Paying For Your Adult Kids Instead Of Your Retirement – Total Financial Solutions Safer Money Hour – October 2, 2018

by | Oct 2, 2018 | Podcasts |

Paying For Your Adult Kids Instead Of Your Retirement – Total Financial Solutions Safer Money Hour – October 2, 2018

by Total Financial Solutions Safer Money Hour

Hosts: Arif Halaby & Logan Halaby

Topic: Paying For Your Adult Kids Instead Of Your Retirement

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Total Financial Solutions Safer Money Hour  – Paying For Your Adult Kids Instead Of Your Retirement – October 2, 2018

On the latest episode of Total Financial Solutions Safer Money Hour on KHTS FM 98.1 & AM 1220, I sat down with my co-host Logan Halaby to talk about how much money parents are spending on their adult children.

A new article released suggests that some parents are spending twice as much on their adult children as they are on their retirement. Another article we refer to in our latest episode says that 4 out of 5 parents surveyed are financially supporting their adult children in some way.

At some point, as a parent,  you need to ask yourself, “Am I taking care of someone who could be taking care of themselves?”

Tough love may be needed for your sake – and for theirs! We’re not suggesting you kick your kids out into the cold, but some reasonable expectations for rent and help around the house need to be established.

Previous Episode: Saving And Earning – Total Financial Solutions Safer Money Hour – September 18, 2018

Your kids have another 50 years to work and save money, but you don’t have another 50 years to save for retirement. If you want to comfortably live after retirement you need to start thinking about your money and saving and investing it wisely.

We talk about your family’s financial future and the financial things that matter and may affect your life.

We’ve been in business over 22 years, and we are professional financial advisors who specialize in protecting your money and setting up a plan that helps you make money well into retirement.

It’s not just about the money you make but the taxes you pay for where you are putting your money. We can help you figure out the best place to put your money to keep it safe, and most importantly, be making more money for you.

Total Financial Solutions offers assistance with preparing for retirement and financial planning in Santa Clarita and the surrounding valleys. Santa Clarita financial advisor Arif M. Halaby, a Certified Estate Planner, and Total Financial Solutions staff work with people of all ages, helping them protect, grow and preserve their assets through an individualized approach. Arif Halaby is also the host of “Total Financial Solutions Safer Money Hour” on KHTS AM-1220. Launched in 2004, the show offers listeners from Santa Clarita financial planning tips and guidance for dealing with today’s ever-changing financial needs.

About Total Financial Solutions Safer Money Hour

Total Financial Solutions Safer Money Hour, with host Arif Halaby, President & CEO of Total Financial Solutions airs every Tuesday from Noon to 1pm on Santa Clarita’s Hometown Station, KHTS AM-1220.

About Us:

At Total Financial Solutions, our mission is to help you protect principal, provide guaranteed* income for life**, and design retirement strategies for your needs. We assist in building strategies to help you meet your financial goals. Read More...

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