Terry Savage

A recent survey from the Senior Citizens League detailed the impact of inflation on the items senior consumers purchase most often. Over the past 23 years — from 2000 to...

Two months ago, I wrote a column telling the story of an older woman, a widow recovering from heart surgery, who was being harassed by the Social Security Administration demanding a "clawback"...

People tend to avoid the discussion of estate planning because no one likes to think about their mortality. Plus, there's the presumption that only the wealthy have an "estate" that...

In the search for safety of your financial assets, there's a sudden recognition that the FDIC doesn't cover deposits above a certain limit: $250,000 per depositor, per insured bank. You...

The Social Security trustees just announced that the primary trust fund used to pay retirement benefits is set to become depleted in 2033. At that point, the only money available...

Given the recent headlines, I want to say a few words about the safety of your money in the bank — and all the "end of the world" financial stories,...

The Federal Reserve's latest rate hike is the ninth increase in the last 12 months — for a total of 475 basis points. The current Fed Funds target rate is...

It's that time of year again — income tax time. If you've already filed your return, pat yourself on the back. But if you're one of the millions who procrastinate,...

It's the one financial planning issue that everyone wants to avoid. Your retirement may go according to your financial plan. On the other hand, you and your family may face...