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News
How Not to Let a Shared Inherited House Ruin Your Relationship With Your Siblings
14+ hour, 29+ min 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…...
What a New Flat-Rate Social Security COLA Would Mean for Retiree Taxes
18+ hour, 12+ min ago (972+ words) Lawmakers are floating several ideas about how to shore up Social Security. One involves changing the annual cost-of-living adjustment. Question: What if a smaller Social Security benefits increase for many retirees also meant a smaller federal tax bill for some?...
Longing for a Long Life? Here Is How Modern Financial Strategies Can Help Ensure You Never Outlive Your Savings
19+ hour, 29+ min 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…...
5 Relaxing Fall Getaways That Are Perfect for Retirees
19+ hour, 29+ min ago (1319+ words) Fewer crowds, cooler temperatures and a slower pace make fall an ideal time to explore these scenic destinations. One of the perks of retirement is having more flexibility to travel outside the busy summer vacation season. Instead of squeezing a…...
Don't Let Your Teen Learn Investing Alone: 7 Ways Parents Can Lead the Way
21+ hour, 29+ min 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
1+ day, 13+ hour 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
1+ day, 17+ 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
1+ day, 18+ 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
1+ day, 19+ 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
1+ day, 21+ 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…...