In my forties I delighted in buying AARP memberships as 50th birthday gifts for my friends to remind them they were now officially “over the hill.” You can imagine their delight in doing the same for me when I turned 50. I remember the disbelief in realizing that I was really a senior citizen. I let my gift membership lapse after the first year. Now, 18 years later, there is no denying I am a full-blown senior. The post Yes, It’s Okay To Take the Senior Discount first appeared on Kahler Financial ..read more

A few weeks ago, an anti-trust lawsuit against the National Association of Realtors (NAR) was settled for 419 million dollars. News reports announced this would slash commissions by 25% to 50%. How would that happen? The post How the NAR Settlement Will Change the Way You Buy a Home first appeared on Kahler Financial ..read more

Though the method has caused some parental debate, this mom says it's a great way to teach kids about money “in a safe environment.” The post Mom teaches her 3 young children money management first appeared on Kahler Financial ..read more

‘Starting them at that age is great,’ one financial adviser says of a viral TikTok video about a mom who makes her young children ‘pay’ for rent, groceries and utilities. The post This mom ‘charges’ her 6-year-old rent. first appeared on Kahler Financial ..read more

When people refer to “Dying Broke,” they typically are envisioning spending their retirement nest egg on creating experiences and memories for themselves, family, and friends. They usually aren’t talking about outliving their financial resources as a result of long-term health care costs. Unfortunately, the second version of “Dying Broke” is the more likely reality. The post Will The High Costs Of Long-Term Care Leave You Broke? first appeared on Kahler Financial ..read more

Prenups, which establish how assets, debts, and financial responsibilities would be divided in the event of a divorce, are often thought to be the exclusive territory of older couples with wealth and those with children from previous marriages. However, even for partners without significant assets, prenups can offer valuable benefits. The post Why Prenuptial Agreements Can Be Valuable for Many Couples first appeared on Kahler Financial ..read more

Imagine for a moment that you and the love of your life are young, starry-eyed, and newly engaged. Someone asks, “Do you plan to get a prenup?” You would likely stare at them in stunned disbelief and say something like, “Are you kidding? Of course not! We don’t have anything to split up! Besides, if we wanted to plan for a divorce before we even get married, we shouldn’t be marrying in the first place.” The post Build Emotional and Financial Intimacy With Prenup Money Conversations first appeared on Kahler Financial ..read more

Financial Planning magazine asked 320 financial advisors: ”How will the U.S. election outcome influence retirement planning, and what steps are you currently taking?” A stunning nine out of 10 advisors anticipated a lasting negative impact on their clients' portfolios. Some were advising clients to divest from equities and increase cash positions in anticipation of the election. One expressed concern that, with equity markets near all-time highs, the uncertainty surrounding our future president is a significant factor. The survey perfectly frames the dramatic 2024 election climate—yet it ran o ..read more

How much of your income should you spend on rent or a house payment? In my decades as a financial planner as well as my previous career in real estate, my standard advice has been to keep housing costs at or below 25% of your household income. In some places, today’s real estate climate can make that a challenge. The post Will High Real Estate Prices Leave You House Poor? It Depends On Where You Live. first appeared on Kahler Financial ..read more

One of financial philosopher Dick Wagner's Money Truisms was "Everybody's weird about money." Beneath the weird money behaviors is a knot of emotional shame, hurt, sadness, and fear. The path toward unlocking our financial potential lies not in rigid attempts to maintain the entrenched money behaviors we see as “right,” but in the liberating step of admitting, "The facts suggest I may be wrong.” The post The Financial and Emotional Power of Being Wrong first appeared on Kahler Financial ..read more