“We have been bringing in $60,000 a year for the last couple years, until this October, when I was laid off.”
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Author: MarketWatch
‘She has two financially stable children’: Does it make sense for my wealthy mother, a recent widow, to take out a $100,000 life-insurance policy?
“It was generous of our mom to offer.”
‘I keep hearing about break-ins in my neighborhood’: Should I keep valuable items in a safe-deposit box? What are my options?
“I read that the bank discourages people from storing jewelry and coins in the boxes, so I did not rent one.”
‘She is single and has a low-wage job’: I want to give my daughter, who is in her 30s, $50,000 for retirement. What could go wrong?
“She can invest aggressively, as she has over two decades to see her principal grow.”
‘I worked hard for my savings’: I’m 71 and a retired teacher. I want to give my kids money — but my daughter spends lavishly and my son is wealthy.
“I have been reading about the idea of giving your children money when they need it the most, rather than waiting until you die.”
‘I’m betting on another 22 spins around the sun’: I’m 65 and have $3.9 million. How much should I realistically spend on a house?
“I have zero debt, no upcoming tax liabilities and no inheritance on the horizon.”
‘I take pride in being debt-free’: My husband owes thousands of dollars in student loans and credit-card debt. Will I be on the hook if he dies?
“We own a house together through a joint trust, but our bank accounts and credit cards are all held separately.”
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