Retirement planning is no small task. As life spans increase, you may have to add caring for your aging parents to your own list of retirement concerns.
It’s never too early to have “the talk” with your parents—about how they plan to spend and pay for the rest of their lives.
Even if your elderly parents or spouse have a living will, it’s just as important to designate an an agent for financial decisions in the case of illness.
Working in retirement can stretch your budget and your mind. But there are tax, IRA withdrawal, and Social Security benefits to consider.
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