Most Popular Family and Relationships Articles

    The Retirement Calculator for Married Couples (or Any Couple)

    The Retirement Calculator for Married Couples (or Any Couple)

    Retirement planning is complicated.  Retirement planning when you are a married couple — or any kind of couple in a committed relationship — is doubly complicated.  You need to use a retirement calculator for married couples.  Or, a retirement calculator for couples. Not only are there double the financial considerations, but your values and priorities may ...

    Are You Female or Married to One?  The HUGE Retirement Disadvantage You Will Face

    Are You Female or Married to One? The HUGE Retirement Disadvantage You Will Face

    While there are lots of benefits to marriage, if you are a woman or you are married to one, you face a a huge retirement disadvantage -- a significantly steeper climb toward having adequate retirement savings. A new study from TIAA estimates that in order for two recent college grads to have the same amount of ...

    8 Topics to Tackle if You Want to Survive Retirement with Your Spouse

    8 Topics to Tackle if You Want to Survive Retirement with Your Spouse

    Before you got married, you probably discussed where you wanted to live, whether or not you would have kids and your general hopes for the future. Before you bought a house, you and your spouse talked about where would be best, what size home you hoped to acquire and more. Before you had kids, you hopefully discussed ...

    Boomers Have a Retirement Problem: Boomerang Kids - An Adult Child Living at Home

    Boomers Have a Retirement Problem: Boomerang Kids – An Adult Child Living at Home

    Baby boomers who are still financially supporting their adult children (a group called boomerang kids) are increasingly finding that doing so is keeping them from reaching retirement, a new study shows. In fact, only 21% of baby boomers who support their adult children are retired — compared with 52% of boomer households whose adult children are ...

    The Sandwich Generation Issues: 3 Ways to Alleviate the Stress

    The Sandwich Generation Issues: 3 Ways to Alleviate the Stress

    Many are familiar with the nicknames given to different generations, from the Greatest Generation to the Baby Boomers and Gen Xers. But a growing number of people are now getting acquainted with what’s being called the “Sandwich Generation”—the cohort of Americans who have dependent children along with elderly parents. Members of the Sandwich Generation are typically ...

    Divorce After 50: Don’t Let ‘Gray Divorce’ Ruin Your Retirement

    Divorce After 50: Don’t Let ‘Gray Divorce’ Ruin Your Retirement

    When you say ‘I do,’ your personal finances may not be the first thing on your mind. But the truth is, couples who get married and stay married have benefits that single people simply don’t, such as being able to split up expenses and having two (or more) sources of income. However, not everyone stays married ...

    Giving Money to Family?  Are You Handing Out More or Less than Average?

    Giving Money to Family? Are You Handing Out More or Less than Average?

    As if saving enough to pay for your own retirement isn't worrisome enough, research from Merrill Lynch and Age Wave suggests that most people over 50 (6 out of 10 in fact) are providing financial support to family members in need -- either on a one off basis or as continuing regular support.  Giving money ...

    Want to Pay for Your Grandchildren's Education? Here’s How to Make it Happen

    Want to Pay for Your Grandchildren’s Education? Here’s How to Make it Happen

    Nearly three-quarters of grandparents think it’s important to help their grandchildren pay for college, according to new research from Fidelity Investments, but the ability to financially contribute to college education requires planning ahead. Many grandparents value college education and believe it’s an important component for providing young people with the best opportunity to succeed, indicates Fidelity’s ...

    Retirement Planning: How to Invest Money from an Inheritance

    Retirement Planning: How to Invest Money from an Inheritance

    Over their lifetimes, baby boomers are estimated to receive inheritances totaling $8.4 trillion — undoubtedly leaving this generation with the question: What should I do with my inheritance money? The answer: Invest in your retirement. While $8.4 trillion might already be on the way, another $3.2 trillion is expected to add to that, when taking into account ...

    The Best Investments for Children and Grandchildren: Consider a 529 Plan instead of Retirement Plan Withdrawals

    The Best Investments for Children and Grandchildren: Consider a 529 Plan instead of Retirement Plan Withdrawals

    Many grandparents and parents strive to help their children pay for college. But there are smart — and not-so-smart — ways to assist them. The gratification of being a grandparent stems from the ability to help shape another generation, according to an AARP survey of grandparents’ insights and spending habits. Part of this gratification comes from ...

    Family and Retirement: 5 Reasons Why Your Loved Ones Might Be a Major Risk to Your Retirement Security

    Family and Retirement: 5 Reasons Why Your Loved Ones Might Be a Major Risk to Your Retirement Security

    Saving for retirement can be an incredibly difficult task, especially when your path is filled with hurdles such as job loss, rising inflation and debt. One obstacle you may not think about is your own family. Juggling family commitments makes it hard for many adults to save for their own financial future and forces many ...

    4 Ways to Help Your Grandchildren Financially

    4 Ways to Help Your Grandchildren Financially

    Once you have solidified your own retirement plan and have saved enough, you may find yourself wanting to help your grandchildren. You might want to lessen their financial burden by paying for college or reward them for meeting various goals. 1. Gifting Giving money is one way to help your grandchildren. If you are in the financial ...

    What to Do When Your Siblings Are Taking Advantage

    What to Do When Your Siblings Are Taking Advantage

    "When it comes to caring for your aging parents, do you ever feel like your siblings are putting too much of the responsibility on your shoulders? Whether it's day-to-day care tasks or paying the bills, if the division of labor is making you angry, it's time to take action. Find out what the experts advise." What ...

    Expert Interview Series: Multi-Generational Households in Retirement

    Expert Interview Series: Multi-Generational Households in Retirement

    Have you ever considered living in a multi-generational home? According to the U.S. Census Bureau, a multi-generational family is defined as "those consisting of more than two generations living under the same roof." If you enjoy being around family and you're planning for retirement or nearing retirement age, multi-generational living might work in your favor. To learn more ...

    Irrevocable Trusts and the Reverse Mortgage Opportunity

    Irrevocable Trusts and the Reverse Mortgage Opportunity

    Reverse Mortgage Daily, January 6th, 2010 Irrevocable trusts can now be used for reverse mortgages, according to Paul N. Lovegrove Esq., President of Attorney Trust Review.  While traditionally reverse mortgages have not been permissible if the home is in an irrevocable trust, Lovegrove says there is no basis for the policy, adding that there is, "Nothing in the HECM ...

    Do You Want a Retirement Job Caring for Your Grandkids?

    Do You Want a Retirement Job Caring for Your Grandkids?

    You spend most of your adult life planning for retirement. You might also spend a lot of time thinking about one day having grandkids. But what you might not predict is a phone call asking whether you'd be interested in a new job - that of child care provider for the newest family member. Men and ...

    5 Secrets of Retirement Planning for Women (Wives, Moms, Daughters)

    5 Secrets of Retirement Planning for Women (Wives, Moms, Daughters)

    Retirement planning for women -- wives, daughters, mothersBoth women and men continue to save money for retirement in their 401(k)s at the same rate, but due to many factors, women -- you, your wife, your daughter, your mother -- are less financially prepared for retirement than men, according to recent research from Aon Hewitt. Of ...

    Family Caregiver? 5 Tips for Keeping Your Own Retirement Plans on Track

    Family Caregiver? 5 Tips for Keeping Your Own Retirement Plans on Track

    The costs of being a caregiver can be overwhelming.  There is the extreme emotional turmoil but there are also serious financial concerns -- from money spent out of pocket and from time spent caregiving instead of earning income. As many as 30% of caregivers spend more than $10,000 per year on a loved one and 21% ...

    Christmas or Retirement? Put Your Holiday Spending in Perspective

    Christmas or Retirement? Put Your Holiday Spending in Perspective

    The holidays are right around the corner, and while that involves the excitement and cheer of family get-togethers and festive parties galore, for many it also means the financial stress of buying presents for their children. The majority of parents spent more than they intended on their kids during last year’s holiday season, according to a ...

    7 Facts About Grandparenting from Leslie Stahl’s New Book

    7 Facts About Grandparenting from Leslie Stahl’s New Book

    Lesley Stahl knows a lot about a many different things.  As a long time journalist -- most notably for "60 Minutes," she has covered Watergate, President Reagan’s assassination attempt, the Gulf War and many of the historic events that have shaped our world. However, of everything she has experienced in her life, becoming a grandmother is ...