Category Archives: Articles

US institutions in talks on development investment in Indonesia

Friends of Indonesia (FOI) Posted on by

The United States’ International Development Finance Corporation (IDFC) has sent a letter to the government of Indonesia to provide more details on its plan to finance development projects in the country. Established in late 2019, the IDFC finances development projects in lower and middle-income countries. IDFC CEO Adam Boehler said in the letter dated July 31 that the agency was currently in talks with the US National Security Council (NSC). The council would lead the interagency coordination in the US … Continue reading →

Retirement Lessons To Teach Your Children

Friends of Indonesia (FOI) Posted on by

Many individuals are finding that they must postpone their retirement target dates or cancel retirement because they are not financially ready for it. If you find yourself in such a predicament, you may find solutions to this dilemma if you look carefully. If not, you’ve at least learned a valuable lesson – one that you can and should pass on to your children. Let’s look at some of the sometimes-harsh lessons the current generation of retirees and pre-retirees has to … Continue reading →

Leaving Inheritance To Children Easier Said Than Done

Friends of Indonesia (FOI) Posted on by

Deciding whether to leave an inheritance for your children impacts the amount you save, the retirement plans you choose and how you take qualified retirement plan distributions. However, beyond your desire to leave some wealth to your children (or not), there are some essential personal financial issues to consider. Consider Your Own Income Needs Some retirees mistakenly give their retirement savings away without considering their own income needs. Before you make gifts to others, it’s important to assess how much … Continue reading →

Sandwich Generation

Friends of Indonesia (FOI) Posted on by

What is the ‘Sandwich Generation’ The sandwich generation is the generation of middle-aged individuals who are pressured to support both aging parents and growing children. The sandwich generation is named so because they are effectively “sandwiched” between the obligation to care for their aging parents – who may be ill, unable to perform various tasks or in need of financial support – and children, who require financial, physical and emotional support. The trends of increasing lifespans and having children at … Continue reading →