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POLL: Do You Help Your Parents Financially?

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POLL: Do You Help Your Parents Financially?

Are you a child of immigrants? Your responses will be the basis of a follow-up article.

Pablo Andreu
Aug 18, 2022
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POLL: Do You Help Your Parents Financially?

401que.substack.com
Source: Licensed via Adobe Stock Photo

This creates challenges for those trying to build generational wealth. I spoke with Giovanna, the “First Gen Mentor,” about this very topic during our conversation a few weeks ago.

Subscribe to 401 Que? for upcoming book giveaways and access to interviews with personal finance experts.

How Do You Help Your Parents?

If you have 30 seconds, please answer the three poll questions below. Your answers will be anonymous. If I get enough responses, I’ll turn the results into a follow-up article.

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Please share this post with other first- and second-generation people you know.

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POLL: Do You Help Your Parents Financially?

401que.substack.com
12 Comments
Ali Vingiano
Writes Little Things
Aug 19, 2022Liked by Pablo Andreu

I help them mostly in practical ways. For example, my brother and I called an accountant for them to help them get a will when they realized they didn't have one and they were in their 70s.

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1 reply by Pablo Andreu
DB
Writes Indulging a Second Look
Aug 18, 2022Liked by Pablo Andreu

I'm not 'planning for my parent's retirement' because she's already retired, but I'm always helping her plan it out as the financial situation changes.

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