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News
How Not to Let a Shared Inherited House Ruin Your Relationship With Your Siblings
1+ day, 1+ hour ago (1368+ words) Inheriting a home with siblings or other family members can bring financial, legal and emotional decisions. Here's what to know about your options, from selling the property to buying out another heir. A parent leaves the family home to you…...
Longing for a Long Life? Here Is How Modern Financial Strategies Can Help Ensure You Never Outlive Your Savings
1+ day, 6+ hour ago (881+ words) Bridging the gap between your vision of retirement and real financial readiness requires planning, adaptable income strategies and expert guidance. Living longer creates the opportunity for more — more experiences, more time with loved ones and more chances to pursue what…...
Don't Let Your Teen Learn Investing Alone: 7 Ways Parents Can Lead the Way
1+ day, 8+ hour ago (944+ words) New research shows 70% of teenagers are eager to get into the market — and they're looking to their parents for guidance. It's not easy to get parents and teenagers to agree about anything. But when it comes to investing early, they're…...
From Buffett to Beyoncé: What Celebrities Have Said About Inheritance
2+ day, 12+ min ago (1301+ words) See what Warren Buffett, Shaq, Jay-Z and Beyoncé, Dave Ramsey and Suze Orman have to say about passing down wealth. The Great Wealth Transfer is underway in the United States. Between 2024 and 2048, an estimated $124 trillion in assets is expected to…...
Financial Independence Is Just the Off-Ramp: Why Confusing It With Retirement Can Derail Your Plan
2+ day, 4+ hour ago (487+ words) People use "financial independence" and "retirement" as if they're the same milestone. In my experience, treating them as one and the same is where a lot of financial plans go sideways. A question I frequently hear is: When can I…...
The Great Junk Transfer: Why Heirs Want Meaning, Not More Stuff
2+ day, 5+ hour ago (543+ words) Loved ones want your memories, not your attic clutter. A new study reveals why less is officially more when passing down belongings. Dubbed The Great Junk Transfer, a recent study revealed a shift in how the next generation views an…...
I’m a Financial Planner: Why I’d Structure My Wife’s Long-Term Care Policy Differently Than Mine
2+ day, 6+ hour ago (638+ words) Women's longer life expectancies mean long-term care coverage should feature longer benefit periods, higher payout amounts and robust inflation protection. Most research suggests the best time to buy long-term-care (LTC) insurance is typically in your late 50s. Ten years ago, the…...
Over Half of Parents Think Kids Aren't Ready to Manage Money: How to Close the Gap
2+ day, 8+ hour ago (1142+ words) More than half of parents and grandparents believe children are less financially prepared than they were. Here's how you can help close the gap. Most parents and grandparents want the same thing: To give the next generation opportunities they might…...
Why ETFs Are One of the Easiest Ways to Start Investing
3+ day, 18+ hour ago (1576+ words) Broad diversification, low fees and the ability to buy fractional shares make ETFs one of the easiest ways to start investing. Most beginner investors don't fail because they pick the wrong stocks. They fail because they're overwhelmed by too many…...
5 Best ETFs to Help You Earn Passive Investment Income
4+ day, 4+ hour ago (1633+ words) You can get above-average distributions on a monthly basis, balancing tax-efficiency and high yield, with the best ETFs for passive investment income. The world of passive income is fertile ground for grifters, scammers and charlatans. The sales pitch practically writes…...