Tue, 7 June 2016
Today I discuss overlooked retirement expenses, financial regrets most Americans have and how to correctly loan money to your children to buy a home.
Most Americans live without a detailed budget set in place; I go over several retirement expenses that are often overlooked or underestimated yet hold a major impact on your retirement. Why do we need the feds to raise rates this year? Do we see signs of inflation? According to the US Department of Health and Human Services, 70% Americans 65+ will need some form of extended care, how do you plan for this possibility? I then discuss a Bankrate survey that says most Americans have financial regrets. I also explain the correct way to loan money to your children for a down payment.
Don’t forget to sign up for our 10 Pillars of Retirement Income Planning seminar on Thursday, June 16th at Double Tree by Hilton in Burlingame. Rob Black, Michelle Lerman and I will share investment ideas and estate planning mistakes to avoid that will help you live well for decades. Registration is only $5 so click HERE to sign up!
Email your money question to firstname.lastname@example.org , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)
Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.