You never truly stop being a parent, even when your children are old enough to look after themselves. The urge to help your adult children is natural and, most often, comes from a place of genuine love. But good intentions can put your retirement savings at risk if you don’t have a plan. Here are a few smart strategies to protect your nest egg while also offering financial gifts and support to your adult children.

Our Principal Adviser Mark O’Flynn recently contributed to this article by Lucy Dean at the Australian Financial Review. The article highlights the significant role of long-term, considered investing and compounding on your overall wealth position.

Many people think financial planning is a one-and-done deal – get a plan, follow it, and you’re set. But the reality is, in fact, very different. Ongoing financial advice is not just beneficial, but indeed essential for long-term financial success, ensuring you can stay on track, adapt to changes, and make the right moves at the right time.

Navigating the road to retirement can be an enjoyable journey, full of anticipation and excitement as the destination draws near. It can also be filled with pitfalls and potholes for those travelling without a map. Here are some common mistakes to keep an eye out for along the way.