The Millennial Caregiver Playbook: How to Protect Your Retirement While Caring for Aging Parents and Children
Millennials are increasingly finding themselves caught between two expensive responsibilities: raising children and helping aging parents. This is often called the sandwich generation, but the financial pressure goes far beyond paying a few extra household bills. Caregiving can affect retirement contributions, emergency savings, career advancement, insurance decisions, taxes, estate planning, and the ability to build […]
3 Tips if You Provide Financial Assistance to an Aging Parent
If your parents are getting older, and you’re starting to handle some of their medical or personal bills, there are some smart ways to help financially — without putting yourself in an economic hole. Here are three financial tips to lighten the load when you’re providing monetary assistance to your Mom or Dad or allowing […]