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Tag Archives: $500000

Top Ten: Weekend reads: $500,000 and a retirement problem

ISTOCK/GETTY IMAGES Everybody’s financial scenario heading into retirement is different. This encompasses more than levels of savings or income — emotions come into play. What if you are afraid to invest your money? This may be a difficult scenario when banks are paying very little interest on deposits. Alessandra Malito …

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Economic Report: As many as 500,000 were furloughed without pay in the U.K. in May

A sign informing shoppers that the shop is temporarily closed is displayed outside a John Lewis store in Oxford Street, central London on July 2, 2020. (Photo by Ben STANSALL / AFP) (Photo by BEN STANSALL/AFP via Getty Images) ben stansall/Agence France-Presse/Getty Images Between 450,000 and 500,000 people were furloughed …

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Upgrade: I’m 59, and my husband and I earn $500,000 a year — but have credit card debt and nothing saved for retirement. What should we do?

Dear Catey, My husband is 65 and a lawyer and partner in his firm with a thriving practice; I am 59 years old. We have three children (more on that below), and I was fortunate to be a stay-at-home mom. I now work part time, which is essentially just “play” …

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