Are your kids starting new jobs? Graduating college soon? Getting promoted? Do they listen to you? Do you wish there was a mutual third party to help set them up for financial success? This video is part 2 of a 3 part series called “Sandwich Money”, where Sophie and Mike discuss financial advice for adults who are sandwiched between raising children and caring for aging parents.
Part 1: Financial Advice for Young Parents
Part 2: Financial Advice for Parents of Adult Children
Part 3: Financial Advice for Adults with Aging Parents
Topics in this episode include

Financial milestones for young adults
What should people consider with their first job offer?
Story: max your match, not max your contribution
Getting an unbiased third party for financial advice
Uncomfortable family conversations about money
Quality time instead of financial logistics and numbers
How do you introduce your young adult to a financial advisor?
What changes financially when you become an empty nester?
If you have multiple kids, who do you want to name as the executor?
A health scare that ended up positively
Cautionary tale: Have written agreements
Approaching the Estate conversation with your adult children
Ideal sequence of financial conversations for your adult children with an advisory team
What happens if you can’t think of someone to be the executor of your will?
What’s the scope of a corporate trust?
When do lawyers get involved?

Connect with Sophie

LinkedIn: Sophie Howell
Cook Wealth Bio: Sophie Howell

Connect with Mike

LinkedIn: Michael Holloway, CFP®
Cook Wealth Bio: Mike Holloway 

Ver todos los episodios