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Being your parent’s retirement plan - Expert Edition Episode 23 (Classic Episode)
Financially Intentional
English - May 09, 2023 13:00 - 14 minutes - 10.3 MB - ★★★★★ - 94 ratingsArts nurse personal finance financial independence financial freedom investing savings retirement budgeting debt elimination legacy building Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
According to recent studies, more than 50% of millennials are financially supporting their parents. The statistics get even more interesting. Did you know that almost 75% of these millennials are women.
I also share my concerns about how caring for my parents will affect my finances in these episodes with Dr. Jay:
Also, according to a 2015 TD Ameritrade study, one in five millennials support their parents by spending an average of $18,250 per year. We discuss:
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