The Charitable Double Benefit

Key Takeaways

  • Give generously, but also give smartly.
  • There are a myriad of tax-advantaged ways to give to organizations and causes you support.
  • Planned giving can get complicated, so consider hiring an estate planner, wealth manager or other seasoned financial professional to help you find the technique that best suits your needs.

The “Do Over” Economy

Key Takeaways

  • The best money habit you can have is to save first and spend second.
  • Today’s freelance “gig” economy gives millions of talented people the opportunity to earn extra money on a flexible schedule that they can control.
  • Today’s gig economy also gives many people a second chance to get their adult money habits right.

A New Strategy for Preparing for the Cost of Long Term Medical Care

Mitigating Long Term Medical Cost with a HECM

Just under 80 million baby boomers (born between 1946 – 1965) live today in the US. Every day, 10,000 boomers turn 65 years old. Boomers will likely live 2-4 years longer than the preceding generation (the Traditional Generation). Quality of life factors like interest in physical fitness; active engagement in life post retirement; encore career and heavy volunteerism; close relationships with children and grandchildren; and a cultural sense of optimism drive the boomers’ extended longevity. Due to this extended life expectancy, the boomers will likely require more long term health care as they age.

10 Life Lessons from a Legend

Key Takeaways

  • Make as many connections as you can through your work, travel and daily life. Connections are key to making your own luck.
  • Never take shortcuts, choose your friends carefully and always get plenty of sleep.
  • Be unique and find work that’s enjoyable regardless of the pay—and never stop working entirely, even in retirement.