Bank of Mom and Dad — Helping Adult Kids Without Overdrawing Your Own Retirement

Supporting Adult Children in Retirement: How much financial help to give, when it becomes a risk, and how to set limits kindly

Chris Maduri works with parents who want to help their grown children with a deposit, a debt or a difficult year, and who are quietly putting their own retirement at risk to do it. As a father himself, he has thought hard about the difference between provision and presence.

He explains how much support a retirement plan can really carry, where generosity turns into a risk to the parents, and how to set limits and say no without damaging the family.

Listeners get a clear way to decide what to give, when to give it and how to talk about it, so helping the next generation does not leave parents short in their own later years.

About Chris Maduri

Chris Maduri, podcast guest

Retirement & Life Transitions Expert

Nearly 20 years Helping people prepare for retirement4 Pillars of sustainable retirement planning3 Buckets in his wealth-building approachSales Director Named by Financial Marketing Group in 2013

Chris Maduri has spent nearly two decades helping people prepare for more than retirement - he helps them prepare for the life that comes after work.

Because retirement isn't simply the day the pay cheque stops.

It can change your identity, your marriage, your relationship with your time, your health, your family and your sense of purpose. And Chris believes that's the part of retirement planning most people don't talk about.

Chris began his career just before the 2008 Financial Crisis, an experience that fundamentally shaped how he thinks about risk. Watching carefully constructed plans come under pressure taught him that assumptions can fail - and that a retirement plan needs to work in the real world, not just on paper.

But after nearly two decades in the industry, Chris has come to see that financial preparation is only one part of the equation.

The bigger question is: What are you actually retiring to?

Chris describes retirement as the "fourth quarter of life" - and, if you've done things right, a little overtime.His work explores what it takes to make that chapter meaningful: having financial confidence, maintaining your health, protecting the people you love, staying connected to a sense of purpose and knowing how you want to spend the years you've worked so hard to create.

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