We are excited to release two checklists this month. This month has a theme to it – it addresses some of the concerns for “sandwich generation” clients. This is the group of people, typically in their thirties and forties, who are starting their own family (having children) and caring for aging parents. This can be a particularly stressful period of time for people in this stage of life.
For Essential and Deluxe members, here are the two resources being released today:
What Issues Should I Consider When Having (Or Adopting) A Child?: Beyond the joy brought to parents from having or adopting a child, this is a huge financial transition in their lives. There are a number of issues to consider including how the costs of caring for a child will impact both their short-term cash flow and their long-term saving and wealth-building objectives. In this checklist, we cover a number of financial issues that your clients need to consider when having or adopting a child.
What Issues Should I Consider For My Aging Parents?: Becoming a caregiver for your aging parents can be a drain emotionally and can carry financial ramifications both for parents and for the caregiver children. Helping your clients understand and manage the financial issues involved can help make the situation a bit easier for them. In this checklist, we cover a number of financial issues that your clients need to consider when faced with helping and potentially caring for aging parents.