I am preparing a plan for my children’s inheritance. I don’t know how to tell them.

I am preparing a plan for my children's inheritance.  I don't know how to tell them.

Pay Dirt is Slates’ financial advice column.Have a question?Send it to Athena and Elizabeth here.(It’s anonymous!) Dear Pay Dirt, In the past, adults often died young enough that an inheritance could help young adults become financially stable. Today, not only are we living longer, but the economic reality for the younger generation is quite dire. …

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Don’t buy a house as an investment, says CFP: it’s just a roof over your head

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Courtesy of Douglas Boneparth When it comes to buying a home, think of it as a place to live, not an investment. A home is simply “a roof over your head” and a place to create memories, said Douglas Boneparth, certified financial planner and co-author of “The Millennial Money Fix,” in an interview with CNBC’s …

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