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mpsmartasset

14 posts
PPersonal finance
‘I could have done without those 2 things.’ I used to like my adviser, but here’s what he did. Now I feel his 0.9% fee isn’t worth it and it’s a ‘little scary to leave him’
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‘I could have done without those 2 things.’ I used to like my adviser, but here’s what he did. Now I feel his 0.9% fee isn’t worth it and it’s a ‘little scary to leave him’

  • January 25, 2026
Question: “I really liked my financial adviser. He was good, but after a few years managing both my…
PPersonal finance
‘I have nothing of value.’ I’m 62 and a cancer survivor who rents her home and has credit card debt. When I die, what will my two daughters have to pay for?
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‘I have nothing of value.’ I’m 62 and a cancer survivor who rents her home and has credit card debt. When I die, what will my two daughters have to pay for?

  • January 16, 2026
Question: “I’m 62 years old and I have no estate and nothing of value. I rent my home…
PPersonal finance
‘We’re not happy.’ My wife and I are retired in Wisconsin with two pensions and $75K+ annual income. But our retirement funds dropped $45K this year. Help.
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‘We’re not happy.’ My wife and I are retired in Wisconsin with two pensions and $75K+ annual income. But our retirement funds dropped $45K this year. Help.

  • January 14, 2026
Question: “My wife and I are both retired in Wisconsin and we’re both collecting Social Security. I have…
PPersonal finance
‘We struggle.’ We’re 66, active and ready to retire — but we want out of Florida and California is too expensive. What’s our move?
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‘We struggle.’ We’re 66, active and ready to retire — but we want out of Florida and California is too expensive. What’s our move?

  • January 13, 2026
Question: “My husband and I are a young 66. We are very active and preparing for retirement. We…
PPersonal finance
I’m 50 and I want to retire at 60. What should I be doing 2, 5 and 10 years out? When is the right time to hire an adviser?
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I’m 50 and I want to retire at 60. What should I be doing 2, 5 and 10 years out? When is the right time to hire an adviser?

  • January 10, 2026
Question: “I just turned 50 and am planning to retire when I’m 60. I need advice on my…
PPersonal finance
We’re 74, retired and have $100K saved. We get $3.4K per month in income, but we still owe $250K on our house. Should we use a $150K inheritance to pay that off?
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We’re 74, retired and have $100K saved. We get $3.4K per month in income, but we still owe $250K on our house. Should we use a $150K inheritance to pay that off?

  • January 7, 2026
Question: “We are 74 years old and retired. We have an income of $3,400 a month and we…
PPersonal finance
Death, disability, lawsuits: The 8 life events financial advisers say clients are least prepared for
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Death, disability, lawsuits: The 8 life events financial advisers say clients are least prepared for

  • January 7, 2026
Americans are often ill-prepared for life’s toughest moments — including death and health calamities. For example, fewer than…
PPersonal finance
We’re 74, retired and have $100K saved. We get $3.4K per month in income, but we still owe $250K on our house. Should we use a $150K inheritance to pay that off?
Read More

We’re 74, retired and have $100K saved. We get $3.4K per month in income, but we still owe $250K on our house. Should we use a $150K inheritance to pay that off?

  • January 6, 2026
Question: “We are 74 years old and retired. We have an income of $3,400 a month and we…
PPersonal finance
‘Where should I turn?’ My 401(k) has lost 23% in the past few years and now I only have $200K. What did I do wrong?
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‘Where should I turn?’ My 401(k) has lost 23% in the past few years and now I only have $200K. What did I do wrong?

  • January 5, 2026
Question: “My current 401(k) is only worth about $200,000 and I’ve lost about 23% in the last couple…
PPersonal finance
‘Incompetent, lazy and hypocritical.’ I’m 55, single and maybe want to retire early, but after interviewing some advisers, I feel many are bad — and one ghosted me. What gives?
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‘Incompetent, lazy and hypocritical.’ I’m 55, single and maybe want to retire early, but after interviewing some advisers, I feel many are bad — and one ghosted me. What gives?

  • January 3, 2026
Question: “I have had dealings with a number of financial professionals and this latest experience does nothing to…
PPersonal finance
5 types of people who might need a financial adviser in 2026 — and those who don’t
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5 types of people who might need a financial adviser in 2026 — and those who don’t

  • January 3, 2026
You might be unsure if you actually need guidance from a financial professional. More than 40% of U.S.…
PPersonal finance
‘He had an affair, divorced me and left me broke.’ I’m 63 and got a $100K inheritance that my boyfriend quickly spent. Now I have just $800 a month in Social Security. Help.
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‘He had an affair, divorced me and left me broke.’ I’m 63 and got a $100K inheritance that my boyfriend quickly spent. Now I have just $800 a month in Social Security. Help.

  • December 31, 2025
Question: “I am 63 and took Social Security early. My father left me a $100,000 inheritance for my…
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