Any time there is money involved people behave poorly! I have never met a non-warring couple when it comes to a divorce.
Divorce is a legal and financial process and because it usually involves two angry people, it can be an extremely volatile process.
As the adult child you may someday have to reverse roles with your parents! There is a stage in life when many of us parent our parents.
Parenting is a very tough job. Just watch the angst of the parents of the dancers during a recital or kids playing in a soccer tournament.
If you are married, one of you will become widowed and usually it is the woman who is the surviving spouse.
Divorce is an emotional and financial roller coaster. It can be a living nightmare for all involved.
When you become somebody’s spouse you begin to look at things like a couple. Marriage is a partnership.
Pre-paying for a funeral is something that I am often asked about. It may be the practical thing to do if you have just been diagnosed with stage 4 cancer or are in your late 80s, but if you are just 55 I am not sure it’s a good idea.
Estate planning is an important part of your overall financial plan.
At 55 do you need Long Term Care Insurance? I don’t know!