When she was a very young woman, Eloise asked her grandma to tell her stories about growing up in the countryside of North Carolina. Eloise was born there, too—in a little place called Parmele. In her grandparents' day, the Parmele lumber mill provided lots of work for people. But with the trees gone and the mill just a memory, the mostly black families who lived there got by as best they could.
Paula Danziger sometimes said she wished she had had her own books to read when she was growing up. As the nerdy, clueless daughter in a family where Dad yelled and Mom just tried to make Dad happy, life was not fun. When her dad said mean things to her, Paula would tell herself that someday she would put it in a book. And she did.
Good health, enough wealth, long life, happy families—the stuff that dreams are made of. But most Americans' lives fall short in one or more of these areas, and often it's the midlife years (40s to 50s) where things start to go haywire. If you're one of the many, many people who feel that just when they got the hang of the game, the rules completely changed, read on.
What's different about money management at midlife?