Making multi-generational households work
A recent NY Times article highlighted the fact that the number of multi-generational households in the U.S. continues to grow, despite the improving economy. What are the pros and cons of this type of living arrangement? See how Lauren answered some of their questions about this complicated and emotionally-charged family financial issue.
Best tips for lending to your millennial kids
Are you the parent of a millennial? Are you thinking about giving them a financial leg up in the form of a home loan? Before you move ahead, you should take a look at this AARP Family & Friends article, Lauren outlines some sensible guidelines to employ when making a parental loan.
Why an emergency fund is so important
A recent report from the Pew Charitable Trusts confirms that the lack of a fully-funded emergency account can wreak havoc on family finances. Lauren recently spoke with NY Times reporter Ann Carrns about this important topic, and suggested some practical ways to create and jump start a viable emergency fund.
Housing decisions are critical in retirement
As clients age, where and how they choose to live can have a profound impact on their physical and mental well-being. But housing decisions are a critical part of a retirement financial plan as well. Liz Skinner profiles Lauren and others on this subject in Investment News.
Read our Winter 2018 Newsletter here. Read our Special Tax Issue 2018 here.
In this issue we look at how to encourage your child to fund an IRA, what a “reasonable” return rate should be, and when you should save versus paying down debt. The Special Tax Issue provides an overview of the 2017 Tax Cuts and Jobs Act.