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Too old to get hired, too young to retire

Good morning! It’s Daniel de Visé with your Daily Money.

There’s no good time to lose your job. But there may be no worse time than around age 60. At that age, workers are close enough to retirement that no prospective employer is likely to hire them expecting a long-term relationship.

Here are the stories of 10 Americans who lost their jobs around age 60: Too old to get rehired, too young to retire.

Higher Social Security taxes could cut into wages

Raising taxes is one of many proposals politicians and economists have suggested to prevent Social Security benefit cuts in six years, Medora Lee reports. But that plan could cost a typical American up to $3,000 in annual wages.

Could separate bank accounts hurt your marriage?

You share your lives. But what about your bank accounts?

Census data shows the finances of American couples are drifting apart, as an ever-growing share of married partners keep separate accounts. But research suggests separate accounts could be bad for a marriage.

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Daniel de Visé covers personal finance for USA TODAY. The Daily Money breaks down complex consumer and financial news. Subscribe here.

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