A new report from the Aegon Center for Longevity shows that 49 percent of people in the Americas cite running out of money as their main retirement concern. In an era where people have the potential to live much longer than previous generations, this may not be all that surprising. After all, planning for 10-15…
You may be in the sandwich generation if you find yourself caught between taking care of your aging parents and your children at the same time. Understandably, it causes significant financial strain and burden when you have to take care of everyone. More than 1/3 of parents who have kids between the ages of 8…
The task of finding an estate planning attorney may seem daunting and difficult to think about. The whole process of estate planning, in fact, may feel daunting—it forces you to contemplate the delicate financial matters that will arise upon your death. However, those financial matters are important, thus it is even more important to make…
You’re getting older, I’m getting older, your granddaughter is getting older… Aging is a fact of life and no amount of hiding or insisting that age is only a number will change this. While it may be true that you are only as old as you feel, eventually even this will slip beyond your control.…
So much of the financial advice we live by has been around for decades—and is rarely questioned. But times they are-a changing. Maybe we need to ask some questions: How much savings do I need? What portion of it should I invest? What about my retirement funds? Below are some pieces of common financial advice…
The word “estate” sounds much more official than it is. “Estate” simply refers to anything you own: a house, a car, whatever money is sitting in your bank account, a vintage guitar collection, your beloved dog, the antique china set that was passed down to you from your great, great grandmother… Anything. Chances are that…
There are few things more challenging in life than dealing with a loved one’s chronic illness. Nowhere in school do we learn how to navigate such a delicate situation, and little in life prepares us for the unique challenges involved. While well-meaning friends are quick to offer advice, rarely is their insight astute enough to…
With an ever-growing list of day-to-day responsibilities, being a parent is hard—never mind being a single parent! It’s hard enough to find the time to go grocery shopping and take a shower. Carving out time not only to think about what would happen to your children should you become incapacitated or worse but to actually…
Modern family structures are ever more complex. It is increasingly the norm for parents to separate and remarry, bringing step- or half-siblings into the mix. Expectations around monogamy are challenged by contemporary values, and wider acceptance of non-traditional sexualities has led to an expansive idea of what counts as family. Add to this the ugly…
You’d think that only the seediest of human beings would prey on the elderly and, though you’d be right, you’d be surprised by how many are willing to sink to such lows. Every year senior citizens in the U.S. lose billions to scammers, the vast majority of which work through digital and phone networks. For…