Nearly half of U.S. families are blended – where at least one of the partners has been married before and is bringing children into their new relationships. So it’s quite common but can also be quite complex when it comes to finances and figuring out what’s “yours, mine and ours.” In this episode of Everyday Wealth™, Soledad O’Brien and Jean Chatzky are joined by Erin Smith, director of estate planning, and wealth planner Jason Cowans, from Edelman Financial Engines to discuss the financial obstacles that blending families create and how to help navigate them. Later in the show, Jean, Soledad and Jason discuss whether it’s a good time to buy the dip.

Neither Edelman Financial Engines, a division of Financial Engines Advisors L.L.C., nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances.

Dollar Cost Averaging does not assure a profit or protect against a loss in a declining market. For the strategy to be effective, you must continue to purchase shares in both up and down markets. As such, an investor needs to consider his/her financial ability to continuously invest through periods of low price levels