Conversations with a CFP, Vol. 32 - Being your parent’s retirement plan

Financially Intentional

English - October 05, 2020 14:00 - 14 minutes - 10.2 MB - ★★★★★ - 94 ratings
Arts 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

Previous Episode: This Nurse Believes Every Nurse Can Become A Millionaire - Ep. 65

Next Episode: This Nurse Can Own Their Own Nursing Care Home Ep. 66

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:

How to budget taking care of parents. How to avoid depending on your children by adequately funding your retirement. The role of high divorce rates amongst baby boomers plays.Subsidizing retirement with a rental property.

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