consulting

'The weight of this debt is crushing': I'm 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off?

‘What are the chances? I retire and the stock market crashes. All my plans are upside down.’ I want to draw on my 401(k) to renovate my new home. What options do I have?

Dear Quentin, I’m due to retire in two months and I have already moved to my new home in the sun. I have not sold my apartment in a major U.S. metropolitan area on the east coast, as I wanted to see how I settled into my new life. It’s a quiet, but beautiful city …

‘What are the chances? I retire and the stock market crashes. All my plans are upside down.’ I want to draw on my 401(k) to renovate my new home. What options do I have? Read More »

'The weight of this debt is crushing': I'm 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off?

‘We were surprised and appalled’: My wife and I enrolled our terrier, Spencer, at puppy day school. They used electric-shock collars. Should we ask for a refund? Or threaten to sue?

My wife and I adopted a terrier during the pandemic. It was the best decision we ever made, aside from getting married. But this is a close second.  We had some minor issues with Spencer — named after the late Diana, one of my wife’s favorite royal figures — “escalating the play,” according to one …

‘We were surprised and appalled’: My wife and I enrolled our terrier, Spencer, at puppy day school. They used electric-shock collars. Should we ask for a refund? Or threaten to sue? Read More »

'Pay is the No. 1 reason people decide to take a job or leave a job': Will record-high inflation push more people to go back to work?

‘Pay is the No. 1 reason people decide to take a job or leave a job’: Will record-high inflation push more people to go back to work?

Labor costs are driving up inflation. But will inflation also drive more people back to the workforce? The annual rate of inflation slowed to 8.3% in April from 8.5% the previous month, helped by a fall in gasoline prices, but consumers still face rapidly rising costs. The March reading was the highest since 1981. The …

‘Pay is the No. 1 reason people decide to take a job or leave a job’: Will record-high inflation push more people to go back to work? Read More »

America split itself into tribes over abortion, climate change and immigration, Harvard professors say

America split itself into tribes over abortion, climate change and immigration, Harvard professors say

New research from Harvard University economists looks at political polarization in response to wealthy Americans prioritizing moral issues, even if these moral issues are split along party lines. The paper was released on Monday, hours before Politico reported that the U.S. Supreme Court appears set to strike down the landmark Roe v. Wade decision. The …

America split itself into tribes over abortion, climate change and immigration, Harvard professors say Read More »

I’m 60 and a single mother. My daughter, 17, has a developmental disability. How do I make sure she’s taken care of after I’m gone?

I’m 61, left my job due to medical reasons, and made $150,000 from the sale of my home. I’d like to work for at least another 5 years. Can I still retire? If so, how?

Dear Quentin, I recently sold my house and had to leave my job due to a medical issue that was easily resolved, and I am now fine. I have approximately $150,000 in my checking account from the sale of my house. I am unsure what to do with this and have considered contacting a financial …

I’m 61, left my job due to medical reasons, and made $150,000 from the sale of my home. I’d like to work for at least another 5 years. Can I still retire? If so, how? Read More »

'The weight of this debt is crushing': I'm 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off?

‘I feel deceived’: After 20 years of paying my student loan, I discovered I don’t qualify for forgiveness. My loans total $167,000. What can I do?

I took out loans for professional/graduate school during the years 1993 to 1996. I took out about $54,000 in loans. In 2002, I consolidated all my federal loans. The balance is approximately $167,000. I have been paying between $350 and $1,100 per month for the last 20 years.  I believed that I was under an …

‘I feel deceived’: After 20 years of paying my student loan, I discovered I don’t qualify for forgiveness. My loans total $167,000. What can I do? Read More »

'The weight of this debt is crushing': I'm 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off?

‘The graveyard shift is the most understaffed:’ I wait tables on the Las Vegas Strip. Our drunk customers often don’t tip. How can I persuade my boss to add a service charge?

Dear Quentin,  I currently work at a fast-casual restaurant on the Las Vegas Strip. I have worked at the company for three years. I work at the busiest outlet of this restaurant in the world. During the slow winter months, this restaurant makes an average of $130,000 a week. During the summer months, we make …

‘The graveyard shift is the most understaffed:’ I wait tables on the Las Vegas Strip. Our drunk customers often don’t tip. How can I persuade my boss to add a service charge? Read More »

The U.S. city where property taxes rose the most last year will likely surprise you

The U.S. city where property taxes rose the most last year will likely surprise you

Today’s home buyers could be in for a shock when the tax man comes calling. In 2021, around $328 billion in property taxes were imposed on single-family homes across the country, according to a new report from real-estate analytics company Attom Data Solutions. Growth in property taxes decelerated last year, despite the run-up in property …

The U.S. city where property taxes rose the most last year will likely surprise you Read More »

'The weight of this debt is crushing': I'm 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off?

‘The weight of this debt is crushing’: I’m 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off?

I have not seen anyone address student-loan debt for people over 70 years of age. I am a 74-year-old retired speech-language pathologist with a student-loan debt of $200,000.  I’m on a fixed income, and the weight of this debt is crushing even with income-based repayment. I have no hope of ever repaying this debt. Shouldn’t there be an …

‘The weight of this debt is crushing’: I’m 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off? Read More »