If you are an empty nester, many of your potential tax deductions have the potential to leave along with your children. Therefore, it is important to determine other deductions you can use instead. Here are three, Empty Nest tax deductions you should consider.
The empty nest stage is, by definition, a time of loss. However, it is likely also a time of gain—no longer are you spending money for children in the home. What do you do with this “unaccounted” for cash? This financial planning checklist of important considerations may help you determine the answer.
When your children leave home, you are likely in your 40s or 50s, so you take advantage of reduced consumption and ramp up for retirement. Life is good. But there is only one problem: You don’t do any of these things. Why is this the case? How can you make things right?
I need to bail out my son in debt. No parent ever wants to say this. Discussing and understanding fiscal responsibility can start early with an allowance for children.
While you are saving for the future for you and your family, don’t you dare fall into the trap of prioritizing college over retirement savings. In the end, the entire family can be broke.
To create wealth is not evil. Money is a medium for transaction. Wealth creation allows you the freedom and capability to help those in need, whether they are family or those less fortunate.
Are you looking to improve your life? A good way to start is making sure you have disability insurance coverage locked in.
We’re here today with some sound job advice for younger folks figuring out how to get ahead at the office, and how to make the most of out of every job.
When it comes to developing healthy living habits, the younger we learn to do the right things, the longer we’re likely to live.
In the health and wellness arena, everyone talks about engaging consumers, but are we clear about what we’re asking people to do?