Kiplinger's Personal Finance December 2021

Written to help you do a better job of managing your personal and family financial affairs and to help you get more for your money. You get ideas on saving, investing, cutting taxes, making major purchases, advancing your career, buying a home, paying for education, health care and travel, plus much, much more. Special issues cover the latest information about car buying (December) and Mutual Funds (March and September).

United States
9,31 $ CA(TVA Incluse)
46,59 $ CA(TVA Incluse)
12 Numéros

dans ce numéro

1 min

MAKE BUYING ONLINE EASIER Shopping from the comfort of your couch is just the start. With these browser extensions and websites, you’ll score deals and save time. 11 LOW-VOLATILITY ETFS FOR A ROLLER-COASTER MARKET If market lurches have left you queasy, these exchange-traded funds can help smooth the ride. IRS AUDIT RED FLAGS FOR RETIREES Required minimum distributions are just one of the things the IRS is looking at more closely these days. Kiplinger Today Profit from the best of Kiplinger delivered to your e-mail inbox every weekday. Sign up for our Kiplinger Today e-newsletter at FACEBOOK: KiplingerPersonalFinance TWITTER: @Kiplinger INSTAGRAM: @KiplingerFinance…

4 min
income for life

According to new life-expectancy data, overall only women, and only on average, will “break even” by delaying Social Security benefits until age 70 (“Spend Without Worry,” Oct.). I guess I am old school, as my Depression-era parents taught me that a bird in the hand is worth two in the bush. My mom lived to 72, while my dad passed away at 93. My point is that gambling that you will live past 80 in order to collect more money is just that, a gamble. The smarter move is to collect and save. I am 71 and have been collecting Social Security benefits since I was 66. I continue to save them. DAVID WESTON VIA E-MAIL I enjoyed your article on spending in retirement in the October issue. Just a note, though, that…

3 min
another kind of id theft

A couple of weeks ago I went out to fetch the mail. Among the usual stack of catalogs, card-stock ads and solicitations was an official-looking, tear-off-the-edges-to-open letter from the D.C. Department of Employment Services. It listed the last four digits of my Social Security number, my place of employment (Kiplinger) and my annual salary. I was listed as a “claimant” and my eligibility for unemployment benefits was confirmed. I was certain that a mistake had been made, but I couldn’t help feeling mildly panicked. Dennis, the parent company of Kiplinger, was recently acquired by Future PLC, an even bigger British media company. Was it possible I had been fired during the acquisition? My bosses assured me I still had a job. Our HR department investigated and reported that it looked as if…

3 min
investors: don’t abandon china

THE NEWS FROM CHINESE financial markets in recent months certainly has succeeded in grabbing headlines. China Evergrande, a domestic property giant with a towering $300 billion of liabilities, teeters on the edge of bankruptcy. A Chinese government crackdown on tech companies crushed the valuations of widely held large-capitalization growth stocks such as Alibaba and Tencent. Beijing abruptly restricted the weekly hours that young people could spend playing video games and took an axe to the fast-expanding for-profit education industry, eviscerating the market value of several listed tutoring securities overnight. It’s little wonder that investors worry about the turmoil spreading to the world’s other financial markets—or about whether to invest in the humongous Chinese market at all. But there is some good news. Despite comparisons to the bankruptcy of Lehman Brothers in 2008…

2 min
how to invest

Until now, many American investors have bought American depositary receipts of Chinese stocks. This is now a risky way to invest. U.S. regulators want Chinese companies to fully comply with U.S. auditing. But Chinese regulators are unwilling to open audits to foreign inspection—plus, they want their companies to tap domestic capital sources first. As a result, Andy Kapyrin, of RegentAtlantic Capital, thinks that Chinese ADRs run the risk of being delisted from U.S. exchanges. (In fact, this is already occurring, with the delisting of China Mobile and other Chinese telecom companies earlier this year.) The better way to invest in China these days, according to many financial advisers, is through an actively managed fund with access to Chinese “A” shares, which are stocks listed on China’s domestic exchanges. (It is extremely…

3 min
make a plan for holiday tipping

Lizzie Post is the great-great-granddaughter of Emily Post. She wrote Higher Etiquette and is coauthor of Emily Post’s Etiquette. How much should you tip, if at all? Tipping may seem optional, but it really isn’t under certain circumstances. Some people’s pay is based on the expectation that part of their income will come from tips. In the 20th edition of Emily Post’s Etiquette, we suggest 15% to 20% as a rough standard, but there are lots of situations where you can tip less, such as when you’re getting your coffee or picking up takeout. But in general, if you tip less than 15%, you should have a conversation with the manager to explain why you felt the need to tip that amount. How does tipping change around the holidays? Tipping around the…