Terry Savage: The dangers of debt
Letâs stop ignoring $1.3 trillion in credit card debt owed by millions of Americans
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![On average, women live longer than men. It’s an actuarial fact known by every insurance company and financial planner. At age 65, the life expectancy of a woman is 20 years, while men at the same age have a life expectancy of 17 years. So, it stands to reason that the 2020 Census Bureau reports […]](https://www.chicagotribune.com/wp-content/uploads/2024/02/202401171557TMS_____HEADSHOT_Terry-Savage_4258af.jpg?w=136 "On average, women live longer than men. It’s an actuarial fact known by every insurance company and financial planner. At age 65, the life expectancy of a woman is 20 years, while men at the same age have a life expectancy of 17 years. So, it stands to reason that the 2020 Census Bureau reports […]")
Terry Savage: A widowâs guide to financial recovery
On average, women live longer than men. It’s an actuarial fact known by every insurance company and financial planner. At age 65, the life expectancy of a woman is 20...
Terry Savage: Women are wielding financial power more than ever
More and more women are taking the lead in family finances. Proof comes in the latest Allianz Life âWomen, Money and Powerâ study, an ongoing survey of womenâs priorities and...
Terry Savage: You can’t plan a retirement without understanding longevity
Hereâs a personal question: How long do you think youâll live? Most people will roll their eyes, believing that only a higher power has the answer to that question.
Terry Savage: Insurers’ losses to squeeze Advantage plans
Medicare Advantage is causing huge losses for insurers like Humana, which recently reported a surprising loss, attributed to higher than anticipated spending in Advantage plans.
Terry Savage: Will rate cuts keep stocks soaring?
The good news is in the headlines. On the same day that the S&P 500 stock index hit all-time highs, consumer confidence (the University of Michigan's consumer sentiment index) climbed...
Terry Savage: Is Bitcoin for you?
Bitcoin is making headlines, as the regulators have finally approved a way to "invest" that doesn't require a crypto wallet, an unregulated "exchange" intermediary and a "crypto key" that might...
Terry Savage: Prepare for FAFSA headaches
There's a problem with FAFSA. If you're a high school senior now applying for college, you should already be in the process of applying for financial aid. In fact, as...
Terry Savage: Top 10 money things to do right now
You started the year with such good intentions. But did you write down the most important things to accomplish in 2024, financially. Did you set some goals? Or were those...
Terry Savage: How to protect yourself from fraud
Don't count on your bank to replace your money if you've been taken by a scam. It all depends on the bank's investigation of how the money was removed. And...