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How to use a power of attorney to help your family

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In our aging society, a frequent topic of conversation is how to help older people who have lost some of their physical or mental abilities. It is easy to advise someone to obtain power of attorney for a parent or other loved one, but it can be a challenge to actually make use of a POA, especially if time is of the essence.

Beth Pinsker digs into the difficulties of using a power of attorney and how to overcome them.

More from Beth Pinsker: ‘I’m retiring, so what do I do with my 401(k)?’ You have four choices — but only three of them are good.

The Big Move: downsizing to a warmer climate

istock

Aarthi Swaminathan writes The Big Move column to help people with various aspects of selling, buying and moving into new homes. This week she has advice for a woman who wants to leave Chicago for a warmer clime and needs to decide whether to purchase a new home or a lower-price older home that needs renovation.

Another look at housing: The best U.S. metro area for first-time home buyers is this Texas pandemic boomtown

Retirement planning: Don’t think you can run out the clock

MarketWatch photo illustration/iStockphoto

Life-insurance companies use actuarial data to manage risk and set premiums high enough to turn a profit while providing coverage to help people plan for an untimely death. Actuarial tables are also used to set required minimum distributions for IRAs, 401(k)s and other tax-deferred retirement accounts.

So should you use your own statistical life expectancy as part of your retirement planning? The answer is no, according to Jonathan Clements.

More about retirement and planning for it:

What’s really going on in the stock market?

The risk-free rate on U.S. Treasury notes appears to be more competitive against stocks than it has been in many years.


MarketWatch illustration/iStockphoto

As interest rates soared last year, the S&P 500 fell 19%. All of a sudden, for the first time in many years, interest rates on bonds were high enough for income-seeking investors to think about moving money away from stocks.

So far in 2023, the S&P 500
SPX,
+1.61%

has risen 5% even as the Federal Reserve has continued to raise interest rates. Meanwhile, many companies, especially tech giants, have announced layoffs as they focus on cutting expenses. So what is really going on? William Watts and Joseph Adinolfi cover the market action from several angles:

Tesla and its competitors

On March 1, Tesla Inc.
TSLA,
+3.61%

CEO Elon Musk disappointed investors by offering more soaring visions while not providing specifics on what to expect in the way of new electric-vehicle models or upgrades for older ones.

Here’s full coverage of Tesla’s investor day, its aftermath and developments among the company’s competitors:

ETFs and ‘the human capital factor’

MarketWatch illustration/iStockphoto

Christine Idzelis writes the ETF Wrap column, covering developments in the world of exchange-traded funds. This week she looks at a pair of funds that select stocks based on the health of companies’ corporate cultures.

An ETF for income: Looking for stock dividends of 9% to 11%? That’s what these ETF managers are aiming for with an AI-aided strategy.

Narrowing things down: New ETFs let investors bet on or against Jim Cramer and his stock picks

Can you invest for success the way Warren Buffett has?

Berkshire Hathaway CEO Warren Buffett


AP

Berkshire Hathaway
BRK.B,
+1.53%

CEO Warren Buffett released his annual letter to shareholders on Feb. 25. The letter always makes for good reading.

Mark Hulbert shares the numbers behind what Buffett calls the “secret sauce” to his success as an investor.

In the shareholder letter, Buffett also shared words of wisdom from Berkshire’s vice chair, Charlie Munger.

More: 5 things I’ve learned from Charlie Munger

A potential failure for a real bank focused on cryptocurrencies — and more hot water for SBF

Terrence Horan, Dow Jones

In this week’s Distributed Ledger column, Frances Yue covers the turmoil at Silvergate Capital Corp.
SI,
+0.87%
,
whose bank subsidiary may no longer be well capitalized under regulatory guidelines after a run on deposits during the fourth quarter by depositors mainly in the virtual-currency industry. She also covers new developments in the federal government’s fraud case against FTX founder Sam Bankman-Fried.

What should you stream this month?

Jennifer Aniston and Adam Sandler star in “Murder Mystery 2,” coming to Netflix on March 31.


Netflix

Mike Murphy sums up what’s worth watching on various steaming services in March, while also noting new offerings and what will be removed from various services:

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Jake

Jacob Keiter is a husband, a writer, a journalist, a musician, and a business owner. His journey to becoming a writer was one that was paved with challenges, but ultimately led him to find his true calling. Jacob's early years were marked by a strong desire for creative expression. He was always drawn to music, and in his youth, he played in several bands, chasing the elusive promise of fame and success. However, despite his best efforts, Jacob struggled to find the recognition he craved. It wasn't until he hit a low point in his life that Jacob discovered his love for writing. He turned to writing as a form of therapy during a particularly difficult time, and found that it not only helped him to cope with his struggles, but also allowed him to express himself in a way that he had never been able to before. Jacob's writing skills quickly caught the attention of others, and he soon found himself working as a journalist for The Sun out of Hummelstown. From there, he went on to contribute to a variety of publications, including the American Bee Journal and Referee Magazine. Jacob's writing style is reflective of traditional journalism, but he also infuses his work with a unique voice that sets him apart from others in his field. Despite his success as a writer, Jacob also owns another business, JJ Auto & Home, which specializes in cleaning. Jacob's commitment to excellence is evident in all of his endeavors, whether it be in his writing or in his business ventures. Today, Jacob is the author of two books and continues to inspire others through his writing. His journey to becoming a writer serves as a reminder that sometimes our darkest moments can lead us to our greatest achievements.

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