Will your adult children find your porn stash?
People talk about the indignities of old age. Needing help with simple tasks like eating, bathing, and toileting. Not being able to drive. Not being able to get around. Ending up in a nursing home. The losses pile up.
Maybe you’ve seen it happen to your parents. Their...
When Should You Start Planning for Retirement?
Financial planners tell you to begin saving for retirement when you’re still in your 20s. Start as early as possible and save as much as you can, they advise. Estate planning attorneys tell you to create your first will, power of attorney, and advance directive when you’re...
“There’s No Playbook”: Son Learns the Hard Way How Difficult It Is to Take Over the Affairs of an Aging Parent in Mental Decline
Ask someone who has been there, and they’ll tell you that caring for an aging parent in decline is one of the hardest things they’ll ever have to do. In this eye-opening article in US News, a...
Battle Over the Estate of Artist Bob Ross Once Again Shows How Poor Planning Can Rob Family Members of Their Inheritance
The list of celebrities whose poor estate planning has created nightmares for their family is long and growing. We’ve read about Casey Casem, Tim Conway, Aretha Franklin, and Prince. Now we need to add the late Bob Ross – the PBS painter who coined the phrase “happy little...
You don’t need to be rich to have a good retirement
Traditional retirement planning advice says that if you have enough money, everything will be okay. Money gives you the means to solve any problem, right?
This sounds good in theory, but it often fails in practice. The tragic stories of people like American Top 40 DJ...
Spring is Here, and the Time is Now to Set Financial Goals for the Rest of 2019, says Motley Fool
Spring is here, that season when a young man’s (or young woman’s) fancy turns to thoughts of – financial planning? That’s true, if you subscribe to the advice we found in this very recent column on the Motley Fool website. Financial columnist Michael Aloi says right now is...
The Key to a Happy Retirement is Planning, Says MarketWatch – and Not Just Financial Planning
We’re always a bit skeptical here at AgingOptions when we encounter an article – especially in a financial website like MarketWatch – with a title like, “Everything You Need to Do Before You Retire.” Nine times out of ten, it’s an article about saving more, spending less,...
Kiplinger: Beware of these Four Dangerous Assumptions – They Could Devastate Your Retirement
None of us has a crystal ball, so when we look ahead to our retirement years we have to make some educated assumptions about all sorts of things – where our money will come from, how healthy we’ll be, and how much our kids will be involved in our lives, just to name a few....
“Bored Boomers” Are Beginning to Ask, “Is Today’s Retirement Model Irrelevant?”
The so-called modern view of retirement is pretty straightforward. You start your work life with a series of jobs in your late teens and early twenties. Eventually you settle into your “life’s work” and follow that journey for four decades or so, saving money along the way....
Some Surprising Things Millennials Want to Hear from Boomer Parents
Here at AgingOptions, one of the hallmarks of our LifePlanning process involves clear, complete family communication. Over the years we have dealt with many difficult situations in which Mom and Dad never sat down with their adult kids to go over their retirement plan and...
