Caring for aging parents is something you hope you can handle when the time comes, but it’s the last thing you want to think about. Whether the time is now or somewhere down the road, there are steps you can take to make your life—and their lives, too—a little easier. It’s time for a chat
A growing concern for many people in their 50s or 60s: Will my mom or dad become the victim of elder fraud? Sadly, the chances are pretty good. In fact, at least 20% of older adults have been victims of elder financial abuse, according to the Center for Financial Services Innovation. Scammers are getting more
Once thought to give a “leg up” when kids enter the real world; in today’s real world of information, complex options and decisions, understanding investing as an adult is now more of a necessity. Investing is a tool to earn money that your child can use their entire life. Since finance is typically not taught
Michael Farrell, a wealth manager to millionaires, believes there’s much more to inheritance than handing over money. Farrell is managing director of a wealth management firm whose typical client is worth at least $10 million. “We tend to work with a lot of first-generation wealth creators. They have a bit of a blue-collar mentality about their
People choose to be stay-at-home parents for different reasons. Maybe childcare is prohibitively expensive. Maybe you don’t like the idea of sending your child to daycare. Maybe you run the numbers and find that childcare is essentially the price of one person’s salary. Maybe your child has special needs that require more than a caregiver
Becoming a parent means taking on a whole new level of responsibility. After all, you’ve now got a new life in your hand’s and your child is dependent on you for everything. While the list of things you need to do as a new mom or dad is endless, there’s one essential item that should