November 2, 2018
Not long ago, I was invited to speak—virtually—to an audience that you wouldn’t normally think of when you think about aging: young professionals. And yet this group, just beginning the arc of their careers, turns out to be incredibly thoughtful and curious about what awaits them at the end of their careers, as well as how they can plan now for supporting their aging parents. We shouldn’t be surprised: Millennial caregivers now make up 25% of unpaid family caregivers—or about 10 million nationwide. But those employing and managing Millennials in the workplace may be startled by just how deeply their young charges are already thinking about planning ahead. And their questions, below, may offer as much insight as my answers. Read More.....
September 14, 2018 in Banking
Another fintech app for millennials? Snooze. Been there, done that and youth only lasts for so long.
Luckily, a handful of fintech companies, and some banks, have already been swooping in to solve older adults’ financial needs via mobile and web-based apps. Read more....
Adrian D. Garcia @adriandgarcia
September 10, 2018 in Investing
A growing number of Americans skip the opportunity to play Wall Street tycoon, opting to put their investment portfolios on autopilot instead. Read more.....
10 RMD Mistakes to Avoid – Kiplinger
August 16, 2018
By Kimberly Lankford, Contributing Editor |
“Most people need to start taking these required minimum distributions after they turn age 70½—and the stakes are high. If you don’t take out the required amount by the deadline, you could get hit with a penalty worth up to 50% of the amount you should have withdrawn…” Read More...
A Growing Number of People Are Navigating Retirement Alone. This Woman Is Spearheading a Movement to Change That
By Elizabeth O'Brien
July 18, 2018
Carol Marak helped her aging parents for a total of six years, frequently driving the 125 miles between her home in Dallas and theirs in West, Texas, to shop, clean, cook and do other tasks for them. Read More....
By Sidney Kess, JD, LLM, CPA, James R. Grimaldi, CPA, James A.J. Revels, CPA and Elizabeth Forspan, JD
The American Association of Retired Persons (AARP) projects that by 2030, approximately 16% of women will be between 80 and 84 years old and childless (Donald Redfoot, Lynn Feinberg, and Ari Houser, “The Aging of the Baby Boom and the Growing Care Gap: A Look at Future Declines in the Availability of Family Caregivers,” Insight on the Issues, AARP Public Policy Institute, August 2013, http://bit.ly/2rZDYS8). What are elderly persons who are without children or other family to serve as caregivers supposed to do? This article outlines some practical issues to consider, along with legal and financial matters for those who are fortunate enough to reach their 80s and beyond. Read More....
| Adam Carroll | TEDxLondonBusinessSchool
Adam Carroll talks about his $10,000 Monopoly game with his kids and how to teach finance management in a cashless society. Watch this.
BY: SARA O'BRIEN
If you want to freeze your credit report for free at Equifax, the deadline to do so has been extended to June 30, a company spokeswoman said today. The original deadline was Jan. 31.
However, consumers still have only until Jan. 31 to sign up for one year of free credit-monitoring through Equifax. Both offers came last fall after the credit-reporting company revealed that up to 145 million consumers' private data had been compromised in a massive data breach. Read More....
By: KELLY PHILLIPS, ERB
The Internal Revenue Service (IRS) has announced that tax season will open on Monday, January 29, 2018. The IRS will begin accepting paper and electronic tax returns that day, with more than 155 million individual tax returns expected to be filed in 2018. This is a week later than had been widely reported. Read More.....
By: DAVID NIELD
Being hacked can feel like a personal attack: You go to log into Facebook, or Gmail, or iCloud — and your password doesn’t work, leaving you unable to protect your most important online accounts. This worst-case scenario might bring on feelings of nausea and helplessness. Fortunately, you can take action in the face of digital vandalism. If you find yourself locked out of your accounts, major internet services have prepared a few routes for getting back in. As well as restoring your access, these companies help you limit the damage that a hacker can do. Read More.....
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Jennifer is committed to helping her clients as well as other folks improve their daily financial circumstances by providing simple financial solutions.