The Sandwich Generation--it’s made up of people who are generally between the ages of 45 and 65. On one side of the sandwich is that college grad who came back home to live. On the other side are one’s aging parents. The strains are not just in time and energy, but are most acutely financial. Alex Petrovic, of Petrovic Financial Services; Sandi Weaver, of Financial Security Advisors and Corey Rasmussen of the Rasmussen Law Firm discuss the financial and legal issues that surround the care of an aging parent.
So are you planning to die? Are you ready for when you end up in the great beyond? More to the point, what about your assets that don’t make the trip with you? Today on Central Standard, we’re talking about the not exactly uplifting, but nevertheless important topic of estate planning. Our Cash Money Crew is here and … you may not believe this ... but it’s not such a downer, really! Financial planners will tell you that some good decisions now, now while you’re in the prime of life, can have an impact down the road: You can feel secure, live more comfortably now and through your retirement, and have an impact beyond your earthly years.
This Monday onCentral Standard, we ask recent grads to put down their diplomas and take a look at their bank statements. We'll be joined by our Cash Money Clique of Financial Advisors with tips for recent grads who may know enough to be Doctors and Biology Teachers, but need a quick course in paying off those loans.