Bart Astor

New Thinking about Budgeting for Your Second Adulthood

Posted on 07/15/2013 by |AARP Blog Author | Comments

Money & SavingsThis is a guest post by Bart Astor. For years financial planners have been preaching that in your retirement years you should plan on spending about 70% of your current income. This number was based on a number of factors, including: You don’t need to continue to save for your retirement years You won’t be paying into Federal Insurance Contributions Act Tax (Social Security and Medicare) You won’t have commuting and work expenses Your house will be close to or already …

Family Affairs: Do Your Kids a Favor

Posted on 06/7/2013 by |AARP Blog Author | Comments

Home & FamilyThis is a guest post by Bart Astor. The other day I saw an ad with the headline, “Do your kids a favor.” It went on to say, “You checked for monsters under her bed, sent her to the best school, and helped her buy her first car. Now, do her one more favor.” That favor involves making plans in advance and communicating your wishes to your children. The ad, for a funeral home, takes a subject people don’t like …