Daily Money - Navigating a Rough Job Market

My first job in New York was at a department store, so I know first-hand that you can take twists and turns and still arrive at your desired professional destination. That’s important to remember, especially in today’s tough job market. A graduate with a fresh English degree might not consider applying for work selling insurance. But those jobs can be in relatively high demand and pay a starting salary of $46,900 and $53,430, according to today’s featured story. That’s a living wage to tide you over until you can move into a job more aligned with your interests. And sales teaches plenty of transferable skills. Today’s edition features advice on expanding young grads’ job prospects, and, for families earlier in their journey, some expert tips on picking — and paying for — college.

Best wishes,
Elizabeth

P.S. If you got this newsletter from a friend, sign up
here for email delivery to make sure you don't miss the next issue.

TIMELY RETIREMENT NEWS, INSIGHTS, AND ADVICE

How Much Should Parents Really Pay for College?


An expert teaches parents what questions to ask in a new book.

YouTube's Favorite Mortgage Strategy Has Millions of Fans


An inside look at “velocity banking.”

RETIRE WITH MONEY COMMUNITY INSIGHTS
This week in our Retire with Money Facebook group, a 59-year-old man asked the group for thoughts on early retirement: “I can retire now and my wife and I will be [financially] fine or I can work a few more years until she retires in 4 years. I would be working strictly for money and no pleasure whatsoever in my work...Does anyone ever wish they had worked a few more years?” Most posters supported early retirement: “Remember nobody goes to the grave wishing they had worked more,” was a common refrain. One woman reminded the group that health insurance is an important (and expensive!) consideration for early retirees. A man replied, “Today is my first day of retirement just short of 63...2 more years of earnings would have been great, but my wife’s mobility issues left me wondering whether we would be able to do any of the things we were saving for in 2 more years.” I tend to agree. Good health is unfortunately not guaranteed, and if he’s financially set and doesn’t enjoy working, it makes sense to call it quits and enjoy retirement while he can.
RETIREMENT NEWS FROM AROUND THE WEB
Warning: COVID-19 Vaccine Scams Are Clever and Tenacious
Never give out your Medicare number over the phone. NEXT AVENUE
Why the GameStop Frenzy May Hurt Certain Retirees Along With Hedge Funds
Some pensions invest more than 20% of their assets in hedge funds. CNBC
Stories From the Front Lines of Pandemic Dating
These people found love from (at least) six feet away. AARP
What You Can Do Post-Vaccine, and When
If you’re among the first to get vaccinated, don’t expect a quick return to normal life. THE NEW YORK TIMES
Elizabeth O'Brien is deputy editor at Money. She has covered retirement and health care for nearly a decade. A Brooklyn resident and mom of two boys, she navigates the alphabet soup of Medicare and the New York City subway system with equal ease. You can email her at elizabeth.obrien@money.com and follow her on Twitter at @elizobrien.

Older messages

You’re Only Ready to Buy a House if You Can Answer ‘Yes’ to These 7 Questions

Tuesday, February 2, 2021

Daily Money Mortgages You're Only Ready to Buy a House if You Can Answer 'Yes' to These 7 Questions Buying a home is both exhilarating and scary. Mortgages YouTube's Favorite Mortgage

The Pros and Cons of Writing a Love Letter to a Home Seller

Saturday, January 30, 2021

Daily Money Mortgages The Pros and Cons of Writing a Love Letter to a Home Seller In competitive housing markets, buyers sometimes write “love letters” in hopes of swaying the seller to choose their

Are You Ready for RMDs?

Friday, January 29, 2021

What to know about GameStop Retire with Money Here we are approaching tax season again. It feels like it was just tax time, especially to those of us who filed last July during the coronavirus

Is Robinhood Really Free? Here Are 3 Ways Investors Still Pay to Trade

Friday, January 29, 2021

Daily Money Investing Is Robinhood Really Free? Here Are 3 Ways Investors Still Pay to Trade No fees doesn't mean 100% free. Investing 5 Ways the Stock Market Looks Just Like the 1999 Dot-Com

These Silicon Valley Startups Want to Buy a Chunk of Your Home. Should You Sell?

Thursday, January 28, 2021

Daily Money Mortgages These Silicon Valley Startups Want to Buy a Chunk of Your Home. Should You Sell? The average mortgage holder has $17000 more home equity than they did in 2019. Investing Why SPACs

You Might Also Like

After inauguration, it's time to talk taxes

Wednesday, January 15, 2025

plus toad fashion + Post Malone ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Harry's Take 1-15-25 Stocks Look to Break Lower: Another Sign of a Top on December 16

Wednesday, January 15, 2025

Harry's Take January 15, 2025 Stocks Look to Break Lower: Another Sign of a Top on December 16 As we go into the new year, already with signs of a failed Santa Claus Rally and a failed first 5

🇺🇸 America's tariff future

Tuesday, January 14, 2025

A possible go-slow approach to tariffs, a spending worry for China, and the next obesity drugs | Finimize TOGETHER WITH Hi Reader, here's what you need to know for January 15th in 3:14 minutes. The

It’s a new year, get a new savings account

Tuesday, January 14, 2025

Earn more with high-yield options! ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Private Equity Is Coming for Your 401(k)

Tuesday, January 14, 2025

The industry wants in on Americans' $13 trillion in savings ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

This Skateboarding Economist Suggests We Need More Skateparks And Less Capitalism

Tuesday, January 14, 2025

A skateboarder presented an unusual paper at this year's big meeting of American economists. View this email online Planet Money Skateonomics by Greg Rosalsky “The Skateboarding Ethic and the

Elon Musk Dreams, Mode Mobile Delivers

Tuesday, January 14, 2025

Join the EarnPhone revolution ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Shaping inflation expectations: the effects of monetary policy

Tuesday, January 14, 2025

Natalie Burr In economic theory, expectations of future inflation are an important determinant of inflation, making them a key variable of interest for monetary policy makers. But is there empirical

🌎 Another hottest year

Monday, January 13, 2025

Global temperatures crossed a threshold, oil prices bubbled up, and crypto's AI agents | Finimize Hi Reader, here's what you need to know for January 14th in 3:06 minutes. Oil prices climbed

Have you seen the Best Cars & Trucks of 2025?

Monday, January 13, 2025

Get a quote and protect your new wheels with Amica Insurance ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌