It then should come as no surprise that the majority of Americans are essentially broke. Not merely because of a lack of planning or savings but because of the spiraling costs of our day-to-day necessities such as insurance, prescription medication co-pays, or a mortgage payment.

Talking to your parents about their finances isn't as difficult as it might seem. That's because there are several ways to start the conversation. Here are 10 tried and true approaches.

While we cannot stop inflation we can find a creative means to help curtail its impacts. Inflation is here and it is real. Now, what are you going to do to deal with it? What’s your plan? Are you willing to reduce your standard of living?

Despite being one of the largest Cost of Living Increases in nearly 40 years, Seniors may still find themselves short of cash because of these two factors…

Over 7 million American homeowners were placed under the protection of a foreclosure moratorium as a result of the Coronavirus Aid, Relief, and Economic Security Act (CARES) last spring. Foreclosure Moratoriums are ending July 31, 2021.

Could Raising the RMD's age help the General Population? Maybe, maybe not? If you're trying to help retirees more, let them have further deferral on Social Security to be more aligned with them to do more strategic Roth conversions before Social Security begins. Reward them by offering additional delay credits on Social Security.

Are Any of Your Clients in Danger of Depleting Their Retirement Savings Account? More financial planners are giving reverse mortgages a serious look as the coronavirus pandemic wreaks havoc with retirees portfolios.