Tag: Financial Education

FEATURE
Financial Planning for Retirees: Balancing Family Support and Personal Savings (Ep. 29)

Financial Planning for Retirees: Balancing Family Support and Personal Savings (Ep. 29)

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Is it possible to financially help your adult children without jeopardizing your retirement? The short answer is yes, you can. But what financial boundaries need to be set?

In this episode, David is joined by guest Mike Smith to dive into the intricacies of supporting adult children financially. They discuss the impact on your retirement savings, when parental support may be beneficial, and how to set up clear financial boundaries. Plus, David and Mike offer practical steps to empower your children to take charge of their financial independence without compromising your own stability for retirement.

David and Mike discuss: 

  • (01:17) Balancing support for adult children without impacting personal savings
  • (05:45) Benefits of Helping with a Down Payment
  • (09:08) Roth IRA Contributions for Young Adults
  • (11:04) Navigating gift tax rules when offering financial help
  • (15:18) Setting Financial Boundaries with Adult Children
  • And more

Through this enlightening discussion, listen as they unfold valuable insights on maintaining financial stability while supporting the next generation.

Resources:

Connect with David Koren: 

Connect with Mike Smith:

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FEATURE
Empowering Financial Advice for Women with Robin Colton (Ep. 18)

Empowering Financial Advice for Women with Robin Colton (Ep. 18)

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Despite strides in equality, many women still face unique challenges when it comes to managing their finances and planning for retirement.

In the latest episode of Unleash Your Retirement, David Koren sits down with his colleague and friend, Robin Colton for a candid conversation about the barriers female clients often face within the financial industry. By addressing the importance of education and finding advisors who respect women’s unique financial needs, this podcast serves as a beacon for women looking to navigate the complexities of finance with assurance and wisdom. David and Robin explore practical strategies and insights that may empower women to become more involved in financial decision-making, especially as they are poised to control a significant portion of stock market wealth in the coming years.

David and Robin discuss:

  • Importance of women in managing finances and retirement planning
    Strategies for education and finding quality advisors
    Challenges women face in the world of finance
    Empowering women
    And more

Resources:

Connect With David Koren:

Connect With Robin Colton:

About Our Guest:

Robin Colton delivers personalized financial advice to clients to achieve goals, today and tomorrow.

Robin takes the time to understand what’s truly important to you. She documents clients’ goals, tracks their progress, and makes ongoing recommendations to help diversify their portfolio, and adjust it to whatever life brings — both the expected and the unexpected.

No matter who you are, Robin can help you feel confident, connected, and always in control of your financial life.

Securities offered by Registered Representatives through Private Client Services. Member FINRA / SIPC. Advisory services offered by Investment Advisory Representatives of RFG Advisory, LLC (“RFG Advisory” or “RFG”), a registered investment advisor. Private Client Services, RVA Wealth Management, and RFG Advisory are unaffiliated entities. Advisory services are only offered to clients or prospective clients where RFG Advisory and its representatives are properly licensed or exempt from licensure. No advisory services may be rendered by RFG Advisory unless a client agreement is in place.

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