65 is often touted as the magic number when you can kick up your feet. But in the transition to retirement and the golden years themselves, there are many different ways of funding retirement. In the decision to retire – you are only as young as you feel.
Talking about money in families can be tricky; there’s borrowing from the bank of mum and dad, protecting the nest-egg and planning the inheritance. With $3 trillion dollars set to be passed down from the baby boomers in the next 15 years, getting a financial adviser in on the conversation could be a smart move.
The key ingredient of building wealth doesn’t cost a cent and, give or take, we’ve all inherited the same amount of it. You’d better read on.