Children

Why are we afraid of retirement?

May 01 2024

I retired last year at 60. My wife plans on retiring next April at 60 as well. We’ve done ok in life relatively speaking. We will be able to buy a retirement home and live near our kids fairly c...

reddit.com

How Chronic Diseases In Aging Parents Affect Adult Children

Apr 30 2024

Boomers may not be as healthy as their parents were at the same age. This points to the need for long term care. The burden can fall on family to give that care....

forbes.com

Getting Fit After 50 Is Tough!

Apr 28 2024

Fitness is an integral part of a healthy lifestyle. We need to exercise to stay healthy. However, life often gets in the way. Most of us are busy with work, kids, chores, social gatherings, side hustl...

retireby40.org

Lifestyle

How to Help Your Kids Without Ruining Your Retirement

Apr 26 2024

Here are some general considerations to ensure the gift of assets to your kids will not negatively affect your financial future....

kiplinger.com

How To

Don’t Buy A Vacation Property Until After You Have Children

Apr 17 2024

Unlike buying a primary residence, where I believe you should buy one as soon as you can afford to, purchasing a vacation property is a different matter. Nobody needs to buy a vacation property; it's ...

financialsamurai.com

How To Pay For Your Children's College Even After Being Laid Off

Apr 17 2024

There are strategies to keep your kids in school. Start by having a frank talk with your financial aid officer....

forbes.com

How To

College

Three Ways to Give to Your Kids Tax-Free While You’re Still Alive

Apr 13 2024

Parents can see the positive impact of their giving through tax arbitrage, giving cash (within limits) or directly paying for school or medical expenses....

kiplinger.com

Taxes

Your Kids' Tax Brackets Could Lead to Unequal Inheritances

Apr 12 2024

Sometimes, divvying things up equally means one child might end up with less because of tax implications. Here’s how to avoid that....

kiplinger.com

Taxes

Resist the Taboo: Talk to Your Kids About Family Wealth

Apr 09 2024

Family discussions about money are important in educating children about financial concepts and the family’s legacy....

kiplinger.com

Wealth

Four Ways to Give Money Tax-Free to Your Kids When You Die

Mar 31 2024

If you’d prefer that your estate not pay more taxes than necessary, then these strategies are for you....

kiplinger.com

Taxes

Bureaucracy, Paperwork Block Access to Government Aid

Mar 27 2024

Seven million low-income Americans who would qualify for SNAP food stamps are not receiving them. And millions have fallen out of their state’s Medicaid coverage or Children’s Health Insur...

crr.bc.edu

Income

Health

When Flying Toward Retirement, Secure Your Own Mask First

Mar 24 2024

Parents often feel compelled to help their kids pay for college, but when that could result in you moving in with them later, you should put your savings first....

kiplinger.com

Do You Help Funding Private School?

Mar 23 2024

How many of you help fund private elementary and secondary school for grand children or maybe even children? This is something I never thought would be a consideration, but we all know schools have ch...

reddit.com

Disclosing Retirement Date to Employer

Mar 19 2024

So I have set my retirement date! I am turning 60 this year and plan to retire at 65. March 15, 2030. I choose this date as I want my kids to be fully financially independent. My son is in grad school...

reddit.com

?? Retirement: What It Means for Parents of Disabled Kids (AARP Article)

Mar 08 2024

THANK YOU AARP FOR DOING THIS ARTICLE AND HATS OFF TO THESE PARENTS ??? For hundreds of thousands of retirees, focus on caring for kids ‘is just life’. By Jon Marcus, AARP. Published March...

community.aarp.org

A 90-year-old woman volunteers at a senior center making children’s clothes

Mar 06 2024

B.O.S.S. Retirement Solutions is proud to sponsor the Treasure Valley Silver Awards By:Idahonews.com BOISE, Idaho (CBS2) —90-year-old Mary Lou Hay says the key to a happy retirement is staying a...

bossretirement.com

Why Women Outlive Men but Save Less for Retirement

Mar 02 2024

Link to the original article Lower pay, fewer promotions and career breaks to have children make saving difficult; as a result, the poverty rate for older women is rising By Terri Williams for NextAve...

wiserwomen.org

Career

Savings

Don't know where to retire. Got to social support. No partner or Kids. Advice?

Feb 24 2024

I am 63. I just learned the term "Elder Orphan". I'm 63. Seems like I'm headed to be one. Yes is scares me. :-( Got to face that I suppose. So. What to do? Where to go? What town? What living situatio...

reddit.com

What should I give my son for graduation?

Feb 14 2024

Posting this here because we are all of that age where we have older kids. What did you give your sons for college graduation? submitted by /u/Aggressive-Coconut0[visit reddit] [comments]...

reddit.com

College

The Cost of Raising A Child

Feb 13 2024

Will kids ruin your plan to FIRE? (Financial Independence Retire Early) Kids can be expensive, but don’t let that stop you. They might change your plan a bit, but FIRE won’t be out of reac...

retireby40.org

Retirement and no family support

Feb 11 2024

My wife and I have no kids or family. What should we be thinking about and planning differently than if one had a big family? We have a will and the packet that goes along with that. I was hoping to f...

reddit.com

Spouse

How many of you stayed in the homes where you raised your kids vs downsizing?

Feb 01 2024

Background: our house should be paid off by the time we retire. We have raised a pack of kids, one has boomeranged back and the youngest is still in college. The others are out on their own. We are re...

reddit.com

Downsizing

When COVID Aid Stopped, Millions of Children Lost Out

Jan 30 2024

To gauge how much the federal government’s COVID assistance helped the nation’s disadvantaged children, consider what happened after the relief stopped. Millions of low-income children hav...

crr.bc.edu

Demographic Changes Highlight Growing Retirement Challenges

Jan 30 2024

The U.S. Census Bureau projects that by 2034, there will be more senior citizens than children for the first time in American history....

forbes.com

Retirement and children with special needs

Jan 29 2024

I'd like to learn from those already retired and have adult children with special needs. I'm heading towards 64 and am still working, but the retirement bug has bit. My daughter is 32 and has Downs Sy...

reddit.com

No kids, no heirs...what's your plan for your assets and stuff?

Jan 14 2024

We've got no kids and I'm not particularly close to my niece and nephew, having spent all of about 20 hours with the since they were born. My partner and I do need to make a will because it's irrespon...

reddit.com

My Children’s Inheritance

Jan 08 2024

[Editor's Note: In 2023-24, our goal is to give a free copy of The White Coat Investor's Guide for Students to every first-year student who’s in the medical field. But we can’t do it alone...

whitecoatinvestor.com

2024 Financial Samurai Goals: One Last Year Of Intense Focus

Jan 01 2024

Happy new year everyone! For 2024, my theme of the year is, “One last year of intense focus.” This marks my 15th year running Financial Samurai, coinciding with both my children starting f...

financialsamurai.com

Holiday Gift Guide: Great Financial Wellness and Investment Gifts for Everyone in the Family (Even the Kids)

Dec 08 2023

Another gift guide? Yep! But, this one is focused on long term financial success and retirement happiness – not cool gadgets and warm sweaters – for everyone on your list, young and old. W...

newretirement.com

I’m considering buying term life for my son

Dec 02 2023

My younger son was our problem child and we spent thousands bailing him out of his poor decisions and scrapes with the law. He is now married and has 3 kids. His wife doesn’t work although there...

reddit.com

Spouse

I Will Inherit; Should I Leave an Inheritance

Dec 01 2023

I’ve read a lot of sentiment here about dying broke or that one’s children are doing well and can take care of themselves. I’d like to add a wrinkle. My mother’s family left he...

reddit.com

Out Of Money

How Many Medicaid Recipients Might Be Eligible for SSI?

Nov 30 2023

Abstract Children’s participation in the federal Supplemental Security Income (SSI) program has declined substantially over the past decade. Many children with disabilities might be eligible for...

crr.bc.edu

Income

What is your thoughts on helping adult kids in these tough times?

Nov 28 2023

I'm curious to see how many help their adult children out financially and with what. For instance, I help my youngest, age 24 out with rent and a couple bills right now....It's a pretty big little chu...

reddit.com

The Financially Savvy Holiday Gift Guide (for Your Kids or Anybody Else on Your List)

Nov 22 2023

[Editor's Note: For a doctor or high earner who is looking to maximize convenience while saving money and earning free travel, it makes perfect sense to find the right credit card. If you need help fi...

whitecoatinvestor.com

How to Teach Your Adult Children to Plan for Retirement

Nov 14 2023

James walks through a framework of how you ensure that your legacy goals include more than just leaving a chunk of money to your kids when you're gone. He explains the key concepts that can help your ...

buzzsprout.com

How To

Retirement and kids in and out college--managing the transition

Nov 14 2023

I'm looking for any experiences from folks who retired close to the time that their kids were in or had just graduated from college. I have one who is a freshman and another who will start in a year; ...

reddit.com

College

Struggling with becoming a spender not a saver

Nov 13 2023

Me and my wife both 67 I've worked full time her a few years as we raised 5 kids. Was hard to save in those early years but last few have been great. Managed to have 600k in 401k 600k already taxed ea...

reddit.com

401k

Spouse

Help! Dad, 85, Fell For Online Romance Scams

Nov 08 2023

85 year old man lost $200K to romance scammers. He thinks he's fine, but he's impaired. What his kids did to protect him from repeating the mistakes about money....

forbes.com

Mistakes

Poll- Actions around personal finances

Oct 29 2023

Recently I was speaking with another parent about financial advice we gave our children. So when I read about this poll at a popular blog , the retirement manifesto , https://www.theretirementmanifest...

reddit.com

Advisors

How I Teach Kids About Money By Getting Rid Of Their Stuff

Oct 28 2023

As parents, we’ve all encountered the seemingly inexhaustible supply of toys, gadgets, and general kid stuff that seems to multiply in our homes. If you’re anything like me, you’ve p...

dadisfire.com

Wisdom for Our Children - Spending, Saving, and Investing

Oct 26 2023

We often try to overcomplicate finances, but simplicity is the key. That’s not to say simplistic: simple doesn’t equal simplistic. On this episode, we wrap up our Wisdom for Our Children s...

rogerwhitney.libsyn.com

I'm torn between travelling and nesting...

Oct 25 2023

60 yo single male, no kids here. Retirement is on the horizon, but I have two conflicting visions of what the first few years of my retirement should look like. On one hand, I'd like to buy a mid-size...

reddit.com

Wisdom for Our Children - Family and Friends

Oct 18 2023

Your family and friends are the people you walk life with, so it is important to choose wisely. In this episode of our Wisdom for Our Children series, Nichole joins me to reflect on what the younger g...

rogerwhitney.libsyn.com

r/retirement who am I after career and children

Oct 06 2023

Today I woke up and decided to do something that I have never done before! My daughter has been telling me about the Reddit community and encouraging me to at "least read some of the posts". Well, I d...

reddit.com

Career

Should Parents Cut Digital Apron Strings With Their Kids?

Mar 27 2023

Tech makes it easy to keep in touch but it may not be good for them — or you...

aarp.org

How retired parents can use the FHSA to help their adult children

Mar 23 2023

If you’re a retiree or close to retiring, you probably have a paid-off principal residence, or should be close to having one. However, many retirees—including me—have grown children ...

moneysense.ca

Retired

The Best Side Hustles For Seniors In 2023

Mar 22 2023

All the kids are doing it, so why not you? Retirees are increasingly earning extra income by running a small side hustle. What are the best ideas right now?...

forbes.com

Income

Side Hustle

Small Sprinkles Gleam Brightly

Mar 14 2023

The sky was beginning to cloud over, kids were playing, ducks were looking for bread crumbs, bikers rolled bywhile teens on skateboards defied gravity. Sitting in a folding chair and watching the scen...

satisfyingretirement.blogspot.com