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How to Have Difficult Financial Planning Conversations with Aging Parents

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With age may come wisdom, but it also comes with a variety of questions around lifestyle and legacy. The presence and location of estate planning documents According to legal assistance site LegalZoom, only 33% of Americans have estate planning documents in place.

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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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Falling victim to lifestyle creep Brown says people in the high-earning decades of the 50s can easily fall into the trap of lifestyle creep. Once the documents are drafted, they should be revisited every year or every five years depending on changes in the family. Delaying or overlooking long-term care insurance The U.S.

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Do I Need to Buy Life Insurance?

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Keep reading to learn about the different types of life insurance policies, how to determine if you need to buy it, and how much your policy should be worth. You can choose the amount of money your life insurance policy is for and how long you want the policy to be in effect, either for a few years or decades or as a permanent policy.

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12 Essential Tips Every Solo Traveler Needs to Know

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Use the cloud Scan or take photos of your flight and hotel confirmations, credit card and insurance cards, and any other documents that might be useful. Keep these documents in the cloud and on your phone to easily access them from the road.

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