by SDP Team | Apr 18, 2023 | Money in A Growing Family
Thanks to healthier lifestyles and advances in modern medicine, the worldwide population over age 65 is growing. In the past decade, the population of Americans aged 65 and older has grown 38% and is expected to reach 94.7 million in 2060. As our nation ages, many...
by SDP Team | Apr 18, 2023 | Money in A Growing Family
College marks a great milestone in a child’s life. It may be the first time he or she will live away from home. Dropping off your child at college may be an experience loaded with emotions, so here are a few tips for a smoother transition. Accept that the Parent-Child...
by SDP Team | Apr 18, 2023 | Money in A Growing Family
As parents, we encourage our children to work, so they can learn important values about work and independence. At what point, if at all, do children need to file an income tax return for the money they earn? The IRS does not exempt anyone from the requirement to file...
by SDP Team | Apr 18, 2023 | Money in A Growing Family
Creating a personal financial calendar can help you stay on top of important financial tasks and deadlines throughout the year. Here’s a sample calendar to get you started: January Set financial goals for the yearCreate a budget for the yearReview your...
by SDP Team | Apr 18, 2023 | Money in A Growing Family
In 2021, the average flood claim payout from the National Flood Insurance Program was $44,401.1The financial loss that comes with flooding can be devastating. Yet, many Americans are not protected against flood damages, primarily because flooding is not covered under...
by SDP Team | Apr 18, 2023 | Money in A Growing Family
Retirement spending typically changes with time in several ways: Early Retirement: In the early years of retirement, many people may spend more than they did during their working years. This is because they have more free time to travel, pursue hobbies, and engage in...