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Life’s circumstances can change in a blink of an eye and you can suddenly find yourself living in different shoes. Many women, both those who are wealthy and those who are a little less so, fear becoming penniless and homeless as they get to retirement age. So if you harbor those fears, you’re not alone. [...]

 

By: Monica Victor The holidays are synonymous to eating, drinking, shopping, singing, dancing and eating some more. And, to create the most hearty holiday meal, Americans slave (some more than others), in the kitchen in an attempt to satiate the taste buds of family, friends in-laws and guests. Food researchers at Del Monte asked 2,500 [...]

 

By: Monica Victor Most Americans usher in the New Year with champagne. And sometime after (or before) the bubblies, come the New Year’s resolutions to either save more, lose weight, or quit a vice like smoking. The tradition is no different for Boomers, but Carl Edwards a Chartered Financial Consultant say their resolutions should include implementing [...]

 

$177,000! That’s the average amount an American is expected to inherit according to HSBC Holdings, a banking company. The cliche “easy come, easy go,” should never apply to an inheritance, but often does. Studies show heirs lose, spend or donate half of their inheritance. Although you didn’t work for it, bear in mind that Aunt Tilly or Grandpa Tom probably worked really hard to amass the wealth they have passed on to you. [...]

 

By: Monica Victor It’s December and besides planning for the holidays, we’re hearing a lot about taking some time to get ready for retirement. December 31st is the deadline to contribute to your 401(k), the deadline to play catch-up and deposit contributions to your 401(k) and the deadline to take the required minimum distributions from your [...]