For many women, working toward financial independence is more difficult. Obstacles women face include having a longer life expectancy than men which will require more savings for retirement, spending fewer years in the workforce than their male counterparts, and taking leave more often to deal with family matters. On top of all this, many women still struggle with the … Read More about 3 Ways for Women to Achieve Financial Independence

Members of the “sandwich generation”—those taking on the care of their aging parents while also raising children or financially supporting adult children—may feel stressed and overextended. Most current sandwich generation members are Gen X or millennials. Some are still dealing with their student loan debt as they try to help their children navigate college selection … Read More about 4 Sandwich Generation Survival Tips

Those who receive an inheritance with the passing of a loved one are potentially given the gift of financial freedom if they choose to manage the wealth carefully. The reality, however, is that the percentage of squandered inheritances is troubling. Studies indicate that 70% of inheritances are exhausted by the second generation, and a whopping … Read More about Generational Wealth and the Gift of Financial Freedom

Seems counterintuitive in today’s housing market, but it might make sense Summer is here and with it are fanciful dreams of owning a second, seasonal home. Maybe it’s a beachside bungalow or a mountain cabin or a lakefront cottage with a front porch and a sweeping view of the sunlight on the water. All of … Read More about Benefits of Owning a 2nd Home in Today’s Market

The prospect of paying costly premiums for long-term care insurance that you might never use might discourage you. Enter the long-term care annuity. When planning for the potential cost of long-term care, you’ve probably considered long-term care insurance. But premiums can be expensive, and if you do buy the coverage, you probably hope you never … Read More about Long-Term Care Annuities