Check Your Balances

When You Have More Than Enough: Mid-Retirement Gifting & Legacy

Ross Anderson, CFP® and Daniel Messeca, CFP® Episode 295

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0:00 | 28:19

What happens when you reach mid-retirement and realize you have more wealth than you’ll ever be able to spend? While it sounds like a good problem to have, managing excess wealth comes with a unique set of personal and financial decisions. This week on Check Your Balances, we dive into the complexities of high-net-worth retirement planning. We discuss the nuances of gifting to adult children—including how to avoid altering their drive and independence—and strategies to ensure you pass on your wealth thoughtfully without compromising your own long-term financial security.

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