This Week's Must Read

The moment you have dreaded has finally arrived. Your baby is leaving the nest. Some of the most valuable lessons you can impart should be shared right now, before they head out into the world.

In case you need help picking some wisdom to pass on, we’ve asked top money managers and financial pros to weigh in with their favorite lessons you should share with your child. You might learn a little something, too!

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As you have certainly seen all over the news, Equifax, one of the three major credit bureaus, announced recently that it has suffered a data breach that may have affected 143 million US consumers. A data breach that has the potential to be the most consequential in history.

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With today’s relatively generous $5.49 million federal estate tax exemption, estate planning is only a concern for the rich. Right? Wrong! In fact, regardless of your income or net worth, there’s one estate planning move you should probably make right now: check the beneficiary designations for your life insurance policies, bank accounts, brokerage firm accounts, retirement accounts, and so forth. If you’ve not yet turned in the proper forms to designate beneficiaries, do it now. If your forms are out of date, refresh them.

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Have questions? We can help! Contact us at 407-869-9800 or click here to send us your request.

Of the 143 million U.S. consumers whose personal information was potentially exposed in the Equifax Inc. data breach, the wealthy could face their own particular set of vulnerabilities.

Would-be criminals could use customers’ stolen names, Social Security numbers, birth dates and addresses—information exposed in the Equifax breach—to target those who may have bigger bank accounts, larger lines of credit and more assets, experts say.

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Have questions? We can help! Contact us at 407-869-9800 or click here to send us your request.

This retirement cost is inevitable — and can be insanely expensive; Almost 70% of Americans turning 65 will need some form of long-term care
Long-term care is something not all Americans plan for, or even think about, though they should.
The numbers are overwhelming — an American turning 65 today has a 70% chance of needing some type of long-term care service, according to the U.S. Department of Health and Human Services, and though one-third of today’s 65-year-olds may not need it, 20% of them will for more than five years. Women, on average, need care for longer than a man — 3.7 years versus 2.2 years, respectively. About 10,000 people turn 65 years old every day, and will until 2029, according to Pew Research Center.

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Have questions? We can help! Contact us at 407-869-9800 or click here to send us your request.

Cut spending, invest carefully, live simply — and comfortably
Wish you could retire right now? Give up the rat race, embrace a life of independence, reduce your stress, and have more time for what you value most — your family, education, travel? That might seem like a fantasy but early retirement is within reach of most Americans, if they would only take the steps to make it happen.

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Have questions? We can help! Contact us at 407-869-9800 or click here to send us your request.