Photo David Frankel at his home in Philadelphia. Mr. Frankel’s rabbinical training informs his current work as a mortgage banker. Credit Matt Stanley for The New York Times PHILADELPHIA — Perhaps it was preordained that David Frankel would become a mortgage banker.His memories of his first home as a child in Toronto are hazy, but…
Photo Matthew Lesser, a state representative, wrote the bill passed by the Connecticut Legislature that requires all 403(b) retirement plan providers to disclose fees and compensation to state and municipal workers. Credit Christopher Capozziello for The New York Times Public schoolteachers and other education workers in Connecticut should soon have an easier time figuring out…
Photo Credit Carl Richards You’re fired.No, seriously. Pack up your stuff, and get out.But let me be clear: The job you’re fired from is one you never should have had in the first place — being a critic of your own work.Done, finished, not your job anymore. When you finish creating something and you start…
In recent years, millions of middle- and working-class Americans have moved from job to job, some staying with one company for shorter stints or shifting careers midstream. The Affordable Care Act has enabled many of those workers to get transitional coverage that provides a bridge to the next phase of their lives — a stopgap…
Photo Credit Christoph Hitz Brace yourselves, dear readers. The Haggler has some news, and it isn’t happy. This is his final column.Yes, after eight years of pestering corporations and executives on your behalf, after several thousand contentious phone calls and emails with publicists and vice presidents, he is hanging up his fedora and any other…
Photo Susan Fischer, a linguistics professor from California, retired to a two-bedroom apartment near Lincoln Center. Credit Danny Ghitis for The New York Times On a bright weekday morning in 2009, Stephen M. Chaleff, a retired executive, stood outside his home in Rye, N.Y., and wondered: “Where is everybody? There’s nobody here!”Staring out onto the…
A tight supply of houses for sale, along with rising prices and worries about higher mortgage rates, is making buying a home a challenge in some areas this season.Because of a lack of inventory of homes in some markets, there is often a rush of offers when properties do become available, said Javier Vivas, manager…
Photo Paul B. Brown and his son Samuel Viscomi in Glen Rock, N.J. Mr. Brown and his wife have started giving some of their money to their four adult children. Credit Alex wroblewski for The New York Times I have worked for a man who owns his-and-her 747s. Another former employer has a 10,000-acre hobby…
Photo Doug Lynam, a former monk and teacher, is now a financial adviser, a role he calls being a “suffering prevention specialist.” Credit Rick Scibelli Jr. for The New York Times SANTA FE, N.M. — There are many things that Doug Lynam has to think about now that he no longer wears a robe and…
When a doctor prescribes a drug, most people trust that it is the best course of treatment. The next time you seek financial advice, those professionals will be required to act in a way that approximates the patient-doctor relationship. But many investors will still remain vulnerable.The fiduciary rule — which was created under the Obama…