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New Retirement Radio with Dennis Prout Podcast

The days of simple retirement planning are gone and those who can manage their own portfolio are choosing not to. Prout Financial Design began over 25 years ago as an education based financial planning practice. Dennis Prout, Certified Financial Planner, believes that each client should not only understand their finances, they should be actively involved in the decisions made. Join the conversation! Dennis' radio show can be heard LIVE every Thursday at 10 am on News Talk 580 am or you can listen here instead. Thanks for tuning in! Advisory Services offered through Capital Asset Advisory Services, a Limited Liability Company, and a Registered Investment Advisor. Prout Financial Design does not provide tax, accounting, or legal services. Please consult the appropriate professional regarding your individual circumstance. Not associated with or endorsed by the Social Security Administration or any other government agency.
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New Retirement Radio with Dennis Prout Podcast
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Nov 30, 2016

According to U.S. Census data, the majority of 18-34 year olds are living with their parents (31.5% to be exact).  Pew Research discovered that of those aged 25-34 living with parents, a "large majority say they're satisfied with their living arrangement (78%) and upbeat about their finances (77%)". Longevity, shifting job markets and delay in marriage have contributed to these statistics, and they aren't all bad, they're just different.  Somewhat unsettling is the dependence of adult children on their aging parents for financial support and housing.  Dennis Prout and Shea Petaja discuss an advisor's fiduciary responsibility in caring for clients and their long-term desires.  As clients age into retirement, they may face difficult challenges and be forced to face the relationships they have with their children.

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