Things Baby Boomers Need To Know About Estate Planning

Baby boomers are good at taking care of their health. They schedule regular doctor’s checkups, try to eat nutritious foods and exercise. But they are not always so vigilant about their financial health. Estate and financial planners recommend boomers evaluate their estate planning on a regular basis to make sure it is in line with […]

Teens Think They’re Going To Get A Big Inheritance

Teenagers who grew up during the big recession may not have learned anything from it. A study by TD Ameritrade found that 40 percent of those in Generation Z, now between the ages of 13 and 22, think they are going to get a big inheritance and won’t need to save for retirement. But an […]

Can You Count On An Inheritance To Bail You Out?

A common theme in the discussion of the country’s economic future is that having so many seniors in the population will drain the nation’s financial resources. But there is another way to look at it. Seniors could be the lifesavers for many financially trouble households. A study from Canada says seniors there have $1 trillion […]

Avoiding ‘Money Death’ — A New Option For Your Nest Egg

Americans are living longer than ever. That’s the good news. The bad news is that there is a chance many will outlive their savings. The average life expectancy for men is now 83 and for women it is 85. But if you live 20 years past retirement, you may need a different kind of investment […]

Some Common Estate Planning Myths

There are a number of myths about estate planning that can lead to confusion and, if you believe them,  can end up hurting your family, according to a recent post on Forbes. com. They include: 1)  Estate planning is just for the wealthy While it is true that there is a $5.12 million exemption this […]