You want to spend your retirement with loved ones. Your family is a great source of joy and satisfaction, and you want to be there for all the special moments throughout the year — birthdays, holidays, graduations — as well as the everyday moments, such as picking your grandchildren up from preschool. As you start your planning, make sure to include your loved ones in the process and work with your Athene agent to answer these important questions.
Do you want or need to move in order to be closer to your extended family?
How close do you want to be? Will this require a move? If you are near to family, maybe you would like to downsize. If you expect family to come to you, maybe you need to upsize.
Do you plan to help support family members financially or contribute to education costs?
What role do you plan to play and are you prepared to contribute as much as you would like? Consider financial products that can help, such as a 529 college savings plan, life insurance or an annuity. It's also important to have your will in order and your beneficiaries set up correctly. Your Athene agent and other professionals can be a great asset and help with this type of planning.
Would you like to help with child care?
Child care can be expensive, so having grandparents to help ease the burden for a busy parent can be invaluable both financially and emotionally. It's also a great way to bond with your grandchildren and be a part of their upbringing.
Have you had a frank discussion with your family about their expectations and the role you will play?
Being on the same page with your loved ones is crucial for everyone's long-term happiness. Make sure you have these conversations early and often to ensure that all parties are aware of your wishes and can help in the planning process.
Make your dream a reality
Once you have a clear picture of what you want, you’ll be ready to build your plan.
Athene employees and agents will not provide and are not authorized to provide tax, legal, or investment advice. Please contact a qualified professional for such advice.