Supporting Loved Ones Without Derailing Your Retirement, Ep # 254
\xa0Many of us have financial goals that extend beyond ourselves to include friends and family. Doing so can be an enormous help to those you love, but it is important to consider your own financial well-being in conjunction with that of the ones you want to help. Today, we\u2019ll look at an article that explores how to intentionally offer financial support to your loved ones without deviating from your financial goals.
The article that we\u2019ll look at comes from Sophia Bera at\xa0GenYPlanning.com\xa0and it takes a different approach to a timeless topic. Approaching issues from a different angle can give you a new perspective.
In the listener questions segment, we\u2019ll discuss two questions: one about inverse ETFs and another about the specific mechanics of doing a Roth conversion. Make your voice heard by completing our\xa0annual listener survey!
Outline of This Episode- [3:12] Money is a team sport
- [10:54] Create healthy boundaries
- [13:24] My thoughts on inverse ETFs in a declining market
- [16:54] Should Dave rebalance first before making a Roth conversion?
- How to Financially Support Your Loved Ones without Derailing Your Plan
- Fill out our annual listener survey!
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