Family and Relationships

5 new books offer compelling arguments and strong evidence for surprising habits that will result in a healthier and happier life.

Giving money to family can be rewarding, but at what cost? Explore 6 important facts about supporting family members.

This gift guide is focused on helping you give long term financial success and happiness to everyone on your list, young and old.

The best gift to leave heirs isn’t a lot of money. What’s really valuable is to pass along strong financial values and knowledge. Learn how.

New research on cross class friendships is another data point on why we are better off when we mix across wealth, health, and age.

Talking about money with friends, family, and peers can improve your financial outcomes. You’ll make better decisions.

You may want to help your children or grandchildren financially. If you have the money, here are 9 tips for passing it on. Learn more…

This article explores average inheritance numbers. Find out if you can you afford retirement and a financial legacy and explore tips regarding inheritance.

Inheritance is only one aspect of what can be a very emotional time period. It can be useful to know what happens when you inherit money or assets. Below are 7 ways to prepare. 1. Don’t Expect It The old adage, “don’t count your chickens before they hatch,” rings true when it comes to inheritances.…

The holidays can be an important time to discuss finances with your family. Get tips for how to have a productive talk with those you love!

Retirement calculators designed for couples have special features to make results reliable and useful. Find out what you need.

Choosing the right Social Security strategies can be a $100,000 (or more) question. Find out how to make the most of this benefit with 16 easy tips.

One of the happiest ages in life occurs in what many would consider “old age.” Find out which two years will be (or were) your happiest ever.

Here are 16 tips to help you stay financially stable following a divorce after 50. Get the information you need.

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…

Retirement planning is complicated. Retirement planning when you are married – or part of any kind of committed couple – is doubly complicated. If you are married, you need to use a retirement calculator with inputs designed for couples. When you are part of a couple, there are double the financial considerations. Furthermore, your values…

As you prepare for children to fly the coop, it is worthwhile to consider what type of empty nest parent you might be. Are you: Super proud that they are setting out on their own? Still supporting them financially? Relieved and happy to have more time on your own? Sad and lonely that your children…

When approaching retirement, it’s common for people to start thinking about legacy planning: how they’ll be remembered and what they’ll leave behind. In most cases, leaving a legacy for children, grandchildren, or charities – and other causes people are passionate about –  takes careful planning and the advice of a financial planner. Read on for…

Baby boomers who are still financially supporting their adult children (a group that is sometimes referred to as “boomerang kids”) are increasingly finding that doing so is keeping them from reaching retirement, a study shows. In fact, only 21% of baby boomers who support their adult children are retired–compared with 52% of baby boomer households…

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. A study by AARP found that family caregivers spent an average of nearly $7,000 a year of their own money–more…

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. It can force…

Members of the Sandwich Generation are typically in their 40s or 50s today, and there are quite a lot of them: about 53% of Millennials and 29% of Gen Xers, according to sandwich generation statistics reported by the Pew Center. Having two sets of dependents (children and parents) can be burdensome financially as families are…

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

The life transition of becoming a parent with an empty nest is a life transition that is not often talked about (at least not much as we analyze the impact of other major life events, such as getting married, having children, and retiring).  However, the act of your children leaving home has emotional and financial…