Divorce is tough at any age. It can be an emotional rollercoaster for everyone involved, and as most people know, it can wreak havoc on your finances as well. For those who divorce over the age of 50, however, the financial consequences can be even more severe – namely because of the effect the financial Read more
Long weekends and holidays give us a little sneak preview of what our eventual retirement just might be like. With that extra day or two, we get the slightest sense of life with the time to do whatever strikes our fancy! To have the retirement you want, though, you can’t just wander blindly into it Read more
The Baby Boomer generation is on track to inherit as much as $8.4 trillion over the next fifteen years, according to a recent report from Boston College’s Center for Retirement Research. An article in the New York Times recently explored some of the complicated issues that come along with receiving an inheritance. Not all of Read more
Estate planning isn’t just about money. While the financial burdens you leave behind – and the expenses you may encounter in your golden years – are certainly an important part of planning your estate, making sure that the other, non-financial elements are in place is just as important. Regardless of where your assets or retirement Read more
Many members of the “baby boomer” generation will, at some point in their lives, receive an inheritance. With the average inheritance estimated at $65,000, having some kind of plan for managing that sum of money will certainly prevent problems and help keep your financial future secure. If you inherit a significant amount of money, these Read more
