Sandwich generation stuck between aging parents and children

Although much attention has been given to aging baby boomers and the potential wealth transfer that follows, Generation X is feeling the strain of caring for minor children or adult children returning home and aging parents, dubbed the “sandwich generation.” More than 54% of Americans Read More …

Women less likely to receive intergenerational wealth transfers

Things don’t look good for the state of women’s financial well-being into retirement, especially considering that women live longer than men. And if women were expecting inheritances and gifts to help ease financial burdens, there’s a plot twist. A recent FINRA Foundation National Financial Capability Study found that Read More …

3 experts you should talk to before buying life insurance

Many people treat life insurance as completely separate from financial planning and budgeting. As Rosalyn Glenn, a financial advisor with Prudential, told Insider, “Life insurance is for the living, not the deceased.” In addition to providing a death benefit for your beneficiaries, a life insurance Read More …