As the boomers and their parents age, more and more family members are managing eldercare responsibilities. The emotional, physical and financial demands of caring for aging parents can be extensive. What’s more, the healthcare needs of aging parents can become overwhelmingly expensive — and may include costs that affect their family members in ways that [...]
As we said goodbye to 2012 and enter the new year, resolutions come to mind. While everyone can benefit from a year-end financial health check-up, if you’re in the final stages of your career, now is a good time to make sure you have your affairs in order. Consider adding these resolutions to your list [...]
A review of your finances before the end of the year is always a good practice, and often assessing tax-saving strategies is part of the process. This year is a particularly challenging year to do this because of the last-minute negotiations taking place around the “fiscal cliff.” This is the combination of tax increases and [...]
The holiday season is fast approaching, and with all of the planning, celebrations, family dinners, seasonal events and — of course — gift shopping, there’s no shortage of things to do. Saving time and money throughout the holidays is a smart strategy and will help make the season more enjoyable. When it comes to shopping, [...]
As baby boomers near retirement, many are discovering that they aren’t yet financially prepared to leave their careers. Moving from a full-time job to a life of travel, volunteer work and time spent with family and friends may seem like a natural next step. For those who are still determining how they’ll fund their retirement, [...]
A phrase that has found its way into our daily lexicon this year is “fiscal cliff.” It refers to a combination of Federal government spending cuts and expiring tax cuts that many fear could be a serious drag on the U.S. economy beginning at the start of 2013. These scheduled spending cuts and tax increases [...]
If you’re married, engaged or in a relationship where you share day-to-day expenses with a partner, broaching the topic of how to blend your finances is essential. It’s a subject every couple should discuss and revisit from time to time. For couples thinking about combining their finances for the first time, learning to communicate about [...]
Saturday, Nov. 17, is National Adoption Day. While adopting a child is one way to grow a family, it can be very expensive — with significant upfront costs. When you factor in travel and time off from work, the costs can run even higher. And for gay, lesbian and bisexual couples seeking to adopt a [...]
