entrepreneur, and NBA franchise owner explains, just pay off your debts. Americans carry an enormous amount of personal debt. The personal finance site… Continue reading →