When it comes to money, as with many things, men and women approach the topic differently. Though traditional gender roles are changing, many opposite-sex couples still adhere to them, with men generally taking the lead on finances and women taking a less active role. That’s according to a recent study from UBS Global Wealth Management,
Denver, Colorado topped the list for high-earning renters. Getty The high-earning renter segment is growing rapidly according to a recent report from Apartmentlist.com. The higher-earning renter household ($100,000 annual earnings) is the “fastest growing segment of the U.S. housing market,” according to the report. Between 2008-2017, there were close to 2 million high-earning households to
For the last two years, Scott Gottlieb missed a lot of time with his wife and three daughters — back-to-school nights, school plays and parent-teacher conferences. He loved his job running the Food and Drug Administration, but hated leaving his wife Allyson, nine-year-old twins and five-year-old in Connecticut every Sunday to head to Washington, DC.
Take steps to stop elder abuse, inheritance extortion, and similar fraud. Getty People are aging and the incidence of elder financial abuse, and the permutations it can take are growing as well. There is lots of talk of these issues but what you need to do, for yourself if applicable or for loved ones that
We hear a lot about the retirement crisis in America. With a decline in pension availability and concerns about the long-term viability of Social Security, the burden of saving for retirement rests squarely on the shoulders of individuals. According to EBRI, only 17 percent of American workers are very confident they will have enough for
Getty It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim home office expenses or whether to deduct a capital loss under the new law, you won’t want to miss a single letter. Q is for Qualified Business Income.
By Claire Zulkey, Next Avenue Contributor Young families and first-time home buyers opt to move to the suburbs for similar reasons: peace, quiet and more space. However, choosing a suburb when you’re downsizing or empty nesting is wholly different, with its own set of priorities. In your 50s or 60s, accessibility to a premier school district
Portrait of Princess Lee Radziwill, sister of Jackie Kennedy. Getty The recent passing of Lee Radziwill was the end of an era. From her iconic fashion sense to her family pedigree, Radziwill lived a unique American life. Through all the ups and downs, she always reflected poise and style. As her will is probated in
Betting on Wells Fargo might not be a safe bet, according to one strategist. The stock caught Wall Street’s attention Thursday following the company’s announcement that CEO Tim Sloan was retiring effective immediately. Shares initially surged on the news in after-hours trading before reversing and shedding over 1.5 percent in Friday’s session. But even these
Listed for $5.2 million, Nantucket Lightship was converted into a luxury yacht residence with a bright red hull and custom wood interiors. Courtesy of William and Kristen Golden Who wouldn’t want to live on Nantucket? It’s uniquely blessed with galvanizing ocean waves, phenomenal whale watching and mesmerizing sunsets. Nantucket Lightship has served the USA well
South Church Zuiderkerk and old Houses over canal with boats with tulips, Amsterdam, Netherlands Getty Amsterdam had three large real estate bubbles from 1582 to 1810. The real estate market was entirely different 200-400 years ago but those Amsterdam bubbles shared at least two similarities with modern real estate bubbles. Changes in the amount of
Things are looking uncertain for filers hoping to get a break on their 2018 federal taxes by contributing to state-run charitable funds. The Tax Cuts and Jobs Act, which went into effect last year, limited to $10,000 the state and local tax (SALT) deduction filers can claim on their federal returns. And only taxpayers who
While Lyft was preparing to go public this week in an IPO valuing the rideshare company above $20 billion, Facebook was preparing for something else: a lawsuit from the federal government over discriminatory housing ads. That probably wasn’t in the minds of investors back in 2012 when the social network was the Silicon Valley start-up
(AP Photo/Bullit Marquez, File) ASSOCIATED PRESS America has assured the Philippines that it would come to that nation’s defense if it comes under attack in the South China Sea. That’s according to reports in early March, when Washington reaffirmed a defense code that Manila has sought to revise. And it’s something that could deter China’s aggression in the South
The terms “wealth management” and “viral sensation” are rarely used in the same sentence. Andy Rachleff, co-founder of the robo-advisor Wealthfront, is betting his retirement years he can change that. After a career spent investing in Silicon Valley start-ups, Rachleff is looking to take robo-advising the way of household tech names like Netflix. He and
Brazilian stocks are off to a solid start in 2019, but whether they can continue to climb depends on one major policy shift: reforming Brazil’s overcrowded public pension system. Brazil’s benchmark stock index — the Bovespa — reached an all-time high earlier this month and is up 8.6 percent for the year. The most widely
Getty It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim home office expenses or whether to deduct a capital loss under the new law, you won’t want to miss a single letter. P is for Pass-Through Deduction. Perhaps
Tucked away in President Donald Trump’s 2017 tax cut was a little discussed provision that allows investors to potentially save big on capital gains. By investing in underserved rural and urban communities called “opportunity zones,” investors can defer or even avoid capital gains taxes on asset sales. These risk zones represent a potential windfall for
College is expensive, but there is one place in higher education where there’s no shortage of money — endowments. There’s more than $616 billion worth of endowments assets in the U.S. Most of that endowment wealth lies with a few affluent schools, such as Harvard with its $39.2 billion. Lawmakers are starting to question why
CNBC’s Jim Cramer reminded investors not to step into a battleground stock, a situation where passionate bears are in a standoff with passionate bulls and there’s no where to go. “When you get a situation like Monster where a stock keeps getting mauled by the bears, but a couple of heroic analysts remain bullish, that’s
Pinterest Co-founder Evan Sharp was added to the company’s board of directors this month, according to a company filing on Friday. The addition comes in an update to Pinterest’s IPO paperwork with the SEC, exactly one week after the company’s first public filing. It means the company now has two insiders on its board —
Tim Sloan’s decision to step down as chief of Wells Fargo hinged in part on a looming congressional committee meeting on banks next month, CNBC’s Jim Cramer said Friday. The top brass of the big banks will be in Washington, D.C., on April 10 for the House Committee on Financial Services hearing on banks. The
For aging parents who had a measure of financial success, real estate investments are not unusual. Their portfolios can include single family rental homes, apartment buildings or commercial entities. When they were younger, many of these seniors took pride in managing these investments themselves. But time can take its toll. We are seeing age-related problems
Lyft’s $87 opening price is a “win for the system,” even though it may have been a loss for investors that were overeager, CNBC’s Jim Cramer said Friday. “I cannot stress this enough: we’re at the start of an IPO season that looks on track to bring a trillion dollars’ worth of companies public,” the
Elderly couple cheerfully feeding each other during a meal in a restaurant. Getty Determining the amount you need to save for retirement is a daunting task. It’s impossible to predict future life events and associated expenses, so future retirees often rely on general expense or portfolio withdrawal “rules” to make educated guesses about their needs.
Prince Harry, the Duke of Sussex and Meghan Markle, the Duchess of Sussex, at Royal Ascot (Day One) at Ascot Racecourse, June 19, 2018, Berkshire, England, U.K. (Photocredit: STAR MAX/IPx). The Duchess of Sussex, aka Meghan Markle, is watching her popularity and acceptance sinking, possibly taking the British Royal Family with her. Apparently, the way
The public markets have been “hot” this year, but Casper CEO Philip Krim isn’t saying if his company is going to jump aboard. “I am excited that the IPO market is doing well,” he said in an interview with CNBC’s “Closing Bell” on Friday. Krim said “no comment” when asked about a Reuters report that
Stocks head into the second quarter propelled by the best quarter in nearly a decade as the long tepid IPO market starts to simmer again. But the markets also face a reality check in the week ahead with some key data that could help clarify whether the economy is losing steam or just stumbling through
A New York county’s ban on unvaccinated minors in public is working, an official told CNBC on Friday. Rockland County Executive Ed Day said more than 500 immunizations have been administered since he announced the ban on Tuesday. “We’ve gotten their attention,” he said in an interview with “The Exchange.” And that was the point.