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Financial Planning & Management

Retire Early, Live Longer? What Science Really Says About Early Retirement and Longevity

Have you ever thought that quitting your 9-to-5 job might actually help you live longer? I’ve been researching this interesting topic for my blog, and what I’ve found might surprise you. The link between early retirement and longevity isn’t as simple as headlines might make it seem, but there’s strong evidence that quitting your job … Read more

Safeguarding Your Parents’ Nest Egg: A Practical Guide to Protecting Elderly Parents’ Money

Being the child of an aging parent often comes with unexpected responsibilities and difficult decisions. Your roles start to change as you take on more caregiving responsibilities for your parent. You may also find yourself making decisions for your parent that they would normally make on their own. If the time comes when your parent … Read more

Does a Trust Override a Beneficiary on a Bank Account? Understanding the Hierarchy in Estate Planning

Wills and trusts are popular estate planning tools, but they aren’t the only options for passing down assets. Items like life insurance policies, annuities, retirement accounts, and bank accounts that have beneficiaries listed can usually be sent directly to those beneficiaries when the owner of the item dies. As an example, if a decedent had … Read more

Do Married Couples Both Receive Their Social Security? Complete Guide for Couples

Yes, Married Couples Can Both Receive Social Security Benefits! If you’re approaching retirement age and wondering about Social Security benefits for you and your spouse I’ve got good news for you. The simple answer is YES – both spouses in a marriage can absolutely receive Social Security benefits simultaneously. But there’s a lot more to … Read more