When the Medicare health insurance program launched in 1966, benefits kicked in at the then-common retirement age of 65.
Flash forward, and we now live in an economy where working past age 65 is more common. For some, it’s to buy more time to shore up retirement savings, for others it’s a desire to keep at something they enjoy doing.
If ...Read more
Detroit bass player Grover "GT" Tigue knows too well about the wildly varying rhythms of the gig economy.
Tigue has been a musician 24/7 for the past 21 years — working on solo projects and playing over the years with groups including the No Boundaries Quartet, a hip hop group called Mama SOL & Tha N.U.T.S and an R&B funk band called ...Read more
A California moratorium guaranteeing insurance in wildfire-threatened areas will lapse Saturday, putting 347,000 homes in Pasadena and other Los Angeles foothills communities at the mercy of the market.
As many as 2.4 million homes are at risk of losing protection in 2021 as year-long grace periods expire – though new disasters may extend ...Read more
The ongoing pandemic-related stress surely must be worth a free gift, bonus or some sort of discount somewhere.
Unfortunately, we're seeing an onslaught of texts promoting fake COVID-19-themed discounts and deals.
The Better Business Bureau mentions two specific scams that are hitting consumers in September.
There's the text pretending to be ...Read more
Wish you could generate extra income by owning a rental property? Looking for a close and affordable home for your aging parents? Need a place for your recent college graduate to stay until they find a job? You may be in luck.
More lawmakers across the country are adopting legislation to enable property owners to add a separate living space to ...Read more
Many comparisons have been made lately between the collapse of Lehman Brothers Holdings Inc. and the apocalypse at China Evergrande Group, the world’s most indebted real estate developer. But they are nowhere close. Lehman was a top-tier investment bank that went from good to bad during the 2007 subprime mortgage crisis. On the other hand, ...Read more
Q: For the last several months, my condo association has accused me of missing two payments from several years ago that they apparently just discovered. I paid my dues with online bill pay and provided the association with proof of payment for those two months. The property manager is still asking for the “missed” payments and refuses to ...Read more
A measure moving through the U.S. House of Representatives would allow landlords to apply without tenant approval for federal aid to cover back rent they are owed.
The bill also would use best practices from states and programs that have successfully curbed evictions to set a national standard for how applications for the federal aid are ...Read more
You’ve heard it before: To be more productive, schedule your work. Actually put it in your calendar. Carve out the time. But have you heard that scheduling your work makes it more enjoyable too? It does.
Let’s consider the alternatives. It’s late afternoon, and you’re low-energy. You have a report due in the morning. “If you try and ...Read more
Southern California home prices were essentially flat in August from the previous month, as the market cools slightly from its torrid pace earlier this year.
The six-county region's median sales price — the point at which half the homes sold for more and half for less — was $680,000 last month, according to data released Monday by real ...Read more
Many of us grew up sitting at the family dinner table. Often, it was rectangular, with the family’s primary bread winner(s) sitting at his or her end of the table. Regardless of the shape, the rest of the family sat at designated seats, night after night, year after year. Sometimes, long after the kids had grown and left the household, when ...Read more
As rents skyrocket in Florida, landlords still enjoy unbridled power to raise rents as much as they want, a situation that has driven renters out of their homes and renewed calls for caps on rising rent.
Florida is quickly becoming the worst place in America to rent, but attempts to impose rent controls have always failed. Now, with a historic ...Read more
When you buy a home, you’re also investing in the community, so it’s important to know whether it's a well-run municipality or a city on the decline.
Local governments, in addition to being among the nation’s largest collective employers, are also among their region’s top revenue generators, according to National Bureau of Economic ...Read more
A $100 million loan on Donald Trump’s Fifth Avenue tower was moved to a watch list Monday because of “lower average occupancy,” according to information compiled by Wells Fargo & Co.
The debt, sponsored by the former president himself, is secured by the 244,482 square feet (22,700 square meters) of office and retail space in Trump Tower. ...Read more
Many parents continued to post their frustrations online Friday about not receiving their September payments yet for the advance child tax credit.
"So like a lot of frustrated people on here, I have not received the September CTC payment," one person noted on the Reddit forum.
The Reddit commentator went on to express concern about an earlier ...Read more
As the Labor Department mulls a proposed rulemaking on environmental, social and governance investment options by retirement plans, advisers say the rules are likely to temper a “chilling effect” caused by the prior administration’s guidance.
Advisers say more retirement savers are asking about ESG investing and that the forthcoming rules...Read more
CHICAGO — Facing the threat of foreclosure on her home, Carla Diamantes was shaken and frustrated.
Her South Shore house is where she grew up, and has been in her family for six decades, she said. But after challenges with her mortgage servicer and upon exiting a COVID-19 program that allowed her to defer payments, she owes thousands of ...Read more
Q: We are selling our condo, and closing is fast approaching. Our board is dragging its feet on approving our buyer. We are getting concerned because we must pack and move out, and we do not even know if our buyer will be allowed to buy our home. What can we do? — Anna
A: Selling your home can be incredibly stressful. Not only do you have to ...Read more
The recent increase in inflation could mean retirees already receiving their Social Security benefit might see 2022 it rise by about 5%, which would be the biggest annual cost-of-living adjustment (COLA) in more than a decade.
But the even bigger payoff from a large Social Security COLA will be for anyone at least 62 who has yet to start ...Read more
Unlike many diseases that afflict aging humans, there are already cures for the most common, serious and expensive threat to thousands of aging buildings along Florida’s coast, a malady that structural engineers have dubbed “concrete cancer.”
The symptoms show up first as rust-stained columns or cracked balconies — tell-tale signs the ...Read more
- Carla Fried: Still working at 65? Avoid this Medicare mistake
- Carla Fried: Gender wage gap -- saying yes too soon can be costly
- Carla Fried: What clients get wrong about their financial adviser
- South Florida is becoming the nation's worst place to rent
- Millions in fire-ravaged California risk losing home insurance