Planning for Kids, Grandkids, & Your Future

Anyone with children knows that they will have a huge impact on your money, and retirement planning is no different. There are family dynamics that impact decisions you’ll need to make during the planning process.

As many nearing retirement age are discovering, adult children and grandchildren can significantly influence financial strategies, making it crucial to understand how to navigate these relationships effectively.

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

• When should you make sure your kids are no longer ‘on the payroll’?
• Making the decision to prioritize retirement versus helping your children with college funding.
• The best ways for grandparents to help with their grandchildren’s education costs.
• Is it okay to count on your children to help take care of you as you age?

Get in touch with the Peterson Financial team: https://petersonfg.com/