Children

College

Retirement with kids still in school, older parents.

Nov 13 2024

Curious if anyone who retired or thinking of it with kids still in school? We are older parents (59, 53) with middle school child. We both plan to retire from full time careers to opportunities of par...

reddit.com

Want Your Kids to Inherit? You Need an Asset Protection Plan

Nov 09 2024

You've worked hard for your wealth. Don't let it fall into the wrong hands. Consider prenups, trusts and other protections to safeguard your family legacy....

kiplinger.com

When did you tell your kids about your money?

Nov 07 2024

As we approach retirement, my wife and I are wondering when we should give our two financially responsible grown kids a heads up on our finances. We feel they should know just in case (god forbid) som...

reddit.com

How I Teach My Kids About Money: By Taking Their Candy

Nov 06 2024

Raising financially savvy kids starts with little lessons that help them understand value, patience, and sharing. This year, Halloween brought us the perfect opportunity to have fun while teaching som...

dadisfire.com

I’m just going to take a long walk today

Nov 05 2024

While most others are juggling their commute to work, their meeting schedule, what their kids are dealing with, what leftovers can be reheated quickly, all at a moment that adds a layer of anxiety to ...

reddit.com

How Much Financial Help Should You Give Your Kids?

Nov 01 2024

A few months ago, there was a Reddit post in which a 30-year-old discovered his parents (and in-laws) had accumulated ... Read more...

physicianonfire.com

How Much

Debunking the Myth of the Silver Spoon

Oct 30 2024

Just because your family is wealthy doesn't mean life's all smooth sailing for your kids. When family dynamics are complicated, communication is key....

kiplinger.com

The Surprising Benefits Of Donating To Your Kid’s School

Oct 30 2024

Out of all the things you could donate your hard-earned money to, giving to your child's school might not be at the top of your list. If your children attend a private grade school with sky-high tuiti...

financialsamurai.com

? 7 Things to Know About Survivor Benefits for Children (AARP Article)

Oct 29 2024

FROM THE ARTICLE - SEE ARTICLE FOR MORE!!! Need to Know About Social Security Survivor Benefits for Children. Monthly payments can help offset financial impact of losing a loved one. By Patricia Amend...

community.aarp.org

This Is the Single Most Important Thing You Can Do to Prepare for Retirement

Oct 22 2024

James sits down with someone who’s financially set to retire—mortgage paid off, kids through college, and investments in place—but he’s still grappling with one big question: w...

buzzsprout.com

College

Real Estate

Want to Give Money to Your Adult Children? 10 Things You Should Know

Oct 21 2024

It’s less taxing to give money to your adult children than you might think. A good plan can help you avoid certain pitfalls — and drama....

kiplinger.com

Stay Close to Kids or Relocate?

Oct 19 2024

My wife and I are in our 50s and are looking to retire by 60. We have been talking about relocating to an active adult community closer to the coast... we have always wanted to be closer to the ocean....

reddit.com

How Much Do Kids Cost?

Oct 14 2024

How much does it cost to raise a kid? Well, according to the USDA it’s $233,610 USD through age 17. And this doesn't even include college costs! That study was done back in 2015, so when you adj...

millennial-revolution.com

How Much

Effective Ways To Protect Your Family From Harm’s Way

Oct 08 2024

As a parent, your top priority is to protect your children until they are old enough to fend for themselves. Protecting your children requires good health, being alive, having resources, self-defense ...

financialsamurai.com

Health

55+ communities-Rules for adult children

Oct 08 2024

It is difficult to get straight answers as to whether adult children are allowed to live in these 55+ communities between college and grad school or such. Obviously they cannot buy or rent, but do the...

reddit.com

I Made a Bad $10,000 Investment. On Purpose.

Oct 01 2024

Our post-recital ice cream social was in full swing. The kids were running rampant, the leftover ice cream was slowly ... Read more...

physicianonfire.com

How to Teach Your Adult Children to Plan for Retirement

Oct 01 2024

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

? What Grandparents Should Know About Social Security and Kids (AARP Article)

Sep 30 2024

FROM THE ARTICLE - SEE ARTICLE FOR MORE!!! What Grandparents Need to Know About Social Security for Kids. If you’re raising grandchildren, they may be eligible for benefits. By Martha C. White, ...

community.aarp.org

Social Security

Gen X: We Need to Talk About Your Retirement

Sep 29 2024

Juggling kids, aging parents and work? No wonder you don't want to talk about your own retirement. But there are four key areas you should be discussing now....

kiplinger.com

The Curious Inability To Spend Money On Yourself

Sep 25 2024

Recently, I hit a major milestone in my journey to overcome what I like to call “frugality disease.” I spent $160 for an hour of private lessons for my two kids. In the past, I would&rsquo...

financialsamurai.com

Lessons

Health

Harris And Vance Focus On Children, What About Caregivers Of Frail Elders?

Sep 18 2024

More than 8 in 10 older adults receiving personal care get that assistance at home. And nearly all that help comes from family members or friends....

forbes.com

Is Traveling With Young Kids Worth It?

Sep 17 2024

This past year, as we traveled, I received all sorts of comments from both Americans and Chinese about how “brave” ... Read more...

physicianonfire.com

Travel

Feeling Guilty: Adult Son Hesitates To Spend Mom’s Money On Her Care

Sep 16 2024

Some adult children, used to an aging parent's independence have trouble facing the need for a caregiver. It's expensive. The elder's assets need to be used to pay for it....

forbes.com

COVID Disrupted Schools’ Role as Funnel for Federal Aid

Sep 12 2024

The Supplemental Security Income program supports more than 1 million disabled children nationwide. Poor and low-income families receive monthly cash payments of up to $943 to help with their care. In...

crr.bc.edu

Income

Help Your Kids Build Wealth

Sep 12 2024

Answering reader questions about how to help your kids build wealth by funding Roth IRAs, HSAs, and 529s; using brokerage accounts to get an attractive yield on cash; and making sure you get your full...

whitecoatinvestor.com

Wealth

How Kids and Grandkids Influence Retirement Planning

Sep 07 2024

Many people value family and family relationships more than anything. So on this episode, we discuss a number of ways that kids and grandkids can end up influencing retirement plans. Glenn is availabl...

retirementroadmappodcast.podbean.com

Age-Appropriate Money Conversations: Teaching Kids Financial Literacy

Sep 06 2024

Many of us only became financially literate when we were adults. But how much would things have changed if we learned about finance as kids? The post Age-Appropriate Money Conversations: Teaching Kids...

whitecoatinvestor.com

Securing Their Future - Retiring with Special Needs Children

Sep 04 2024

If you have a special needs child, you know that your retirement plan will need to include plans for their future. How do you create a great retirement while honoring and caring for your child with sp...

share.transistor.fm

Retiring

What do you want to pass on to your kids about retirement?

Sep 03 2024

Parents often help out their kids with adulting matters, especially major life-changing events like … well, having kids. Probably with restraint and trying not to meddle. Even with the caveat t...

reddit.com

The Best Parenting (Financial) Advice I Ever Got

Aug 31 2024

The best parenting advice I ever got applies to all the thorniest issues we choose to address with our kids—sex, alcohol, drugs, rock ‘n’ roll, and yes, money....

forbes.com

How does retirement work with kids at home?

Aug 29 2024

People are getting married later and kids move out later. For instance I am 62 and going to back to school night tomorrow for my youngest. I can’t downsize yet and I still got my wife and three ...

reddit.com

Real Estate

4 Steps Retirees Can Take Now To Prevent Being A Burden On Their Children

Aug 29 2024

Stop worrying that you’ll be a burden on your children; instead, spend the time it takes to prepare solid plans that your kids can follow....

forbes.com

Don't Let Your Kids' Bad Financial Habits Drain You Dry

Aug 27 2024

When adult kids make financial mistakes, their parents can suffer. So, step in early to help your kids succeed, instead of letting their regrets become yours....

kiplinger.com

If You Always Want More, You Will Never Be Happy

Aug 27 2024

In my conversations with my kids, one topic that frequently comes up is the idea of knowing when enough is enough. It’s a lesson that, while simple, holds profound significance for our happiness...

dadisfire.com

To Be A Great Athlete Is Prohibitively Expensive For Most

Aug 23 2024

Like most people, I enjoyed watching the Olympics. Some of us might even imagine our children becoming elite athletes one day. Unfortunately, becoming a great athlete is prohibitively expensive for mo...

financialsamurai.com

Rental Property Maintenance With Your Kids Solves Two Problems

Aug 22 2024

If you're a real estate investor with children, you may face two significant challenges. The first challenge is holding onto your rental property for as long as possible. You understand that the longe...

financialsamurai.com

Have you moved out of state to be near kids & grandkids?

Aug 22 2024

We’re mid-60’s and considering this within 5 years. We’re currently assisting 88 year old father-in-law and his wife with Dr appts and other miscellaneous things, and we won’t ...

reddit.com

When should we begin to provide details of our accounts to children?

Aug 21 2024

'm 66, wife is 65. I've been "educating" our daughter relative to her 401K, her Roth IRA, cash/savings account, etc. The idea is that If I pass before my wife, it's my daughter to whom I'm trusting to...

reddit.com

No One Wants To Be Told No

Aug 19 2024

No one wants to be told no. Of course that’s true. But parents forget it. Little kids spend the first few decades constantly told no. Why? It’s easy for parents to say no. We have a rule i...

dadisfire.com

Save, Grow, Value: Lessons for Children’s Financial Literacy

Aug 15 2024

I immigrated to the United States when I was six years old. For the first three years of my American ... Read more...

physicianonfire.com

Lessons

Securing Their Future - Retiring with Special Needs Children

Aug 14 2024

If you have a special needs child, you know that your retirement plan will need to include plans for their future. How do you create a great retirement while honoring and caring for your child with sp...

rogerwhitney.libsyn.com

Retiring

To follow or not to follow kids in retirement

Aug 12 2024

Our offspring live too far away for frequent visits -- about a 2.5 hr flight away. I know a lot of retired couples move to be close to their children, maybe because they're hoping their kids will take...

reddit.com

10 Most Expensive U.S. Retirement Communities

Aug 09 2024

Sixty-seven percent of parents expect to pay at least some of their children's higher…...

401kspecialistmag.com

How to Help Your Kids Inherit More Than Just Your Money

Aug 08 2024

When you're gone, you want your heirs to be happy and successful and for your life's legacy to live on. Creative estate planning can help with all of that....

kiplinger.com

How To

Help Yourself First Before Helping Kids Financially

Aug 06 2024

It is natural for a parent to want to help their children financially, but helping kids financially isn’t always the best decision. You may end up hurting them more than helping them – esp...

401kmaneuver.com

Are Your Kids Ready to Inherit Your Wealth?

Aug 04 2024

To prepare your children to take over your family's financial legacy, teach them about money as if they were interns on the path to senior management....

kiplinger.com

Wealth

How I Teach My Kids About Money Using a Lemonade Stand

Aug 03 2024

Every business, no matter how large or small, can be compared to a lemonade stand. This simple concept has been the foundation for teaching my son, who is now 7 years old, about money. Ever since he w...

dadisfire.com

Why You Should Bring Your Kids into Your Estate Planning Meetings

Jul 29 2024

Here are eight reasons why your kids should be involved with your estate planning meetings (and one potential downside to it). The post Why You Should Bring Your Kids into Your Estate Planning Meeting...

whitecoatinvestor.com