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How Kids and Grandkids Affect Retirement

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Manage episode 434385270 series 2510975
Content provided by Phil Putney. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Phil Putney or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Kids and grandkids play a crucial role in shaping financial plans, often in ways that can significantly impact your retirement strategy. In this episode, we'll dive into the most common scenarios where future generations influence retirement planning. From funding college education to creating lasting financial legacies, we'll explore how to balance your retirement goals with the needs of your family.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:30 – Adult kids that are still on the payroll

5:35 - Parents who had kids later in life

8:23 – Grandparents who want to help with education costs

9:45 – Relying on your kids to take care of you in old age

11:40 – Cultivating financial literacy in your family

15:22 – Children with disabilities

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts

  continue reading

246 episodes

Artwork
iconShare
 
Manage episode 434385270 series 2510975
Content provided by Phil Putney. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Phil Putney or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Kids and grandkids play a crucial role in shaping financial plans, often in ways that can significantly impact your retirement strategy. In this episode, we'll dive into the most common scenarios where future generations influence retirement planning. From funding college education to creating lasting financial legacies, we'll explore how to balance your retirement goals with the needs of your family.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:30 – Adult kids that are still on the payroll

5:35 - Parents who had kids later in life

8:23 – Grandparents who want to help with education costs

9:45 – Relying on your kids to take care of you in old age

11:40 – Cultivating financial literacy in your family

15:22 – Children with disabilities

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts

  continue reading

246 episodes

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