Under-saved boomers have long believed that a tremendous generational transfer of wealth will save their retirement. …
Inheritance
Sandwich Generation: 6 Money Messages for Your Parents and Kids
Boomers are making a lot of the same mistakes their parents made when it comes to discussing money with family. That is, they aren’t doing it. But it’s time to have the The Talk, with aging parents and grown kids. Here’s how.
Real Winners with Apple’s New iPad: Kids Who Will Inherit Their Parents’ Old iPads
Door Opens to Tax on IRA and 401(k) Gains
From the beginning, questions have swirled around the future tax standing of retirement savings. In an age of soaring deficits, would Congress really be able to keep its hands off hundreds of billions of dollars of tax-advantaged …
Hey Kids of Baby Boomers, Forget About Your Inheritance
The heirs of wealthy Baby Boomers shouldn’t be assuming that they’ll be inheriting a pot of gold when their parents pass away. Less than half of millionaires who are members of the famously selfish generation—boomers, not their …
A Good Problem to Have: What to Do with a Windfall
I make a living by telling people how to get rich slowly. But every so often — admittedly a little less often these days — I hear from somebody who’s been able to do the opposite. They’ve actually managed to find sudden wealth, …