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Can I afford to give money to charity, children, or grandchildren?

Bruce F. Hoffmeister |
My Business

That question is really just another way of asking “Have I saved enough to provide for myself for the rest of my life?”  You must weigh whether a lifetime gift jeopardizes your retirement needs— including long-term care costs—against the enjoyment of seeing loved ones or charities benefit from your gifts.  Generally, people wealthy enough to

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