In the
Media

I was 18 the first time I saw someone’s retirement dreams come crashing down. The retirees were my parents. They had made a fairly significant sum when they sold my father’s private medical practice but then received some bad financial advice, leading to a substantial financial loss.

As financial advisors, we are frequently called upon to help our clients build wealth by mapping out strategies that empower them to leverage their earnings to increase their net worth. Retirement planning especially focuses on using a client’s current financial capabilities to build a strong financial future.

The “Sandwich Generation,” caught between the dual demands of caring for aging parents and supporting their own children, finds itself navigating a complex web of financial, emotional, and logistical challenges. According to a Pew Research Center study, approximately one in seven US adults is providing assistance to both children and parents. Despite their vital role, support for this growing demographic remains painfully inadequate.

If you’re not ultra-wealthy, you’ve probably wondered what it’s like to be so. Maybe you think of all the ease and convenience they can access. The comforts. The luxuries. The peace of mind around common stressors like the price of healthcare or child care or even groceries and utility bills. And perhaps you think too of their spending habits, imagining them to be quite extravagant.