Many folks assume that trust funds are only for the rich, however, people in all types of economic circumstances may see a benefit from them. A trust fund is a special legal arrangement that lets a benefactor arrange for certain assets to go to someone else.
Retirement is often called the “decumulation” phase, when retirees are steadily spending down their assets. However, many retireesare not only leaving their nest eggs intact but are also saving a large part of their income. Recent studies say that they’re accumulating assets as they move through retirement.
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