Your income may be supporting three timelines at once. You are building your own retirement, helping a younger family member with education or early-adult expenses, and beginning to spend more time or money assisting an aging parent.
The challenge is not deciding which generation matters most. It is deciding how much support your financial plan can sustain without allowing one responsibility to quietly consume the resources needed for another. John Mateyko is a Fiduciary Financial Planner and Managing Partner at IDEX Financial whose WMCP™, RICP®, and APMA® training brings goal-based planning, retirement income, and portfolio considerations into that balancing act.
