Do you work for yourself?
Then take a look at the solo 401(k), which marries a traditional employee retirement savings account to a small business profit-sharing plan. To have a solo 401(k), you must either be the lone worker at your business, or its only full-time employee.
It’s great to have insurance against damage and loss, but if you can’t show proof of your possessions, it may result in a protracted settlement process with your insurance company. […]
Values are also crucial legacy assets.
Early on, you can communicate the importance of honesty, humility, responsibility, compassion and self-discipline to your grandkids.