首页 > 资讯 > Getting support from family: a guide for retirees

Getting support from family: a guide for retirees

Mutual support

1.Make it clear it's not mandatory

The most important thing to tell your children is that you don't automatically expect them to give you money. This is especially true if you know your children are struggling at the moment.

Any agreement you come to should be a partnership between you and your children, based on love, respect and a desire to see each other comfortable and happy.

2.Return the favour

You may not be able to pay your children back, but you can do other things to make their lives easier. For example, if you spend part of your free time looking after your grandchildren, your children will save on childcare and find it easier to support you or realise other wealth management goals.

3.Treat your children occasionally

As you're receiving financial support from your children, you may not want to use that money to buy extravagant presents. Instead, think about what you can give your children from your own possessions – a vintage car you don't drive anymore, a holiday home you don't visit or maybe a precious heirloom.

4.Share the responsibility

The eldest child is often the one who supports their parents financially. But this can be a heavy responsibility for them and one that would be better shared among their siblings.

If you have more than one child and they are all in a strong financial position, consider an arrangement where all contribute as much as they can afford.

Related content

More products and information

HSBC insights  This link will open in a new window

In today’s fast-paced financial world, the only way to stay ahead is to be on top of current market events. Tap into our unique market insights and investment analysis to stay informed about the latest trends and regional news with just a few clicks.

Get started

Get personalised advice

By phone

For general inquiry (RBWM only)

400-820-3090

Please dial the country code of mainland China +86 if you are calling from overseas, Hong Kong SAR, Macau SAR, or Taiwan

相关知识

肥胖的现状与成因 公共健康.ppt
A study on the influencing factors and relative contribution of family on children's health: From the perspective of household production of health
Headlines, features, photo and videos from ecns.cn
「双语阅读」10篇关于情绪管理英语作文
饮食健康的英语作文(通用22篇)
颜宁再获世界级大奖,发表获奖感言
美国国家环境保护局
美国“三全”健康学校模板
高中英语作文Healthy Eating Habits健康的饮食习惯(通用23篇)
治疗心理疾病的天然疗法

网址: Getting support from family: a guide for retirees https://m.trfsz.com/newsview231673.html