MetLife stock (NYSE: MET) currently trades around $50 per share, around 30% below (more than 44% upside) its level of approximately $72 on April 20, 2022 (pre-inflation shock high), and has the potential for sizable gains. MetLife MET saw its stock trading at around $63 at the end of June…

As parents, it is our job to teach our kids financial responsibility and independence. One excellent way to do this is with chores at home. For our family, this is something we’ve been experimenting with a lot recently. About six years ago, on a random Friday evening, I came home…

As you make important decisions that affect your retirement, one key step will be to closely examine your retirement beliefs and assumptions. Doing so can help you avoid making serious mistakes and put you on the right path for making more effective decisions. People’s beliefs and assumptions about retirement are…

Former IRS Commissioner David Kautter, now with RSM, discusses the recently released report on the feasibility of an IRS-run direct file program. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This…

With the era of low interest rates and ample liquidity coming to an end, some of the world’s richest families have made (or are planning to make) major shifts in asset allocation, the new 2023 UBS Global Family Office Report shows. The survey, released today, covers 230 “family offices,’’ each…

Architect Eric Strain’s elemental three-box residential design―placed on the unforgiving Mojave Desert floor near Las Vegas―is reminiscent of a Zen retreat that’s at once urbane and contemplative. “It’s a journey around and through these three boxes, both inside and outside,” says Strain, whose 2011 design is located in Summerlin’s 800-acre…

The average long-term U.S. mortgage rate climbed this week to its highest level since November, according to weekly data compiled by mortgage buyer Freddie Mac. The rate on the 30-year fixed mortgage rose to 6.79% this week from 6.57% a week ago. One year ago, it averaged 5.09%.”Mortgage rates jumped…

Families paying for college are relying on federal student loans more than they have in recent years, a recent survey said.  Overall, 46% of respondents said they planned to use federal student loans to finance a college degree, a 3% increase from 2019, according to a College Ave survey. Moreover, respondents…

Rising inflation may add to what you’ll spend on gifts this Mother’s Day, according to recent surveys. Overall prices for most things have risen exponentially in recent months, with costs up 5% year-over-year in March, according to the latest Consumer Price Index (CPI), a measure of inflation.The National Retail Federal forecasted that…

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