Forbes – Greg Powell
Most American investors are familiar with the basic questions they need to ask themselves to prepare for a comfortable retirement: “Have I mapped out the lifestyle I want to achieve after my career ends?” “Have I contributed enough to my 401(k) or other qualified plans?” “Are my expenses in line with my expectations?” There’s another question many of them should add to this list that may be less familiar, though: “Have I taught my kids about money and about their role in my retirement plans?” In my experience, when clients’ children are brought into their parents’ plans early on and armed with a strong financial education, they can form a key part of their parents’ long-term retirement success. (more)