t isn't uncommon for one spouse to take a leading role in the family's finances. As with any marriage, a lack of communication about what is happening can create stress and potential problems. We share some of the issues we have seen and offer some ideas about how to make the financial side of marriage better.
For those of us with aging parents, there may come a time when we need to take a more active role in their financial lives. This can be a challenge. But getting involved proactively can help avoid some significant problems later on. In this episode, we discuss the financial conversations you should have with your parents.
Social Security survivor benefits can be complicated—especially if you haven't started receiving your benefits. We cover the key things you will need to know to make the right decision in your retirement plans.
When someone asks you about “risk,” what is your first thought? To most people, their focus immediately turns to what can happen with their investments—especially in a year like this one. But risk has many different elements, and some may be more perilous to your wealth than volatility.
One of the most common questions asked by our clients pertains to Required Minimum Distributions. Most people know they will reach an age where they have to take something from their retirement accounts. But not everyone understands how it works. Today we will talk about the rules, how the amount is computed, what happens if you fail to take your required minimum distribution.
Divorce can create many challenges--especially for women--when planning for retirement. Today we answer a question from Jennifer, 50. She divorced her former husband a few years ago. She asks, “How can I Retire at 65?” We take a closer look at her situation and dig into the details to make sure she is on the right track.
Divorce causes stress in many ways. Emotions run hot, and you must deal with many different aspects of life. Many times, the financial side may not get the attention it deserves. Today on Wealth Wednesday, we discuss how you can handle some of the financial aspects of divorce.
During the retirement planning process, It is important to consider your Social Security benefits. But some of the planning goes beyond some of the basics. Today we want to share 4 things you need to know when thinking about your Social Security benefits.
According to Cerulli Associates, nearly $70 Trillion will transfer from one generation to the next. For some, an inheritance could be a life-changing event. For others, it could create a new set of problems. If you are inheriting money, what should you do?