Surviving boomerang kids without depleting your retirement savings
Lili Vasileff is quoted in a recent article by Tom Anderson for CNBC’s ‘Your Money, Your Future’ on how to handle adult children moving back home. Lili says, “Create a spending plan and timeline. The plan should include how expenses are shared, what savings will be tapped to pay for additional expenses and how, if possible, those savings will be replenished.”
ABLE Accounts for Individuals with Disabilities
For many years there has been no means by which to save tax-deferred money for a child with disabilities without placing at risk their government
How to Be the CFO of Your Financial Household
Reach your financial goals by taking a business leader’s approach to your family’s finances.
529 College Savings Plans: Should you consider a change?
Parents often face the competing challenge of funding their children’s college or their own retirement savings.
Confronting an overspending spouse
Lili Vasileff is quoted in a recent article by Brittney Laryea for Magnify Money on how to handle a spouse who is chronically overspending. Lili says, “Financial infidelity is not a financial exercise, its an emotional exercise. Sometimes overspending may be the result of miscommunication, emergency spending, or unrelated, deeply seated emotional issues like an addiction.“
Hot Hollywood divorce trend may not be for you
Bird nesting, whereby divorced or separated parents let their children stay in the same home while they take turns living in it, is getting mainstream
Hot Hollywood divorce trends may not be for you
Where to live following a divorce or separation is one of the biggest questions some couples face.
A trend called bird nesting aims to simplify that problem, particularly when there are children involved. The arrangement occurs when a couple keeps one home for their children and take turns living in it.
Knowing the value of your spouse’s 401(k)?
In this article published in Bloomberg News, Lili Vasileff contributes to a discussion of the state of information sharing in marriages — especially when it comes to financial details. Lili says, ‘‘Most couples don’t share fully financial details about private accounts, the nature of investments, or the amount of savings.\”
As Baby Boomers approach the last hurdle before the magic retirement age of 65, it is becoming increasingly newsworthy that growing legions of older Americans are untying the marital knot.
