Financial Challenges of Your 40s and 50s
What are the common financial concerns of those in their 40s and 50s? Bill and Anastasia tackle the second of three life stages to discuss common questions that individuals ask in the middle of adulthood, sometimes called "The Sandwich Generation." How do you balance a family budget of food, utilities, travel, child care costs, assisting any aging family members, etc? How might you manage moving to a bigger home or more desirable school district? What should you be doing at this stage to prepare for retirement? When should you start preparing for end-of-life care and when should\xa0you update your will or estate plan? Bill and Anastasia swap stories of mediocre\xa0supervisors. Anastasia attempts to explain the purpose of pet insurance to Bill.\xa0
If you haven't yet, be sure to check out our previous episode, Financial Challenges of Your 20s and 30s. For questions and comments, you can email us\xa0at\xa0askcreatingwealth@taberasset.com.