Financial Planning

For anyone with an older parent, hard conversations may be in your future: about money, housing options, caregiving responsibilities and even about relationships. These conversations are difficult enough when everyone agrees. But they can become heated and fraught with tension if there’s disagreement or if your parent has diminished decision-making…

It could be an awkward conversation, one complicated by taboos around discussing money matters or confronting long-standing family baggage. But many of us will face this situation, either for ourselves or as the adult children of those in need: that is, the dilemma of adult children who need to step…

Most of us have suffered this sticker shock: You show up at the pharmacy to pick up a new prescription and are astonished at the price- and that’s even if you have insurance. Those with modest or no insurance face a more daunting prospect, including forgoing a costly medication even…

You may not realize it, but if you’re of “traditional retirement age,” yet find yourself getting up each morning to head to the office, you’re part of a growing trend: older people who remain in the workplace well beyond the age that is typical for retirement. And whether it’s money,…

Ladies, you probably need no reminders that due to longer life spans, women are more likely than men to lose a spouse. Experiencing loss is heartbreaking and traumatic. On top of grieving, it can be overwhelming to deal with such new “life logistics” as investments and other money matters. Because…

So you’ve begun planning for retirement and maybe even set an estimated budget. You’ll need to factor in housing and medical care costs and, fingers crossed, money for travel plans. But before you congratulate yourself, ask one more question: Have you considered your transportation costs- either driving your own car…