Your insurance company is raising premiums for homeowners, plus a crossword to start the day.
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October 16, 2026
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How to Turn a $1 Million Nest Egg Into a Lifetime Income Machine
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How to Turn a $1 Million Nest Egg Into a Lifetime Income Machine
Retiring means losing your paycheck. Instead of relying on a continuous source of income, you have to rely on what you have saved. But what would happen if you could turn those savings into a steady income?
 
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I'm 62, $1.5M: Can An Annuity Pay Me $9,000/Month for Life?
The 4% rule gives you about $5,000 a month from $1.5M. An annuity may pay more, for life. If your advisor isn't discussing this, it's time to ask.
 
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Banking
 
Inflation Is at 3.70%: These Savings Accounts Are Outpacing It
As the war in Iran continues, prices continue to rise, and experts estimate that by the end of the year inflation will be around 4.0%. For many consumers, the need to protect both savings and assets from rising costs is a top priority. These savings accounts may offer you a safety net.
 
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In Case You Missed It
 
When the Biggest Social Security Check Is Not the Best Choice
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When the Biggest Social Security Check Is Not the Best Choice
Even for the financially savvy, navigating Social Security comes with its challenges. An accountant's plan to return to Mexico shows why a claiming decision should begin with the life the money needs to support.
 
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Personal Finance
 
Are You Middle Class?
In 1971, 61% of American adults were members of the middle class, by 2021, that number was down to just 50%. As the middle class continues to shrink, it may be time to consider whether or not this label is still right for you.
 
Find Your Class
 
 
 
 
 
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Ask a Pro: "I'm 65 With $1.1 Million in My 401(k) and IRA and a $2,800 Social Security Check. What's My Retirement Budget?"
Even a well-funded portfolio can face challenges if withdrawals, taxes and spending aren't carefully coordinated. A fiduciary advisor can help you build a tax-aware retirement budget that acounts for these factors. Find and compare vetted fiduciary advisors serving your area.
 
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Sponsored Content from Invest for Retirement
 
Build Retirement Wealth – Free Email Course
You can live a richly rewarding life, and still be sure you'll never run out of money in retirement. Sign up today for Kiplinger's Invest for Retirement. It's your step-by-step guide to everything from devising a successful strategy, to exactly which investments to choose. Sent weekly for six weeks. Sign Up
 
 
 
 
Insurance
 
State Farm is Raising Homeowners Insurance Rates Again. Could Your Premiums Be Next?
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State Farm is Raising Homeowners Insurance Rates Again. Could Your Premiums Be Next?
Illinois homeowners face another insurance rate increase after a 27% jump last year. Here's what's driving higher premiums and how to protect your budget.
 
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Games & Quizzes
 
Today's Free Mini Crossword
Take a break and play today's mini crossword. There's a new free mini puzzle to test your wits every day.
 
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The Healthcare Costs Worth Planning For
You can prepare for healthcare without predicting every expense. See how retirement costs, ongoing care and unexpected needs can fit into a more resilient financial plan.
 
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