Tagged: retirement

“I don’t feel wealthy”: The upper middle class is worried about paying for the tax overhaul

“I don’t feel wealthy”: The upper middle class is worried about paying for the tax overhaul

Mishoe is the type of person – affluent enough for an annual family vacation but not enough for a boat or second home – who potentially stands to lose under the Republican framework for changing the country’s tax code, which threatens to eliminate or deeply cut deductions for mortgage and student loan interest and state and local taxes.

Homebuilders gloomy, asset managers relieved over tax plan

Homebuilders gloomy, asset managers relieved over tax plan

Proposed changes in the GOP tax plan could affect homeowners in more expensive neighborhoods and car buyers interested in electric vehicles.

Wildfires worsen housing crunch in famously costly Bay Area

Wildfires worsen housing crunch in famously costly Bay Area

Even before fire wiped out the home she rented for 17 years, Suzanne Finzell had thought about leaving this city on the edge of the San Francisco Bay Area because of rising prices. A spike in housing and other living costs had driven her friends to Nevada and Oregon.

Colorado’s growing pains: From roads to water, here are 5 key issues as the state’s population swells

Colorado’s growing pains: From roads to water, here are 5 key issues as the state’s population swells

The mixed feelings about Amazon choosing Denver underscores the depths to which Coloradans are growing wary of the growing costs of the state’s prosperity.

Colorado’s growing pains: From roads to water, here are 5 key issues as the state’s population swells

Colorado’s growing pains: From roads to water, here are 5 key issues as the state’s population swells

The mixed feelings about Amazon choosing Denver underscores the depths to which Coloradans are growing wary of the growing costs of the state’s prosperity.

Home rebuilding: A long and costly burden for storm victims

Home rebuilding: A long and costly burden for storm victims

With floodwaters nearing knee height, Arlene Estle fled to the upstairs of the Houston house where she’s lived for 50 years and raised four children. It was many hours later before her son-in-law arrived by boat to rescue her.

Home rebuilding: A long and costly burden for storm victims

Home rebuilding: A long and costly burden for storm victims

With floodwaters nearing knee height, Arlene Estle fled to the upstairs of the Houston house where she’s lived for 50 years and raised four children. It was many hours later before her son-in-law arrived by boat to rescue her.

These are the Colorado counties where seniors living off Social Security can best cover living expenses

These are the Colorado counties where seniors living off Social Security can best cover living expenses

Custer, Mineral and Ouray counties are the places in Colorado where Social Security incomes are best able to cover living expenses, according to a study from SmartAsset.

Denverites define $2 million as the entryway to wealth, lower than national mark

Denverites define $2 million as the entryway to wealth, lower than national mark

Nationally, the “financially comfortable” mark was $1.1 million and the wealthy mark was $2.4 million, according to a online survey of 1,000 people. In metro Denver, financially comfortable was defined as $541,700 and wealthy as $2 million, according to a survey of 500 people sponsored by Charles Schwab.

Should you pay off your mortgage prior to retirement?

Should you pay off your mortgage prior to retirement?

Many people who are preparing for retirement wonder if they should pay off their mortgage.  In an ideal world, you should. But for those whose finances aren’t ideal, it may not make sense. Denver Post columnist Charlie Farrell looks at both sides of this strategy.