Wall Street Journal

Excerpt:  It was painful for his father and mother to watch. The mother in particular wanted to send them a few grand here and there to help out. The father had some liquid cash that he wanted to use to support the couple, but I told him to hold on to it. I showed him what giving $1,000 a year on an ongoing basis to his son would do to his retirement. It meant he’d run out of money by the time he was 72 instead of 100.  Dan White CLU, ChFC, is the founder and president of Daniel A White & Associates, a financial planning firm specializing in asset protection and transitional and retirement planning.  See More


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