🛢️Oil prices could trigger $10T crash

Downsizing seems like a no-brainer — sell the big house, pocket the equity and simplify. But 61% of boomers say they're not selling, and the numbers back them up. Between closing costs, capital gains taxes and today's near-6% mortgage rates, moving can cost 10% to 15% of your home's selling price. Here's when staying put is actually the smarter money move.

Vanguard manages $11 trillion in assets and when they issue a market forecast, smart investors pay attention. Their latest 10-year outlook projects U.S. stock returns of just 3.3% to 5.3% annually — a sharp drop from the 15%+ returns of the past decade.

The good news? Vanguard's hybrid advisory system pairs professional advisers with automated portfolio management to help you build a strategy that doesn't rely solely on U.S. stocks. People who work with financial advisors see a 3% increase in net returns, according to Vanguard's own research.

Three million families have already signed up for Trump accounts — tax-advantaged investment accounts for kids that come with a free $1,000 government contribution. But Dave Ramsey isn't sold, calling them inflexible and unnecessary when better options already exist. Other experts say grab the free money but don't prioritize it. Here's what you need to know before deciding if one is right for your family.

NYU professor Scott Galloway isn't mincing words. He's warning that rising oil prices, reignited inflation and a trapped Federal Reserve could trigger a $10 trillion global market wipeout — and the real damage won't come from the Iran war itself, but from what follows. With emerging market defaults, corporate earnings under pressure and consumers already stretched thin, Galloway says it's "a toxic cocktail." Here's what it could mean for your retirement savings and what to do now.

RETIREMENT: A native Floridian left Miami at 60 for a cheaper, calmer state — and she's not the only one making the move

INVESTING: Bridgewater founder Ray Dalio says most AI investors think they're betting on technology. He says that's not actually true — and it could cost them

MANAGING MONEY: A 71-year-old mom lost $600K to a scam and handed financial control to her daughter. Now her daughter won't give it back

CRIME: A former Georgia state employee allegedly pocketed $230K in COVID relief meant for struggling families. Here's how the scheme worked

RETIREMENT: Oil prices are surging — and that could boost Social Security checks in 2027. Experts say that's not the good news it sounds like

That’s it for today. See you soon with another quick roundup of the financial news that matters.