How To Support Your Family Without Jeopardizing Your Retirement

By Scott Westlake

October 22, 2020

0

 

 

According to a study by Finder.com, 67.7% of Canadian parents assist their adult children financially. There are many reasons why your clients may need to help out a family member, however, it's important that they do so without jeopardizing their retirement. Below we look at different options for freeing up funds and the pros and cons of each.

Financially assisting family members is something that generous Canadians have been doing for a long time. And by helping your clients think through their options and decide what's right for them, they can do so without jeopardizing their hard-earned retirement.  Best Regards,  Agostino Tuzi National Director Mortgage Broker Channel