The Huffington Post published the following piece on May 25. The idea—parents saving for their children’s retirements—left several readers frustrated. Yet parents have always been leaving bequests for their children; this piece recommends a specific type of bequest—a retirement account or annuity, left at death. I am reprinting it here as this week’s post.
The economy is not clicking along like it should—the recovery of the last few years is slow, halting, and uncertain. The United States now has a large cadre of long-term unemployed, and many of them are in their twenties and early thirties. Continue reading