Tyler Qualio, JD, CFP, Managing Director and Partner, was recently featured in Kiplinger in an article addressing whether affluent retirees should continue gifting money to adult children who are already financially comfortable. Qualio noted that many adult children may not receive an inheritance until well into their 60s or 70s, making lifetime gifting a more impactful and personally rewarding approach. “Gifting during your lifetime can allow you to see your children and grandchildren enjoy the money,” he said.
At the same time, Qualio emphasized that any gifting strategy should be grounded in careful planning. He advised retirees to assess their annual spending needs against all available income streams and to account for unanticipated costs such as long-term care before committing to ongoing family support. “The other side of the coin, of course, is making sure you and your own retirement are not compromised by over-gifting too early.”
