The adult children and families of older family members are often faced with three challenges:
1. Their parents are approaching an age where they begin to need small amounts of assistance: household assistance; bill paying; simple money management; medical management of doctors, medications and insurance;
2. Their own financial future is not certain due to incomplete planning and/or sub-optimal investment strategy and execution.
3. Their children are approaching college age requiring significant financial support in the form of tuition. Their children may also be completing college and are faced with an uncertain employment market coupled with student loans and needing financial support and housing.
Our planning process considers these issues and more to provide a framework for decision making, so that the competing needs of the entire family does not become an overwhelming burden that tears the family apart.
Let us help you identify, quantify and prioritize these family issues and formulate a plan before a major crisis wipes out your control.
Contact Jersey Shore Financial Advisors to schedule your free, no-obligation consultation to find out how we can work with you, putting your best interests first.