Author: Money Mechanics

 In your recent TradeTalks interview, you highlighted the recent momentum around crypto and digital asset regulations but cautioned that the tax element shouldn’t fall behind. What kind of a framework would you like to see in the U.S. for taxes on crypto and, more broadly, digital asset transactions?To start, the great news is that it does not appear to be falling behind, given the flurry of proposals we’ve seen, and the amount of attention and focus per the President’s Working Group Report.I personally like under the priority legislative recommendations where the group suggests legislation be enacted to treat digital assets…

Key Takeaways Low-income housing options for the disabled are available through the housing subsidy voucher programs of states’ public housing authorities. Different voucher programs are aimed at different populations, depending on specific criteria; eligibility requirements vary for each program. Finding and applying for the right HUD or other federal program can be complex; the waiting lists are long and may close when demand is too high. Many states run their own housing assistance programs in addition to those offered by federal agencies, so individuals or families should explore local options as well. Finding affordable housing is always a challenge, but it’s…

Key Takeaways The Tour La Vie cruise program with Villa Vie Residences is an around-the-world cruise that you can enjoy for up to four years.It costs between $49,999 per person (double-occupancy room) for one year to $159,999 per person (double-occupancy room) for four years.It costs between $79,999 per person (single-occupancy room) for one year to $255,999 per person (double-occupancy room) for four years.If cost is a factor, consider other extended travel options. A do-it-yourself, around-the-world tour would cost an estimated $25,000 to $35,000 per year. Ready to get away from it all? How about sailing around the world on a…

key takeaways The bulk of Bill Ackman’s Pershing Square portfolios hold only 8 to 12 core holdings, reflecting high investment conviction.Ackman is known as an activist investor, but now tends to focus on investments with long-term value and durable business quality.Pershing Squares’ transparency and actions help Ackman build a public profile comparable to that of Buffett. Warren Buffett, the 95-year-old financial magnate and “Oracle of Omaha,” recently announced he’d be stepping down from his role as CEO of Berkshire Hathaway by the end of 2025. Now eyes are turning toward successful hedge fund managers who share his ambition for long-term…

“Work forever.”It’s the new retirement plan. Especially for Gen Z. But it’s not a lifestyle choice. It’s a coping mechanism in a system that hasn’t kept pace with how we actually live and work today.Just 1 in 5 Gen Z workers is saving for retirement, according to TIAA. Not because they don’t care, but because they’re financially boxed in. They’re navigating a job market defined by instability, record debt and skyrocketing costs. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with…

Retirement doesn’t usually announce itself with a loud fanfare. More often, it’s like a long road trip — you pass signs along the way that quietly tell you where you are and what’s coming next.It’s rarely one big event; it’s more like a collection of signals — financial, emotional and personal — that, when taken together, tell you it might be time to take the next exit and start your next chapter.Kiplinger’s Adviser Intel, formerly known as Building Wealth, is a curated network of trusted financial professionals who share expert insights on wealth building and preservation. Contributors, including fiduciary financial…

“Your mother-in-law is moving in,” my wife said with a smile. A smile I didn’t return.Then came nervous laughter, followed by a serious conversation. Her mother has been living alone, and with rising prices and shrinking savings, it’s become clear she may soon need more support. Making room for a fifth person in our home is now something we have to seriously consider.Our situation is far from unique. While “boomerang kids” get most of the headlines, many households today are dealing with the opposite trend: parents moving in with their adult children. Although estimates vary by definition, research data show…

Welcome to Kiplinger’s My First $1 Million series, in which we hear from people who have made $1 million. They’re sharing how they did it and what they’re doing with it. This time, we hear from a widowed 67-year-old retiree in Round Rock, Texas. She was an oil and gas accounting manager and grew up in Austin.See our earlier profiles, including a writer in New England, a literacy interventionist in Colorado, a semiretired entrepreneur in Nashville and an events industry CEO in Northern New Jersey. (See all of the profiles here.)Each profile features one person or couple, who will always…

Key Takeaways Today’s Black American migration to Africa builds on previous patterns while taking up modern opportunities such as remote work, medical tourism, and investments, which were previously unavailable.The movement is driven by both push factors (political anxiety, racial trauma) and pull factors (health care savings and property ownership opportunities, plus the relief of being in the racial majority).Unlike previous migrations of Blacks in U.S. history, today’s emigres are building businesses and investing, including American singer and entrepreneur Kelis’s 300-acre farm, tech startups and medical tourism. Nairobi feels like a city in fast-forward. A new expressway built a few years…

Retirement is the perfect time to set sail. Whether you’re chasing fun, adventure, or bucket-list destinations, cruises offer seniors the comfort, easy access, and unforgettable experiences they deserve after years of work.According to Shore Excursions Group, seniors make up a significant share of the cruise market, with 32% of passengers being 65-plus.”Additionally,” says Jason R. Margulies, Partner & Maritime Attorney at Lipcon, Marqulies & Winkleman, “since cruises are a mode of transport in and of themselves, seniors don’t have to worry about the chaos of packing and unpacking at each port, moving to different hotels and rooms every night, and…