Retiring abroad could lower your cost of living, experts say

Mario Martinez | Moment | Getty ImagesSeniors looking to reduce expenses while also boosting their quality of life may find the idea of settling abroad appealing, financial experts say.To that point, nearly one-third of retirees have relocated either domestically or outside the country after leaving the workforce, according to...

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President Biden floats $10,000 first-time homebuyers tax credit

Cavan Images | Cavan | Getty ImagesPresident Joe Biden has floated plans to address the country's affordable housing issues, including new tax breaks for first-time homebuyers and "starter home" sellers. However, experts have mixed opinions on the proposals."I know the cost of housing is so important to you," Biden...

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Here’s how self-made millionaire Vivian Tu created wealth

Vivian Tu.Photo: Heidi GutmanBuilding wealth and saving for retirement can be more difficult for women facing challenges such as lower wages despite their increasing levels of education.An early-career mentor sparked a mindset shift for Vivian Tu, the founder of Your Rich BFF, who became a self-made millionaire by age...

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H&R Block used deceptive marketing, wiped tax filer data, FTC alleges

An H&R Block tax preparation office is seen on Flatbush Avenue in the Prospect Heights neighborhood of Brooklyn in New York City on Feb. 6, 2024.Michael M. Santiago | Getty Images News | Getty ImagesAfter cracking down on TurboTax maker Intuit, the Federal Trade Commission has filed an administrative...

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Spot bitcoin ETF approval is approaching, experts say. What to know

Wael Alreweie | Istock | Getty ImagesBitcoin investors are eagerly waiting for regulators to approve the first U.S. spot bitcoin exchange-traded fund, which could be significant for cryptocurrency investors, experts say.Last week, the price of bitcoin notched an 18-month high, climbing to $37,970, after BlackRock took first steps toward...

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How to prepare for the ‘survivor’s penalty’ before a spouse passes

Nosystem Images | E+ | Getty ImagesMany older women outlive their spouses and may not expect higher future taxes after suffering from the loss. But there are ways to prepare, according to financial experts. American women have a significantly higher life expectancy than men, according to data from the Centers...

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