Financial Planning − Latest Articles:

Generosity Runs Deep in Boomers

Category: Financial Planning
Generosity Runs Deep in Boomers

During the last five years, three out of five Americans age 50 and older have provided financial assistance to members of their family, including adult children, parents, grandchildren, siblings or other relatives, according to a new Merrill Lynch study. Conducted in partnership with Age Wave, “Family & Retirement: The Elephant in the Room” is an in-depth study exploring modern family interdependencies and the challenges Boomers face in balancing them with their own retirement plans and financial security. Conducted in August [...]

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Maximize Social Security Benefits

Maximize Social Security Benefits
Too many people end up getting less than what’s due to them from Social Security when they retire because they don’t know the rules and the real financial impacts, says independent retirement[...]

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To Trust or Not to Trust?

By Susan Piette, Esq. In discussing estate planning with my clients, I am regularly asked about living trusts or more precisely, “revocable living trusts.” Many people have heard of them but[...]

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Research – Debt of the Elderly Increases

American families headed by individuals age 75 or older had increases in the incidence of debt, the average amount of debt held, and debt as a percentage of assets in 2010, according to research by[...]

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New Study: Simple and Low Costways for Communities to Assess Their Livability and “Aging

Communities in the U.S. can follow a relatively simple and low cost initial set of indicators to determine if their services meet the needs of an aging population.  These indicators can be measured[...]

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Debt Levels Spike for Oldest Americans

American families headed by individuals age 75 or older had increases in the incidence of debt, the average amount of debt held, and the percentage with debt payments greater than 40 percent of their[...]

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Study Reveals Most Expect to Outlive Retirement Savings

On average, people across the world expect retirement to last 18 years -- but they expect savings to run out after 10. The findings are based on a survey of 15,000 working and retired people in 15[...]

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Aging Family Dynamic May Lead to Tax Relief

Members of the sandwich generation -- caught between supporting elderly parents whose assets are nearly exhausted and adult children without jobs -- might find some relief come tax time. The bottom[...]

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Eldercare Locator Announces Holiday Campaign to Help Prevent Financial Exploitation of Older Adults

10th Annual Home for the Holidays Campaign Encourages Families to Spend Time Discussing Strategies to Address Financial Exploitation With Older Family Members As financial exploitation targeting[...]

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