Establishing a trust as part of your financial plan is something you might consider if you have extensive assets or simply want a measure of control over how those assets are managed after youâre gone. When creating a trust, there ⦠Continue reading â
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Some banks limit how often you can transfer money out of a savings account. Exceeding the allowed quota of transfers via ATM, electronic bill payment or other methods could result in being charged a fee, having your savings account changed ⦠Continue reading â
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According to the Center for American Progress, the average American woman who takes a five-year career break to care for a child at age 26 will lose $476,000. That sum covers not just lost income but lost retirement savings and benefits, too. And ⦠Continue reading â
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How long $3 million will last in retirement depends on your spending habits and investment returns. While your spending habits are largely under your control, some costs such as healthcare expenses are not perfectly predictable. Likewise, while you can probably ⦠Continue reading â
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Have you ever heard the phrase âusing your house like a piggy bankâ and wondered how exactly that works? The answer: a cash out refinance. A cash out refinance lets you pocket some of the value of your home. You ⦠Continue reading â
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Financial stress is unpleasant to endure, and it can be a detriment to your quality of life. In fact, the longer you suffer financial anxiety, eventually, it can wear down your health and even cause you to make worse financial ⦠Continue reading â
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It can be a complicated decision to determine if you should rent or buy a home. And if youâre leaning toward buying, high housing prices and high mortgage rates are likely making that decision even more difficult. Current economic conditions ⦠Continue reading â
The post Is a House an Investment? appeared first on SmartAsset Blog.
There comes a time in all of our lives when we have to say goodbye to a family member or friend. If you were close with the person who passed away, you might discover that theyâve left you something in ⦠Continue reading â
The post What You Need to Know About Inheritance Tax appeared first on SmartAsset Blog.
Letâs face it: the past few years have been pretty scary for investors. From the pandemic to the bear market and inflation, it seems like most people arenât as concerned with making huge gains as they are with simply protecting ⦠Continue reading â
The post Morningstar Says These Two Assets Can Protect Your Portfolio From Inflation appeared first on SmartAsset Blog.