Parents risk retirement savings by prematurely helping children buy homes
Many parents in Australia feel pressured to help their children buy homes but risk compromising their own retirement savings. Wealth advisor Andrew Barlow warns that gifting too much too soon can disadvantage children, and suggests assessing each child's readiness before providing financial support. Alternatives include matching savings or paying for financial advice to enhance their future prospects.
Summary by OZbrief Editorial · SMH · Source
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Published 23 Jun 2026, 19:01 UTC · Updated 23 Jun 2026, 19:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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