Archive | Finance

High fees eroding many 401(k) retirement accounts

Adding up to a modest-sounding 1 percent a year — would erase $70,000 from an average worker’s account over a four-decade career compared with lower-cost options.

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Speak Bostonian: Advice on how to find suitable housing

By Marianne Delorey © Recently, a marketing genius at the Department of Transportation got a simple message across statewide by talking to commuters in the language they understood. Signs across the state read, “Changing lanes? Use yah blinkah.” This ad campaign was so wildly popular that it was covered on the news and voluntarily spread […]

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5 signs U.S. job market finally accelerating

More workers in the prime 25- to 54-year-old age group are finding jobs. The winter freeze was less destructive to hiring than had been assumed. Layoffs have declined since February. And an increase in hours worked suggest that incomes will rise.

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Care provider goes above and beyond the call of duty

By Marianne Delorey © In the Sound of Music, the nuns sing How do you solve a problem like Maria? because Maria is not well suited to life in the Abbey. In the world of elder care, I have had a similar quandary. Although I will spare you the singing, if I could give this […]

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Know the true cost when making a decision

By Alain Valles With recent improvements made by the federal government to the reverse mortgage program, the cost of most reverse mortgages have dropped by more than 30 percent. But cost should be viewed in terms of your goal to be financially independent, stay in your home and have peace of mind about your financial […]

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Could a market decline help your 401(k)?

Money managers say take a breath — downturns could offer opportunities to strengthen your retirement savings for the long run.

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