Once you're retired, your income plan should strive to address four basic objectives: earn a reasonable rate of return, manage the risk of loss, maintain a source of sustainable and predictable income, and reduce the impact of taxes.
Although discussing the topic of money with your kids can be uncomfortable, it is a necessary step in their development. Few schools teach courses on how to handle money the right way. Without learning money management skills at home, your kids are going to be in for a few nasty surprises when they get older.
Though we don’t expect tragedies or litigious events, it is still a good idea to be prepared and protected from them. Read on to learn more about common insurance gaps and how you can plug them.
Married individuals applying for Social Security benefits automatically apply for spousal benefits. What does that mean for your finanial plan?
Combining finances can be complicated for any couple, but the challenges become more complex the second time around, especially when children are involved.
Extended care can be a significant financial burden for many families. With planning and creative thinking, you can carry the financial burden a little more easily.