Your children are your top priority when you’re a single parent. You work hard to give them all your time, love, energy — and money. It’s natural to put your own financial needs on the back burner, ...
How to Strategize for the Future ...
It’s a good problem to have: too much money saved for retirement and additional funds to leave to your heirs. Will you be one ...
・529 plans provide tax advantages for college savings, but parents should not prioritize them at the expense of retirement security. ・Families should use a “Y.E.S.” order of operations: secure ...
How parents can balance both retirement and college saving Tricia Scarlata, Head of Education Savings at JP Morgan Asset Management, sits down with InvestmentNews anchor Gregg Greenberg to highlight ...
Middle-class Americans have saved a median of $67,000 for retirement, but almost half admit they simply guessed how much they need. See how your savings stack up by age and income.
Half of all parents with adult children provide regular financial support. The average support per adult child amounts to $1,474 per month. Some parents contribute more to their kids than to their own ...
Single mom Alison Brewerton recounts how living with her parents gave her financial relief, emotional support, and a fresh ...
Life is more expensive when you live on your own because you have to pay all the bills and face the 'single tax' of paying ...
Failure to plan for decumulation may be the perfect receipe for running out of money in retirement. The earlier you begin to plan for decumulation, the more time you have to decide what you want your ...
While media likes to make this sound sad, and expensive, there are ways that being single in retirement can actually save you money. Retirement experts offered a positive reframe if you find yourself ...