Wendy Marsden had the opportunity to meet with some people in their late teens to answer their questions about finances. This is the letter she wrote them afterward. The thing with being an adult is that you generally have to hear the same information from a couple of different directions before it starts to gel . . . when you encounter these concepts later in the wild you’ll be ready for them to click.
Help families navigate the challenges involved in determining who gets the “stuff”
As your parents begin to settle into their final phase of life, their health, residence, and finances could become a factor in your retirement planning. This is especially true if you are the person your parents have tasked with settling their estates.
If you're feeling less enthusiastic about your New Year's resolutions than you did a month ago, you're not alone. According to some estimates, 80% of resolutions fail in the month of February.
What we do is so tied up in who we are that it can be difficult to picture yourself without a 9-to-5 job, even if part of that picture involves daily beach naps and sunset sails. Where some retirees see carefree days and endless possibilities, you might be staring at a blank calendar worried that you're going to go crazy without meetings, deadlines, and tasks that fill you with purpose. Answering these three questions will help you start to fill in those blanks and rethink what your retirement can be.
When you're working, raising kids, and struggling to find time to take a run or read a book, it's common to feel like your days keep getting away from you. Mixing a few of these habits into your schedule can help you take back some control of your time and meet your personal and professional responsibilities with more energy and purpose.