How Grandparents Can Help with College Costs
It is no surprise that as college costs continue to climb, many grandparents are stepping in to help. Many of these grandparents are Baby Boomers, who value a college education and are willing to assist their grandkids with gifts predicted to be trillions of dollars over the coming decades.
Social Security Retirement Benefit Basics
The first wave of Baby Boomers is already past retirement age, and they are enjoying the benefits of Social Security. For most Americans, Social Security is a major source of retirement income. Here are some basics you will need to know.
Keep Your Eyes on That Retirement Goal
Many Americans are not financially prepared for retirement, with almost a third of working adults without savings or a pension, according to a recent Federal Reserve study. To avoid having to drastically downsize and reduce your living standard once you reach retirement age, it is vital to set a goal and keep your eye on that prize.
Keep Your Eyes on That Retirement Goal
Many Americans are not financially prepared for retirement, with almost a third of working adults without savings or a pension, according to a recent Federal Reserve study. To avoid having to drastically downsize and reduce your living standard once you reach retirement age, it is vital to set a goal and keep your eye on that prize.
Planning for a Balanced Retirement
Financial readiness is a vital part of retirement, but planning for a balanced lifestyle once you retire is just as important.
Millennials Face Tough Retirement Decisions
Many Millennials think retirement is so far in the future, it is not even on their list of issues to worry about. However, statistics show that for these young adults, retirement could be a huge problem unless they start to plan early.
Women Need to be Proactive about Finances and Retirement
Relying on your husband to take care of the finances and retirement income was an accepted practice in the past. Today women have to take a new approach to their financial future. Relying on a spouse is income and savings is no longer a risk-free option.
David Lerner Associates: Scholarships and College Savings
As the cost of a college education continues to climb, paying for it has become a major family expense. Many couples report starting a college fund shortly after their baby is born.