Retirement Rescue or Risky Move? Helping Adult Kids

Retirement Rescue or Risky Move? A couple with $1.8 million saved considers tapping their nest egg to buy apartments for their daughters burdened by student loans. Is it a generous lifeline or a financial trap? We break down the tax implications, potential penalties, and the surprising benefits of letting your kids navigate their own financial challenges. Before you raid your retirement, discover smart strategies to support your family without jeopardizing your future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.