Episode 87: Taking Control of Finances For Aging Parents
Your Canadian Retirement Specialist
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Show Notes
When your aging parent is no longer able to keep track of bills, investments and money management, someone else must step in. Often the parent has appointed an adult child or other relative to do the job. It can be a lifesaver or it can create explosive conflict and unnecessary costs.
In today's episode, we go through some common mistakes made when managing money for an aging parent or relative.
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Regan Schiller holds his Certified Financial Planner, Registered Retirement Consultant and Certified Life Underwriter designations. He is an Executive Financial Consultant licensed under Investors Group Securities Inc.
Mutual funds and investment products and services are offered through Investors Group Financial Services Inc. (in Québec, a Financial Services firm). Additional investment products and brokerage services are offered through Investors Group Securities Inc. (in Québec, a firm in Financial Planning). Investors Group Securities Inc. is a member of the Canadian Investor Protection Fund. Commissions, fees and expenses may be associated with mutual fund investments. Read the prospectus before investing. Mutual funds are not guaranteed, values change frequently, and past performance may not be repeated.
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Music courtesy of LesFM: https://lesfm.net.