One of the two main types of life insurance can cost hundreds more a year, and two questions can tell you whether you need it

Tanza Loudenback •
Business Insider
Couple using tablet pc outdoor.

  The biggest difference between term and whole life insurance is the length of coverage. Whole life insurance policies have no expiration date and are more expensive than term life because they also have a cash value component.  Part of each monthly or annual premium goes to the insurance company, and part of it goes toward

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Adult kids’ expenses: Which should parents pay for?

Next Avenue •
Forbes
Mother and daughter talking on sofa

Now that college graduation season is here, parents and their young adult kids are coming face-to-face with the key post-graduation financial question that will impact them for years: Who pays for what after the college degree? That’s really a bunch of questions all rolled into one: Is it reasonable to continue providing financial support to

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How parents’ financial planning influences adult children

Michael S. Fischer •
ThinkAdvisor
Do You Need me to Taste Test it, Mum?

Twenty-seven percent of Americans are concerned about their parents’ financial security in retirement, and they are twice as likely to lack confidence in their own retirement prospects as those who are unworried about their parents, TIAA reported this week. This finding was based on an online survey conducted by KRC Research in February among 1,003

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Aging parents and real estate investments

Carolyn Rosenblatt •
Forbes
Senior woman and adult daughter laughing on porch

For aging parents who had a measure of financial success, real estate investments are not unusual. Their portfolios can include single-family rental homes, apartment buildings or commercial entities. When they were younger, many of these seniors took pride in managing these investments themselves. But time can take its toll. We are seeing age-related problems eroding

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