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Showing posts from July 16, 2016

Saturday Finances—When to Stop Giving Money to Adult Children

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I'm not an expert.  I'm just paying attention.

"Neither a borrower nor a lender be;  for loan oft loses both itself and friend,  and borrowing dulls the edge of husbandry."
~Polonius to his son, Laertes — Hamlet, Act 1, Scene 3




Empty Nest & Beyond

Findings Only 21% of workers are confident that they'll have enough money to live comfortably in retirement.  —Employee Benefit Research Institute's Retirement Confidence Survey 2016 26% of workers have less than $1,000 in savings & investments that could be used for retirement (not counting primary residence and workplace benefits, e.g. pensions).  —EBRI RCS 2016 54% of workers have less than $25,000 in savings & investments that could be used for retirement (not counting primary resident and traditional work benefits. —EBRI RCS 2016 Fidelity's Benefits Consulting Services estimated that the average healthcare cost for a couple, both age 65, who retired in 2015 would be $245,000, up from $220,000 in 2014. …