October Is National Financial Planning Month

October Is National Financial Planning Month

Saving is a great start, but planning to reach your financial goals is even better. Are you saving for retirement? Great. Are you planning for retirement? That is even better. Planning for your retirement and other long-range financial goals is an essential step – one...
Gen X retirement plans: Still time to catch up

Gen X retirement plans: Still time to catch up

What’s working Like their baby boom elders, many working Gen Xers have heard and acted on the message that they need to save for retirement. More than three-fourths (77 percent) of survey respondents said they’re saving for retirement in an employer-sponsored...
Do Our Biases Inhibit Our Retirement Savings Efforts?

Do Our Biases Inhibit Our Retirement Savings Efforts?

They may affect our attempts to build wealth.    Picture an 18-wheeler, its 4,000-cubic-foot cargo trailer filled to capacity with stacks of $100 bills. The driver shuts and locks the trailer, closing the door on roughly $10 billion. Now imagine that truck driving off...
Filial Responsibility Laws

Filial Responsibility Laws

Could you be required to provide financial support to your parents? Imagine your parents outliving their money. A terrible thought, right? Should this occur, there will be one of two outcomes. Either your parents will move in with you (or someone else), or your...
Elder Abuse:  The Elephant in the Room

Elder Abuse: The Elephant in the Room

A growing problem in the United States is what is called “elder abuse”.  It occurs in nursing homes, assisted living facilities and especially in the safety of home.  It is not always intentional, but it often is.  Elder abuse can be neglect or it can be conscious...