POLL: Do You Help Your Parents Financially?
Are you a child of immigrants? Your responses will be the basis of a follow-up article.
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.
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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.
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.
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.