I’m a flight attendant, I’m 61 and I want to retire at 70. I’m going to get a $900 pension a month and I’ll get Social Security, but I only have $150,000 in my 401(k). Should I get professional help?

This hostess is looking for financial help from a counselor, but how should she choose the right person? Getty Images A question: I think I need a financial advisor. I am 61 years old and plan to retire at 70. I am a flight attendant and will have a pension of just over $900 a … Read more

5 ways to look beyond your credit score to build financial stability

Approximately 30 million Americans are considered Credit is invisible, which means they have no credit scores or recent credit records. Over 60 million . have been considered thin fileThey have fewer than five credit accounts in their name. And about 30% of American consumers with active credit profiles are sub-prime, with credit scores below 620. … Read more

The stock markets have been really terrible this year – but here’s a way that can help on your next tax return

Here’s some solace to anyone who’s been attacked in the stock market this year: A battering your portfolio can provide some advantage in the upcoming tax season. It’s a strategy called “tax loss harvesting,” and as tax planning approaches the end of the year, financial experts say this backward strategy shouldn’t be limited to just … Read more

Take advantage of this great spot in the bond market now to boost your portfolio

The bond market now offers investors a sweet bargain, with short to medium maturities providing a good mix of risk and reward. When interest rates rise, bond prices fall. The longer a bond’s maturity, the more sensitive its market value is to changes in interest rates. This means that as the Federal Reserve continues to … Read more

Can’t qualify for a personal loan? 4 alternatives to try

By ANNIE MILLERBERND from NerdWallet Personal loans provide fast, unsecured money that can pay off anything from home repairs to medical emergencies. Instead of asking for collateral like a house or a car, many prefer advanced lenders with strong credit and high incomes. But what if you do not meet the requirements of the lender? … Read more

The next financial crisis may already be ripe, but not as many expect

A growing number of traders, academics and bond market experts are concerned that the $24 trillion US Treasury debt market could head into crisis as the Federal Reserve began its “quantitative tightening” on high alert this month. With the Fed doubling the pace that its bond holdings will “roll” its balance sheet in September, some … Read more

Quantitative tightening is about to intensify. What does that mean for the markets?

The Federal Reserve now owns about a third of the Treasury and mortgage-backed securities markets as a result of its emergency asset purchase to support the US economy during the Covid-19 pandemic. Two years of so-called quantitative easing doubled the central bank’s balance sheet to $9 trillion, equivalent to 40% of the country’s GDP. By … Read more