If an unforeseen event would happen and you and your spouse passed away, do you know who would take care of your children? Estate planning is more than financial. In the above circumstance you would need to have a personal guardian that both parents could agree on. Here’s a quick rundown on the topic of guardianship.
If you are moving or downsizing, you need to ask yourself what’s best for your situation-should you rent or buy?
There are countless stories of people who have retired early only to return to work within a year or even within 30 days. So, before you retire, “The Experts” at Wall Street Journal suggest you do some careful planning that goes well beyond just financial security.
When it comes to putting money away for retirement, women outmatch men. They are more diligent savers and more likely to put a bigger percentage of their paycheck into a savings plan. But when it comes to the final savings tally, women are falling far behind.
If you are close to retirement age but between jobs, think twice before tapping into your retirement savings, says Liz Weston from Bankrate.
The Root in conjunction with Prudential offers a series of online videos on timely topics. Bring It To The Table is an online 16-week series of 10-minute episodes discussing personal finance, careers and long-term financial planning.
Researchers say belief in ”money myths” explains many of the fumbles we make with our personal finances. “Behavioral finance” integrates psychology into the fields of economics and finance to come up with reasons for our money mistakes. Here are some personal finance myths that could be costing you money and endangering your future security.
The Medicare open enrollment runs from Oct. 15 through Dec. 7 and gives individuals a chance to rethink it all and reassess whether their plan still fits their needs. Maybe your Part D prescription plan will no longer pay for some of your drugs or maybe your Medicare Advantage plan dropped your favorite doctor. Now’s the time to start investigating your plan.
These days your late-night worries are likely much more likely to be tangible and probably revolve around money. If you’re caught up in the nocturnal money worries cycle, here is hope—for both your sleep and finances.