Kiplinger Today editorial digest

Your insurance company is raising premiums for homeowners, plus a crossword to start the day. Created for you@example.com | Web Version October 16, 2026 FOLLOW US: SIGN UP ⋅ WEBSITE Featured (Getty Images) 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? Start Earning ADVERTISEMENT 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. Learn More 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. Protect Your Savings NEXT READ: How to Use CDs Now: Short-Term vs Jumbo vs No-Penalty In Case You Missed It (Getty Images) 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. Read More 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 NEXT READ: Best States for Middle-Class Families Who Hate Paying Taxes in 2026 ADVERTISEMENT 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. Take matching quiz 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 (Getty Images) 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. Are You At Risk? 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. Play Now ADVERTISEMENT 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. Learn More MORE FROM KIPLINGER Don't miss our other free newsletters on everything from shopping and saving, to investing, taxes, retirement and more. Plus, get a free issue of Kiplinger Personal Finance magazine in our app. No download required! Visit the Kiplinger Store for money-saving offers to help you build wealth, cut taxes, and retire rich. And check out our corporate subscription rates for businesses and organizations. Follow Kiplinger Contact Us: Feedback | Advertise Sign Up | Print Publications | Unsubscribe Privacy Policy | Cookies Policy | Terms and Conditions When you purcha