The numbers reflect the median values of many kinds of assets and debts that consumers reported in 1998, the latest year for which survey results are available. Most of the savings and investments could easily be combined in a single brokerage account, he said. The next important task would be to sort out the broad mix of investments required to meet various family needs, he said. Allocate this to short-term bonds or bank deposits. If so, the Does may be losing doubly, she said.
Employers often match part of an employee's contribution.
Investment managers don't. Kara Bennett, a consultant with Cornerstone Financial Programs Inc. in Overland Park, Kan., said she would recommend dealing aggressively with the Does' debt. E-mail this story to a friend. All rights reserved. Any copying, redistribution, or retransmission of any of the contents of this service without the expressed written consent of the Lexington Herald-Leader is prohibited.