Author: Money Mechanics

(Image credit: Getty Images)There is a time when “tough love” isn’t appropriate. And when a spouse, family member or friend is dealing with the consequences of bladder cancer, that is certainly not what is called for.While space limits any in-depth description, bladder cancer can go from something that is easily treated, to requiring removal of the bladder (cystectomy). Urine is then emptied in several ways, one of which is an ileal conduit (urostomy) diverting it to an external pouch the patient wears and empties several times a day. That is the basis of today’s story.”Mr. Beaver, I am a member…

(Image credit: Getty Images)A historic Great Wealth Transfer is reshaping the American landscape. Cerulli Associates projects that a staggering $124 trillion will change hands through 2048. More immediately, McKinsey estimates that over the next decade, Gen X households could inherit $14 trillion, with millennials receiving another $8 trillion.For the typical Baby Boomer or Gen X reader, these aren’t just macroeconomic headlines — they are deeply personal inflection points. You likely find yourself at a crossroads: Either preparing for a legacy that could redefine your own retirement, or staring at your balance sheet wondering how to pass the baton without tripping…

We’ve written down 20 things to know about Medigap plans.gettyI stopped by a neighbor’s house to see how things were going and the conversation quickly shifted to Medicare. (This seems to happen frequently). To address his concerns, I had to find out what type of Medicare coverage he selected. He said he has a Medicare drug plan. And my reply, “Then you probably also have a Medigap policy.”He said, “A Medi-what?” As I explained that, he had several more questions. And I know that, when one person has questions, there are many more who also have them. So here are…

Property taxes are a financial strain for many, but are one of the largest sources of funding for local governments in Ohio.These levies generate roughly $24 billion annually for local governments and help finance schools, police and fire departments, infrastructure, parks, libraries, and more in the Buckeye State.But now, a proposed constitutional amendment that organizers are trying to qualify for the November 2026 ballot would, if approved, abolish property taxes statewide, as early as next year. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4…

(Image credit: Getty Images)Business strategies, like trends, come and go. Hierarchies and debt-fueled growth were once popular until their flaws emerged.When you’re building a business, what truly lasts are the fundamental approaches that reliably deliver results and deserve every entrepreneur’s focus.Those trusted strategies aren’t flashy, and they don’t promise overnight success. They’re grounded in fundamentals: Disciplined execution, a clear understanding of customers, prudent capital use, and leadership that values long-term growth over quick wins. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues…

How much do I need to retire? That’s the “magic” question for many people. According to the 2026 Northwestern Mutual Planning and Progress Study, the average American now believes they need $1.46 million to “retire comfortably” — a 15% jump from last year.However, that number isn’t fixed. Life expectancy tables, family dynamics, cost-of-living estimates, and even the nation’s political climate can all affect your finances in retirement.But one area retirees often overlook is state-level taxation. Where you choose to park your retirement can drastically change how much you need to save. From just $107.88 $24.99 for Kiplinger Personal Finance Become…

(Image credit: Getty Images)Question: I’m a 74-year-old widower with about $1.5 million in my retirement account. About a year ago, I brought home a Chihuahua named “Peanut,” who has given me great joy and become my constant companion.Unfortunately, I can’t say the same for my two adult children, who quite honestly can’t stand Peanut. Since Chihuahuas can live up to 20 years, and I don’t trust my kids to take care of Peanut when I’m gone, I’m worried about what will happen to her. How can I make sure Peanut is cared for when I pass? I’m willing to pay…

For over 50 years, Americans have celebrated Earth Day, taking a day to remember that we have this one planet and should take care of it.There are lots of different ways to recognize Earth Day, from joining a party at a park to volunteering at a nature clean-up to turning off major appliances for the day. But, we know, it takes more than one day to look out for the planet; we have to develop certain habits and make choices every day to really have an impact.As an editor at a finance publication, I find the edicts of “green” living…

Stay informed with free updatesSimply sign up to the Energy crisis myFT Digest — delivered directly to your inbox.The energy crisis triggered by the Iran war is slowing down Europe’s ability to refill gas stores cheaply, prompting warnings of higher costs this winter that will compound the continent’s economic challenges.Summer prices have risen to winter levels, driven both by supply constraints stemming from the Middle East conflict and the EU target to fill storage supplies across the bloc to 80 per cent, according to traders and companies. “The filling of gas storages will be slower than it could be if market…

This Week In A Nutshell: Mortgage-rate volatility has moderated as the United States and Iran near a peace agreement, but succession drama at the Federal Reserve may amp up uncertainty once again as Fed chair nominee Kevin Warsh has his confirmation hearing. Upcoming Attractions   Retail sales data for March will be released on Tuesday. While it provides a key window into the financial health of consumers and is expected to strengthen marginally, the series is noisy and unlikely to move markets much. As usual for the past seven weeks, markets will be most sensitive to the outcome of the…