Snowbirding, or living in a warmer climate for the winter months, is becoming increasingly popular among retired people & those who can work remotely. If you plan to be a snowbird this year, you’ll do well to plan ahead for any new or unexpected financial situations in your winter home.
Talking about money with family can be difficult in the best of times; talking to an aging parent about their finances can increase the challenge substantially. You can prepare to make these conversations as pleasant and effective as possible with the advice in this article.
Retirement strategy is a bit like setting sail on a journey. You can plot your course, prepare your route, and set off with a clear destination in mind, but things can always change, no matter how well-prepared you are.
529 Accounts have long been a way for parents to start saving for college early. Recent legislation has expanded what can be paid for with 529 withdrawal funds. This artricle details the updates and how to incorporate them into your financial plan.
Purchasing a home will be difficult for the next generation. Can custodial IRAs help them buy a house?
If you're planning to downsize, make sure to plan carefully for the capital gains tax from your home sale to avoid losing thousands to Uncle Sam.