Business & Finance
Kiplinger's Personal Finance

Kiplinger's Personal Finance August 2019

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
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R 84,97
R 339,70
12 Issues

in this issue

1 min.
get more advice from kiplinger

kiplinger.com INVEST LIKE BUFFETT We explain the role of each stock—all 48 of them—in the Berkshire Hathaway portfolio. kiplinger.com/links/buffett48 EARLY RETIREMENT Planning an early retirement? We found 50 vibrant places with low cost of living and favorable state tax rules for retirees—as well as high concentrations of residents ages 45 to 64. kiplinger.com/links/early MARRIAGE PENALTY STATES Married couples may pay thousands more each year in state taxes in these 15 states, thanks to quirks in the tax brackets. kiplinger.com/links/marriagepenalty 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 kiplinger.com/links/ktoday. FACEBOOK: KiplingerPersonalFinance TWITTER: @Kiplinger…

3 min.
we’re still going strong

Maybe you’ve heard the news that Money has ceased publishing its print magazine. What may come as a surprise is that nearly 400,000 former Money magazine subscribers are now receiving Kiplinger’s Personal Finance. (If you are new to the Kiplinger family, welcome.) The shuttering of Money magazine means Kiplinger’s Personal Finance is the last monthly magazine standing in the personal finance category. What happened? Back in the 1990s, personal finance was a hot category. There were more than a dozen personal finance and investing magazines, including Smart- Money, Worth, Family Money, Individual Investor and Mutual Funds magazine. Business magazines such as Business Week, Forbes and Fortune and even lifestyle magazines began publishing financial advice, too. As with so many other facets of our lives, the internet changed the fortunes of the U.S.…

3 min.
medicare (not) for all

We have talked with folks from Canada, and the reality in countries that have a nationalized, single-payer system like Medicare for All seems to be huge waiting times for such treatments as knee- and hip-replacement surgeries (“Ahead,” June). Canadians often drive to Seattle to beat their system and get their surgeries or treatments in a timely manner. TIM SUTTON MONTROSE, COLO. Borrowing for a business. Years ago, I attempted to obtain a loan backed by the Small Business Administration and was surprised to learn that an SBA guarantee does not factor into the loan approval (“How to Make a Million [Or More!],” May). At most, it can result in a slightly better interest rate or longer payback period. Applicants must first qualify for the loan on their own and then the bank considers…

2 min.
how to dodge tech stock drama

NEWS THAT SOME OF THE country’s biggest tech titans will face more antitrust scrutiny gave their shares a shellacking recently, reminding investors that government and regulatory actions should be top-of-mind with these companies, and that investing in tech these days requires a discerning eye and nerves of steel. In June, congressional lawmakers announced a bipartisan investigation into competition in digital markets. The announcement followed news reports that the Justice Department and the Federal Trade Commission have divvied up antitrust oversight of tech’s biggest players, including Google parent Alphabet and Amazon.com, perhaps in advance of formal probes. Google already faces billions of dollars in antitrust fines in the European Union, and presidential candidate Sen. Elizabeth Warren is among those calling for breaking up big tech companies. As antitrust worries intensified, a one-day…

2 min.
giving retirement savers a boost

Tobias Read is the state treasurer of Oregon. Oregon is one of six states that require employers that don’t have a 401(k) or other retirement savings plan to offer a state-sponsored plan to their workers. How successful has OregonSaves been in encouraging more people to save for retirement? Our goal was to remove as many barriers and sources of intimidation as possible. And from that standpoint we feel we’re doing really well. As of mid June, we had close to 86,000 enrolled accounts. In a little less than two years, more than $20 million has been accumulated by these folks, and what’s especially impressive is that most of them had never saved before. Several other states are considering offering state-sponsored retirement plans. What advice do you have for them? We learned to work closely…

2 min.
401(k) accounts get personal

TARGET-DATE FUNDS HINGE on one principle: Age matters in investing. Young investors have time to recover from market downturns and can afford to take on more risk than those who are nearing retirement. With that in mind, target date fund managers shift the mix of stocks and bonds to a more conservative blend as the funds near their target year. But age isn’t everything. Women tend to live longer than men, so their money needs to last longer. Some people are better savers than others. And someone who has, say, a pension may be willing to take on more risk than someone who doesn’t. That’s the thinking behind a new, personalized investment product that some 401(k) plans now offer. In addition to age, these customizable accounts may consider salary, gender and the…