Money Management

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Turning 65 brings access to senior discounts galore, but there is no benefit of senior citizenship quite like Medicare. The federal program extends subsidized health insurance primarily to folks age 65 and older. But while Medicare coverage comes with numerous freebies, it is hardly free. Medicare beneficiaries pay into the system via taxes withheld from their pay during their working years.

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Prepare for a big drop in home prices in 2023. That is the message from Mark Zandi, Moody’s Analytics chief economist. He recently told Fortune that home prices are likely to decline by 10% nationwide. When seasonally adjusted, U.S. home prices sank 2.2% between June and September, placing that period in a tie for the second-biggest home price correction since World War II, according to Fortune.

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A scammer’s best friend is a sense of urgency. If they can get you to do something before rousing suspicion, whether you eventually uncover the scam doesn’t really matter — it’s already too late to stop it. The danger can be in something as simple as clicking a link inside an email. And that email might look like it’s from your bank, your boss, an old coworker or your phone company.

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What happens if your investments are down just as you’re heading into retirement? The nest egg you’ve been building for decades could have taken a major hit, and pulling it out now locks in that loss. The advice to delay taking Social Security as long as possible can be a good strategy for people without other savings if they are still able to work. But if you have retirement savings and no…

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Editor’s Note: This story originally appeared on The Penny Hoarder. Thanks mostly to Jack Sparrow, we have come to romanticize the idea of pirates. But pirates are thieves, and they do not work exclusively on sailing ships or in port towns. They operate in your neighborhood as porch pirates, who steal packages dropped off by popular delivery services such as Amazon, Walmart and other big retailers.

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Buying store-brand products is always a smart, money-saving move. But it becomes even more important during times of inflation like today. However, some people are reluctant to buy store brands because they worry the quality won’t match that of brand-name products. In fact, Consumer Reports recently surveyed around 2,500 adults and found that 43% said they only occasionally or never buy store…