I have roughly $1 million in retirement savings and plan to retire in few years. I won't have a company pension, so the idea of devoting maybe a third or so of my savings to an annuity to create guaranteed income that can cover fixed expenses and isn't dependent on the whims of the market appeals to me. The rest of my savings will remain invested for income and growth. An investment adviser I met with is adamantly opposed to this idea and chided me for even considering it. What do you think of my plan? --Matt
The Root has a lot to celebrate when it turns 10 years old this month. Billed as a "highbrow, political alternative" to magazines like Ebony when it launched in 2008, The Root has since managed to succeed in ways other influential black media brands have not.
A double whammy of federal budget cuts might force many hospitals, particularly those that serve poor or rural communities, to scale back services or even shut their doors.
In the wake of the Logan Paul controversy, YouTube is trying to reassure advertisers by pledging to "manually review" a significant chunk of the videos on its website.
Five days ago, the Trump International Hotel in Washington DC had an average Yelp rating of 4 out of 5 stars. As of today, that average had dropped two full stars after hundreds of reviews describing the hotel as a "s***hole" were posted with the lowest-possible one-star rating.
New York Governor Andrew Cuomo says the federal government just lobbed an "economic missile" at New York by limiting tax filers' state and local tax deduction.
