Tag: retirement

It was hard to miss the news last year that four out of 10 people couldn’t come up with $400 if they had an emergency. The coronavirus is that emergency – on steroids. A wave of new surveys asking Americans about their personal finances reveal the depth of a crisis that has suddenly befallen untold…

Resourceful retirees usually weather the financial surprises that come their way. But a handful of unexpected health events can really hurt. The death of a spouse is at the top of the list. Net worth drops by more than $30,000 over a couple of years as retirees pay for the extraordinary medical and other expenses…