Personal Finance

“You’re in a completely different position with that kind of money,” Chancey said. “You can build your own financial services team that is dedicated all day to your financial affairs.” For both Bailey and West, minimizing taxes likely will factor prominently in their financial decisions. While both winners had taxes withheld from their share, it
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When Eads’ son was diagnosed with cancer, he retired earlier than he expected to tend to him. His son eventually died. During these difficulties, Eads put his loans into multiple forbearances, which are temporary postponements of payments, during which interest accrues. The 71-year-old man now owes more than $60,000, more than double what he originally
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The potential 16-digit credit card combinations provide far more account numbers than could ever be used, according to Cris Poor, a mathematics professor at Fordham University. Poor says the 16-digit card numbers have 10 quadrillion possibilities. By comparison, the world population is a mere 6 billion. “So each person in the world could have more
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Have you always dreamed of whiling away your retirement years on an island somewhere, but think it’s an economically unfeasible pipe dream? Think again, advise the editors at InternationalLiving.com, who have compiled a list of 11 “great value, picturesque islands across the globe” that are not only renowned for a welcoming atmosphere but also boast
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With a majority-blue House, proposals to repeal the popular public service loan forgiveness program will likely go nowhere, Kantrowitz said. That program allows certain public servants to have their student debt cancelled after 10 years. “Democrats are strong proponents [of the program],” Kantrowitz said. On that note, Democrats are likely to demand explanations from the
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