Two-thirds of baby boomers are expected to receive a significant inheritance in their lifetime. Moreover, the Boomers themselves are expected to pass down a staggering $30 trillion in assets in the next few decades to their children and grandchildren. Most inheritances are passed down when a loved one dies, so receipt often triggers mixed emotions …
Will Social Security run out of money in the 2030s? For years, Americans have been warned about that possibility. Those warnings, however, assume that no action will be taken to address Social Security’s financial challenges. Social Security is being strained by a giant demographic shift. In 2030, more than 20% of the U.S. population will be …
Mid-Life Money Errors: If you are between 40 & 60, beware of these financial blunders & assumptions. Between the ages of 40 and 60, many people increase their commitment to investing and retirement saving. At the same time, many fall prey to some common money blunders and harbor financial assumptions that may be inaccurate. These …
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