Banks are running up against some odd new competitors these days. Big box retailer Costco is advertising mortgages. Wal-Mart has issued its own debit card. Amazon is offering loans to merchants in its online marketplace.
When he’s not jet-setting to Tahiti or hobnobbing with his best friend Tom Cruise*, Sean O’Brien is just a regular guy. He’s 29, single, never pays full price when shopping online and likes to snowboard with friends in Tahoe.
At an age when many other couples still don’t have their day-to-day finances in shape, Sarah Britton and Will Gonzalez were already planning for their retirement. He was 36, she was 30.
As a CPA and certified financial planner, Daniel Ross makes a living helping clients plan for life’s milestones. But this fall, he and his wife, Anne, sent their daughter off to college with a surprise they never expected.
Prenuptial agreements have long been the norm for the soon-to-wed rich and famous, but they are now becoming de rigueur for baby boomers about to tie the knot.
Visions of the golden years often include thoughts of second homes, lush fairways and RV cruises through Yellowstone, but for more and more aging baby boomers, one traumatic event — divorce — can upend plans for retirement.
Many of my estate-planning clients grasp the importance of wills, living trusts and financial powers of attorney but feel unprepared when the conversation turns to quality-of-life for their final years.
In the 1970s and again in the 1990s, the nation became engrossed with end-of-life issues when the media grabbed hold of the stories of Karen Ann Quinlan and, later, Terri Schiavo.
Fluff the pillows and stock the fridge because, chances are, your adult kids are coming home. Nearly one-third of Americans age 25 to 34 have lived with their parents in recent years, according to a 2011 study by Pew Research Center. But before you start blaming a generation of millennials — known for their unearned trophies and sense of entitlement — remember it’s the generations past who wrought an economy with tuition hikes and growing unemployment.
When Dr. Dena Davidson graduated from the UC Berkeley School of Optometry in 1995, she thought her income expectations were pretty reasonable.
Stan Atkinson could be described as a homebody these days. It’s not that he doesn’t like to go out occasionally, but Atkinson, like many other aging Americans, would prefer to stay in his home as long as possible.