Comments on: 4 Ways to Not Get Stuck in the Sandwich Generation http://cashmoneylife.com/2008/12/03/4-ways-to-not-get-stuck-in-the-sandwich-generation/ Money Management, Small Business, Career Sun, 21 Mar 2010 02:34:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Curious Cat Investing Blog http://cashmoneylife.com/2008/12/03/4-ways-to-not-get-stuck-in-the-sandwich-generation/comment-page-1/#comment-15547 Curious Cat Investing Blog Thu, 04 Dec 2008 04:20:54 +0000 http://cashmoneylife.com/?p=1170#comment-15547 Starting to save early for retirement is so important. You don't need to be rich to have a financially sound retirement but you do need to start saving early. And <a href="http://investing.curiouscatblog.net/2008/10/27/personal-finance-basics-long-term-care-insurance/" rel="nofollow">long-term care insurance</a> is another key to reducing your risks. It really is important to talk to your parents about it. The other big risk people fail to insure is disability insurance. You are much more likely to be disabled and unable to sustain your earning power than you are to die. But more people have some life insurance than have disability insurance. Starting to save early for retirement is so important. You don’t need to be rich to have a financially sound retirement but you do need to start saving early.

And long-term care insurance is another key to reducing your risks. It really is important to talk to your parents about it.

The other big risk people fail to insure is disability insurance. You are much more likely to be disabled and unable to sustain your earning power than you are to die. But more people have some life insurance than have disability insurance.

]]> By: Craig http://cashmoneylife.com/2008/12/03/4-ways-to-not-get-stuck-in-the-sandwich-generation/comment-page-1/#comment-15544 Craig Wed, 03 Dec 2008 21:05:06 +0000 http://cashmoneylife.com/?p=1170#comment-15544 I think your best tip is to only pay for items you can afford in cash. Too many times you hear deals on financing, and can pay only X amount low cost per month. The reality is that puts you in debt and it adds up to more over time. If you really want something, set out a plan to save appropriately, do the research and then buy when able. I think your best tip is to only pay for items you can afford in cash. Too many times you hear deals on financing, and can pay only X amount low cost per month. The reality is that puts you in debt and it adds up to more over time. If you really want something, set out a plan to save appropriately, do the research and then buy when able.

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