MARKET

I’m 59. My wife and I bought a second home for $484,000 at 6.2% interest. Will this be a drain on our retirement?

“I earn an annual salary of $116,000. My wife’s annual income is about $55,000.” Source link

MARKET

UniCredit $40 billion offer for Germany’s number-two bank comes with unusual twist — it expects to fail

UniCredit’s bid to buy Germany’s second-largest bank took another step forward on Monday after it said will launch a bid at a 4% premium. Source

MARKET

‘I’m experiencing issues with arthritis’: I’m 68 with $3 million saved. Why am I not ready for a life of leisure?

“I can draw $4,300 a month in Social Security if I retire this summer.” Source link

MARKET

This little-known energy company’s stock is rallying as Trump invokes 1950 powers for offshore California drilling

Trump’s executive order opens the door for Sable Offshore’s production in Southern California. Source link

MARKET

‘Healthcare is important to me’: I’m worried about relocating to Florida from New Jersey. Are hospitals there under stress?

“The issue is not the weather, high insurance premiums or high maintenance fees.” Source link

MARKET

‘I have no savings’: I’m inheriting $400,000. I’m 64 with $900 in Social Security. What should I do?

“I have no experience with any life other than paycheck to paycheck.” Source link

MARKET

Obamacare enrollment is plunging as costs soar, pushing down stocks like Centene

Americans are opting out of the Affordable Care Act, and health insurance companies are taking a financial hit. Source link

MARKET

‘I promised my parents’: I take care of my brother who is developmentally disabled. I’m now retired. Am I doing enough?

“I have $560,000 in my IRA, $125,000 in stocks and $50,000 in savings.” Source link