The Latest Breaking News on Personal Finance

The bereavement money checklist: Everything you should do after someone you love dies

Make sure to keep good records and, in the search for assets, don’t overlook debts and other liabilities

The Independent UK · May 29

Should senior citizens continue investing in equity mutual funds after retirement? Expert explains

A 60-year-old retiree sought guidance on whether she should continue investing in equity mutual funds after retirement. Experts say senior citizens can retain some equity exposure to beat inflation, provided regular expenses are covered through stable income sources. Aligning the portfolio, reducing overlap, and balancing SIPs with lumpsum investments remain…

The Economic Times · May 29

These are five of the most viral money trends – are they help or hype?

Saving for a specific goal or to build your emergency buffer can both benefit from different approaches

The Independent UK · May 29

6 Reasons Retirement Accounts Are Lasting Less Time Than Expected for Some Seniors

For years, many retirees believed that careful saving and following traditional retirement advice would be enough to make their money last comfortably through retirement. Unfortunately,...

Saving Advice · May 28

The ‘Breadwinner’ Gap: Why Many High-Earning Women Are Still Afraid to Discuss Their Net Worth with Partners

Money talks are still uncomfortable for many couples, but the tension can grow when a woman earns more than her partner. Despite rising salaries, leadership roles, and growing financial independence, many successful women hesitate to reveal their full financial picture at home. That hesitation is not always about secrecy or…

Budget and the Bees · May 28

8 Financial Decisions That Can Backfire After Your Spouse Passes Away

Losing a spouse is one of the most emotionally devastating experiences a person can go through, and unfortunately, major financial decisions often have to be...

Saving Advice · May 28

Rs 1.54 crore retirement corpus from PPF investment: How starting PPF investment at 30 can help you build large fund

Investing Rs 1.5 lakh annually in a Public Provident Fund from age 30 can build a tax-free retirement corpus of Rs 1.54 crore by age 60. This popular government-backed scheme offers tax benefits and a 7.1% annual interest rate, compounded yearly, making it ideal for steady wealth creation without market…

The Economic Times · May 28

The ‘High-Yield’ Lie: Why Your Savings Account Interest Rate Can Drop Without Much Notice

A high-yield savings account can look like a financial win when banks advertise rates above 4% or 5%. But many savers discover an uncomfortable truth after opening an account: those eye-catching rates can fall quietly and quickly. Unlike fixed-rate products such as CDs, savings account rates are variable, meaning banks…

Budget and the Bees · May 27

5 Retirement Budget Leaks Most Seniors Don’t Notice Until Midyear — And Rent Isn’t One of Them

Many retirees begin the year feeling confident about their finances. Social Security checks are arriving, required minimum distributions are planned, and the monthly budget looks...

Saving Advice · May 27

Got $5 Million Saved for Retirement? Here Are the Huge RMDs the IRS Makes You Take at Ages 73, 75, 80 and 85

If you have $5 million saved for retirement, your RMDs will change every year. Find out exactly how much you must withdraw at ages 73, 75, 80 and 85.

Kiplinger · May 27