Advisers urge clients to spend less on their adult children

09/3/2011 | Financial-Planning.com

Clients could be at risk of depleting their portfolios if they are giving too much money to their adult children -- an increasing problem as the economy leaves young adults struggling to find work and their parents with lower retirement resources. Advisers might need to step in and help, using strategies such as playing the bad cop with children and helping clients see the big picture.

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