Personal Finance

How To Handle Manipulative Aging Parents: Guilt, Money, And Power

Helping aging parents can be a difficult journey as they age. Some elders are relatively simple, though always work, while other families experience a minefield

News Room News Room 7 Min Read

Your best advisor to finance and money management.

Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.

Latest News

A Fun Way To Help Your Retirement Over The Holidays

The approaching holidays provide a great opportunity to gain valuable insights that will help you better plan your retirement. Instead

News Room News Room

Business Development For Financial Advisors: From Necessary Evil To Integrated Strategy

I’ve been in the financial advisory business for roughly 28 years—and for 28 of those years, I’ve had a challenging

News Room News Room

Inherited IRA Rules That Can Surprise And Trap Heirs

Congress and the IRS made inheriting an IRA a very complicated, confusing event. Inherited IRAs are accompanied by a host

News Room News Room

Your Life Can’t Wait! Learn To Decumulate.

If you’ve never encountered the term “decumulation,” you’re probably asking, “Decumu-what???” For most of your investing life, you’ve been focused

News Room News Room

New York Republican proposes to slash student loan interest rates

With President-elect Trump set to return to the White House in January, the sun appears to be setting on the

News Room News Room

McLaren's Zak Brown, Mastercard's Raja Rajamannar tout partnership ahead of Las Vegas Grand Prix

McLaren Racing Formula 1 Team and Mastercard officially launched their partnership on Thursday ahead of practice for the 2024 Las

News Room News Room

How To Have Difficult Conversations With Stubborn Aging Parents

Holidays may bring you into face-to-face contact with your aging parents and other loved ones. Maybe you’ve been meaning to

News Room News Room

Mortgage rates rise after home sales jump in October

Mortgage rates climbed closer to 7% this week while sales of existing homes saw a revival from a dip in

News Room News Room

Ex-Spousal Benefits: What ‘Independently Entitled’ Means

Spousal benefits are commonly called family benefits; benefits available to family members. Let’s start with spousal benefits in order to

News Room News Room

California Ended Its Medicaid Long-Term Care Asset Test. What Happened?

This year, California took the second of two steps to allow residents with unlimited assets to participate in its Medicaid

News Room News Room

Making Friends After Retirement, According To Dr. Ruth

After retirement, people have self-reported that they miss the people more than the position or money. Not only are they

News Room News Room

Is a retirement savings crisis looming?

Tens of millions of private-sector workers lack access to a retirement savings plan through their employer, which experts at the

News Room News Room

The C.S. Lewis Quote That Could Transform Your Financial Future

Some of the most profound truths are those, once revealed, that seem self-evident. And that may also be the most

News Room News Room

Plan For Retirement Beyond Your Go-Go Years

If you’re approaching retirement or have recently retired, it’s only natural that you’re looking forward to your newfound freedom. You

News Room News Room

Gobble up savings: Smart tips to cut costs this Thanksgiving

'Tis the season to gather and give thanks without breaking the bank.  High grocery prices and travel expenses may threaten

News Room News Room

Choose Your Medicare Open Enrollment Advisor Carefully

It’s Medicare Open Enrollment Period. As I wrote earlier, Open Enrollment this year is unusually important because of significant changes

News Room News Room

Get approved for apartment as first-time renter with these tips

If you are renting an apartment for the first time, there are likely many questions swirling in your mind.  You

News Room News Room

4 Things Everyone Must Know To Control Finances For Aging Parents

Most of us recognize that legal means exist to assume control over an aging parent’s finances when their health declines.

News Room News Room