What really happened to Cinderella after she married Prince Charming? Did she live happily ever after?
Many people can’t wait for retirement. They have visions of playing golf, fly-fishing, reading, volunteering, spending hours with their grandchildren, and engaging in all manner of activities they never had time to do before. But several questions often weigh heavily: Do I have enough money tucked away to make my retirement vision a reality? Or will I end up barely scraping by? Can I afford to continue to live in my current home? Or should I downsize or move to a cheaper area of the country?
“The key to building wealth is simple in theory but difficult to do: Spend less than you make and invest the rest,” says Jean Duffy, a CAPTRUST financial advisor in West Des Moines, Iowa.
In this issue, we explore options for financing a second home, take a look at long-term care costs and the tradeoffs of long-term care insurance, and offer our thoughts on prudent retirement portfolio withdrawal rates.
Raising children to be financially savvy presents a unique challenge for affluent parents.
The taboo against talking about money runs deep in our society.
Estate planning involves much more than deciding who will receive our property after we are gone.