Invest in Water, Inheritance Timing, Soft Landing or Recession?

Your Second Childhood Depends on Your Retirement Plan | You Could Earn More Interest by Switching Banks | Is It Better to Give Kids Their Inheritance Now or Later? Created for {EMAIL} | [Web Version]( March 12, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP]( ⋅ [WEBSITE]( [] Retirement Planning [] [Your Second Childhood Depends on Your Retirement Plan]( [Your Second Childhood Depends on Your Retirement Plan]( (Getty Images) Given economic uncertainty, some nearing retirement may wonder if they will get to do fun things like travel, volunteer and spend time with family. CFP Ken Moraif says all you need is a plan. See his tips on how to [make that second childhood happen](. [] Personal Finance [] [You Could Earn More Interest by Switching Banks]( [You Could Earn More Interest by Switching Banks]( (Getty Images) As interest rates continue to rise, more consumers have incentive to [switch banks to earn more]( on the money sitting in their checking and savings accounts. It takes only a few minutes to get the process started, according to M1 CEO Brian Barnes. [7 Mistakes to Avoid When Hiring an Advisor]( Life should be a balance of adventure and relaxation - not balancing finances. Working with a financial advisor can be a crucial part of any healthy retirement plan. [Avoid these 7 common mistakes when hiring one so you can get back to the balance that matters most.]( ADVERTISEMENT [] Estate Planning [] [Is It Better to Give Kids Their Inheritance Now or Later?]( [Is It Better to Give Kids Their Inheritance Now or Later?]( (Getty Images) First, do you have enough money that you can afford to give some away? If you're already secure and have your future needs covered, CFP Evan T. Beach advises you to consider their lives and tax issues before [giving the kids their inheritance early](. [] Inflation [] [Will Rising Rates Lead to Soft Landing or Recession?]( The Fed funds rate is at its highest level since 2007. Modest hikes shouldn't cause major market upheaval. That's according to CFP Don Calcagni, who also notes that more aggressive hikes could be detrimental to the economy. [Read More]( [Build Your Customized Financial Plan with A Vanguard Advisor]( At Vanguard, we're invested in you. Which is precisely why we've created Vanguard Personal Advisor Services®, providing remote access to financial advisors, real-time goal tracking, and more confidence you'll meet your goals. [There's never been a more perfect time to get started](. Paid non-client promotion ADVERTISEMENT [] Investing [] [Five Ways to Invest in Water]( Anyone with sustainability or longevity in mind for their portfolio might want to dip a toe into investing in water, an essential commodity. Financial analyst Peter J. Klein takes a deep dive into five ways you can invest in water. [Read More]( [7 Mistakes to Avoid When Hiring an Advisor]( Life should be a balance of adventure and relaxation - not balancing finances. Working with a financial advisor can be a crucial part of any healthy retirement plan. Avoid these 7 common mistakes when hiring one so you can get back to the balance that matters most. 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