Caring for a family member

Author

Edward Jones - Chad Choate, AAMS

Posted on

Dec 03, 2021

Book/Edition

Florida - Sarasota, Bradenton & Charlotte Counties

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Life doesn't happen in neat little boxes. Everything overlaps. While you're dealing with multiple priorities, we have multiple ways to support you.
That's why your Edward Jones financial advisor asks questions to understand what's important to you. Once we understand your priorities, we can help you document specific goals. Then, together, we can develop personalized financial strategies based on your risk tolerance and current financial picture to help you achieve them.
Below are some things to consider if you are caring for a child or helping an aging parent.
Child to support?
Supporting a child doesn't have to mean placing your retirement and other goals on hold .There are loans for college but not for retirement. So you may decide to focus on contributing to your 401(k) and/or Roth vs traditional IRA. However, if you feel strongly about helping your kids go through college relatively debt-free, you may want to focus more on your college savings options.
We don't believe you have to pick one goal over the other. Remember, there are ways to balance the goals of saving for education and retirement.
Caring for an aging parent?
You may need to juggle your financial goals with the needs of your aging parents. Even if you don't have to contribute financially, you may need to spend time and energy making sure your parents situation remains positive.
Use our financial checklist to help you navigate caring for an aging parent

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Local Services By This Author

Edward Jones - Chad Choate, AAMS

Estate Planning 828 3rd Ave. W., Bradenton, Florida, 34205

Experience and Background I am a financial advisor in Bradenton, FL, and began my career with Edward Jones in 2017. As a financial advisor, I want to find out what's important to you and help you build personalized strategies to achieve your goals .As a lifelong Manatee County resident, I graduated from the University of South Florida and was a teacher in Manatee County before joining Edward Jones. My driving force is to change people's lives in a positive way, and what better place than my home to do that. Whether you're planning for retirement, saving for college for children or grandchildren, or just trying to protect the financial future of the ones you care for the most, we can work together to develop specific strategies to help you achieve your goals. We will also monitor your progress to help make sure you stay on track or determine if any adjustments need to be made. Throughout it all, we're dedicated to providing you with top-notch client service. But we're not alone. Thousands of people and advanced technology support our office so that we can help ensure you receive the most current and comprehensive guidance. In addition, we welcome the opportunity to work with your attorney, accountant and other trusted professionals to deliver a comprehensive strategy that leverages everyone's expertise. Working together, we can help you develop a complete, tailored strategy to help you achieve your financial goals .I currently volunteer with the Manatee Hurricane football Broadcast and Booster Club, serve on my church's trustees council and have previously served as a leader in Young Life. I am a member of the Manatee Chamber of Commerce and an alumnus of their Leadership Manatee program .I have been married to my childhood sweetheart, Ashley, for 15 years and we have a son, Wesley, and daughter, Camryn. We enjoy watching our children play their sports and traveling as a family.

Edward Jones - Chad Choate, AAMS

Financial Advisor 828 3rd Ave. W., Bradenton, Florida, 34205

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