Many Canadians are struggling to save for retirement as they find their own financial priorities squeezed by those of their aging parents and dependent children. Part one of this three-part series explores the financial pressures facing the sandwich generation. In part two, learn how to help clients plan for the steep costs of eldercare for their aging parents. In part three, explore strategies to help clients minimize the financial strain of supporting adult children.
April 27, 2012Jason Round, head of financial planning support, RBC Financial Planning, discusses how an advisor can develop a caregiving plan that can help boomer clients cope with the financial and emotional aspects of caring for aging parents. He spoke with Investment Executive reporter Olivia Li, at the TMX Broadcast Centre in Toronto.
Help sandwich generation clients deal with the financial drain of supporting adult children
Address both financial and emotional issues when talking to clients about caring for their parents
Baby boomers need help juggling their own financial priorities with the needs of their dependent children and their aging parents
The cease-trade order on all 11 ETFs from Emerge Canada Inc. represented the first time such an order had been placed on a family of…
Investment Executive's brand-new survey of independent insurance advisors unveils their challenges plus key industry trends
