You have probably read about the perils of loneliness as you age. And, how feeling alone can actually reduce your life span by as much as regular smoking does. However, did you know that some research suggests that it is not just a matter of having relationships, it is also who your friends happen to…
Family and Relationships News, Information and Guidance
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…
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…
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…
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…
Your adult children want to help you as you age. However, they need you to be open to giving them details about what’s to come, according to the Fidelity Investments Family & Finance Study. The study also found that whether you think you are communicating or not, the kids are not hearing you… (Alas, some…
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…
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…
It’s taboo. It’s not polite. It’s personal. These are all things you’ve probably heard when it comes to talking about money. Keeping your lips sealed about your personal finances is pretty common, but your financial future may be in jeopardy if you’re not willing to have a straight talk about retirement planning. Straight talk about…
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…
