Start Now. Time can be an investor’s best friend. By investing $500 a month at age 40, and assuming 8% growth, one could have $465,000 by age 65. By waiting until age 45, that amount decreases to $300,000. That’s a 38% penalty for waiting five years.

Estate Planning Made Simple
Siblings who have had loving relationships can become embittered towards each other if one feels that Mom or Dad’s Will wasn’t fair when dividing up the estate. Some parents will completely disinherit one child. By doing so they’re guaranteeing that child will hold bitter memories towards that parent and the other family members. Instead, leave something to him or her and when doing so, don’t use hurtful language that will be remembered forever. If you really feel one child needs more than their brothers or sisters it’s better to leave a smaller but equal portion to all your children and...Read More