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Seniors – Keep Your Allocations

Prairie Eco-Thrifter

What YOU need in YOUR asset allocation model may well be very different from their generic recommendations. Vanguard’s Personal Financial Planner thought I should change invest all my retirement money in bonds when I moved it from my 401K to an IRA. CNN Money is one site that acknowledges this. Money Tips'

Money 170
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What Can Go Wrong – Naming a Beneficiary

Prairie Eco-Thrifter

Their guardian will have control of the money they are to inherit. If you haven’t set up a will and designated a guardian, the courts might appoint a stranger as his/her guardian and your money might not get spent on that minor beneficiary. Alternately, the money might be tied up until the child is 18.