Die With Zero: Are You Giving Your Kids Too Much? - 575
About this episode
The episode discusses strategies for retirement planning while financially supporting children, featuring various listener scenarios.
Joe Anderson, CFP® and Big Al Clopine, CPA spitball on how to build your own retirement AND support your kids financially, today on Your Money, Your Wealth® podcast number 575. "Lloyd and Diane" in Montgomery County are 50 with $8.4 million. Can they retire early and still be generous with their kids? E and T in Missouri are 34 and 31 with $255K, and hopefully some big inheritances in the future. Can they fund the kids' college, and help them buy their first homes, AND retire early? Kent in Kansas City is 73 with 12 million bucks and $2 million in life insurance. Do Joe and Big Al back up his plan to buy an annuity, gift money to his kids now, and still spend freely in retirement, Die With Zero style? Finally, should John in the San Francisco Bay Area sell the family home and move to Nevada, or hold the house for his autistic daughters to inherit later? Free Financial Resources in This Episode: https://bit.ly/ymyw-575 (full show notes & episode transcript) Estate Plan Organizer - free download: https://purefinancial.com/white-papers/estate-plan-organizer/?utm_source=LibsynDestinations&utm_medium=podcast&utm_campaign=YMYW-575 Retirement Readiness Guide - free download…
People in this episode
Hosts: Joe Anderson, Alan Clopine
Topics covered
- retirement planning
- financial support for children
- inheritance
- annuity
- real estate decisions
Keywords
- retirement
- financial planning
- inheritance
- annuity
- college funding
- real estate
Mentioned in this episode
Organizations: Pure Financial Advisors
Places: Montgomery County, Missouri, Kansas City, San Francisco Bay Area
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