Helping Aging Parents Who Don't Have Retirement Savings
Retirement Capital Strategies
We Help Clients Build and Maintain their Wealth
So many are part of the sandwich generation - those who are not only taking care of themselves, but those who have parents and even children to care for. Saving for retirement can be more challenging when you add another generation -or two - to the mix.
While having liquid assets can be a key for a happy and on-track retirement, there are other things that can help support extended families and keep the middle generation on track toward a happy retirement.
One powerful financial tool is a financial plan. This can help when adjustments need to be made -college savings perhaps, or a parent needing medical care.
Health Savings Accounts can also be strategically employed for expenses incurred by a parent, providing qualifications are met.
Check out my latest video for more on the subject: