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If you’re reading this, you’re likely a parent trying to figure out how to save for your child’s college education without “breaking the bank.”
In this issue we offer a few insights about the impact of rising interest rates on bonds and how you can help an adult child become a homeowner.
The saying “hope springs eternal” may capture the sentiments of most couples on the cusp of remarriage. But hope alone doesn’t assure smooth sailing the second time around.
Once the kids have flown the nest, or a family business has matured and changed hands, you might decide that a life insurance policy purchased years ago is no longer needed. As life circumstances change, the coverage may not seem worth the premiums.
For most of human history, there was no such thing as retirement. Life was short, and most workers kept on working until they could not work any longer. Then came the 20th century. Social Security, pension plans, and a growing leisure industry helped invent retirement to move aging workers out of the way of their younger and, presumably, more productive colleagues. In many workplaces, mandatory retirement rules made it official. If you were 65, it was time to trade your desk chair in for a recliner.
“After mom died, Dad quickly started dating someone new. He seemed so happy but I couldn’t help but wonder if his new girlfriend was interested in him—or his money?”
Saving and investing for several financial goals at once can be a difficult juggling act.
Many Americans dream of owning their own home, but the process of buying one can be daunting for first-time buyers.
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