Скачать или смотреть How to Be a Generous Grandparent Without Breaking the Bank? | Financially Fit Radio

In this episode of Financially Fit Radio, Cory Sickles and Tony Shore explore one of the most rewarding—and potentially expensive—roles in retirement: being a grandparent. From Disney trips to daily expenses, grandparents spend an average of nearly $4,000 a year on their grandkids, with some spending over $10,000. Cory explains how you can support and spoil your grandchildren without jeopardizing your retirement nest egg. They also welcome Medicare expert Joe to walk through the no-cost steps for getting your Medicare coverage reviewed during the Annual Enrollment Period—something that could lead to hundreds in yearly savings. Whether it’s budgeting for grandkid gifts, using a 529 plan, or just saying “no” the smart way, this episode is packed with actionable strategies to help you be generous without regret.

Timestamps:
00:00 - Intro and Tony’s Dubai story
05:41 - Medicare Annual Enrollment overview with Joe
08:50 - How to start a Medicare review and what to expect
13:55 - Real-world Medicare savings examples
17:30 - Transition to today’s main topic: Grandparent giving
19:12 - Average grandparent spending stats (Kiplinger study)
22:05 - Travel, gifts, and hidden costs of generosity
25:48 - Retirement security vs. family support
28:30 - The importance of budgeting and financial boundaries
31:45 - Teaching grandkids about saving and value
34:12 - 529 plans and gift tax considerations
37:25 - Final advice: generosity with a plan
39:00 - How to get a second opinion on your financial strategy

👉 Call us at 614-760-0670
👉 Visit us online at SafeHarborOH.com

Don't forget to subscribe to our YouTube channel and check out more episodes of Financially Fit Radio for additional financial guidance!

Let us know your thoughts on the topics discussed or give us any feedback to make the future episodes better!

#FinancialPlanning #RetirementPlanning #WealthManagement #EstatePlanning #LegacyPlanning #FinancialAdvice #FinancialEducation #MoneyManagement #InvestmentStrategies #Trusts #Wills #Probate #FinancialAdvisor #SafeHarbor #CorySickles #Taxes #Inheritance #IRA #401k #LifeInsurance #FamilyLegacy #FinancialSecurity #FuturePlanning #FinanciallyFitRadio #SocialSecurity #ohio #centralohio #columbusohio #Turning65