Your Family’s Inheritance: Pass It on

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Consider this: According to a news article from the Minneapolis Star-Tribune, a 2010 study by the Center for Retirement Research revealed that as the parents of baby boomers die, their offspring are the recipients of the largest transfer of wealth in the country’s history, an estimated $8.4 trillion.

This can be good news/bad news, as much of what comes with that inheritance may not be quite so valuable. As scions of the Great Depression, the parents of baby boomers often were ...

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Retirement Spending: What to do with the Money You’ve Saved

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While there are some of us who have little to no hope of ever enjoying a normal retirement (although we do hope we’ll still be employable in our golden years) there are many who have planned wisely, saved money appropriately and toiled endlessly to enjoy a comfortable third act.

It is at this point that some people wind up with a money problem vastly different from the one they’d faced in previous years. For the first time in their lives, they ...

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