Category Archives: rp program

Don’t be too generous with your retirement cash. Unless you have a calculated plan!

We hear a lot these days about the strains on the sandwich generation, those caught between the demands of their children and their aging parents. Yet a recent study suggests these intergenerational demands aren’t always equal: while children can strain middle-aged pocketbooks, aging parents generally don’t.

Indeed, older family members are more often on the giving end than on the receiving end of financial support, according to a recent study by the Employee Benefit Research Institute (EBRI). The goal with familial cash transfers is to make sure they’re based on math, not emotion, so they don’t endanger the giver’s near-term finances or retirement security, experts say.

If your clients want to be generous with their money then you can help, You just need to have a proper plan and calculate what it is that they really want out of their retirement, click here to get help with preparing the retirement your clients want.

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