Personal Finance Advice and Commentary

Tuesday, January 27, 2015 5:00 pm
By Dr. Don Taylor · Bankrate.com

Seniors can have a power of attorney in place, a health care directive and a will, but all of that planning can be overturned by a guardianship being established by a nursing home.

Monday, January 26, 2015 6:00 pm
By Dr. Don Taylor · Bankrate.com

For those who can afford to do so, stop leaving investment returns behind by making both the 2014 and 2015 IRA contributions by April 15.

Thursday, January 22, 2015 7:00 am
By Dr. Don Taylor · Bankrate.com

The HECM program was designed to allow seniors to purchase a new principal residence and obtain a reverse mortgage within a single transaction.

Friday, January 16, 2015 6:00 am
By Dr. Don Taylor · Bankrate.com

There are times when car leasing makes sense, and a low mileage lease in retirement may be one of those times.

Wednesday, January 14, 2015 7:00 am
By Dr. Don Taylor · Bankrate.com

Renting versus buying is another decision. What’s available and affordable in the area where you decide to live is a consideration.

Tuesday, January 13, 2015 6:00 pm
By Dr. Don Taylor · Bankrate.com

Investors can use a trailing stop that follows the stock price higher. A trailing stop can be set either as a percent or a dollar price.

Friday, January 09, 2015 7:00 am
By Dr. Don Taylor · Bankrate.com

If your children moved away from where they were raised, you may want to consider following them in retirement.

Thursday, January 08, 2015 10:00 am
By Dr. Don Taylor · Bankrate.com

With the exception of activist investors who take large positions in a company’s stock, what happens in the stock price doesn’t have anything to do with the fact that you own a few of its shares.

Wednesday, December 17, 2014 9:25 am
By Dr. Don Taylor · Bankrate.com

A $1 donation to the Supplemental Nutrition Assistance Program (SNAP) provides up to $60 in benefits to seniors.

Tuesday, December 16, 2014 3:00 pm
By Dr. Don Taylor · Bankrate.com

The Fed is likely to modify the phrasing of its policy statement to signal that an increase in the targeted federal funds rate is not a “considerable time” off in the future.

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