Teresa Ghilarducci is the Schwartz Professor of Economics at the New School for Social Research. She's the co-author of "Rescuing Retirement" and a member of the board of directors of the Economic Policy Institute.
As more older Americans find love and live together, their personal finances can get messy. Figuring out whether your partner or children come first can help.
If you don’t mind wasting your money on something the recipient will value less than you do, go ahead and buy it. But those “deadweight losses” add up.
