Where I Got Published Today: Lifehacker

When Is it a Bad Idea to Write Your Own Will?

Like it or not, you may want to contact an attorney before drawing up your will (and refer back to that attorney if you plan to revise the document). This could cost anywhere from a couple hundred dollars to a few thousand dollars, depending on the complexity of your estate. However, a well-written will can save your beneficiaries a lot of time and hassle, and it can help ensure your assets are distributed according to your wishes.

Find Out How Your Retirement Savings Compare to Others in Your Age Group

The Transamerica study suggests that my retirement savings might be higher than my generation’s average for two reasons: my annual income is over $50,000, and I have a graduate degree. (The more education you have, the more money you are likely to save for retirement—or so the study reports, anyway.)

I’d argue that my retirement savings are higher than average because both my undergraduate and graduate degrees were fully funded, because I have no children and live in a low cost-of-living area, and because I’ve spent the past five years writing about personal finance.

In other words: I’ve had some financial advantages that the average millennial hasn’t.