RESPs to RIFFs: Mastering Your Family’s Wealth Journey in the Sandwich Years

Financial planning in the Sandwich Years doesn’t have to feel overwhelming.In this episode of Sandwich Years – Squeezed and Blessed, we sit down with Ellen from RBC Wealth Management to talk about how to better manage your finances while balancing caregiving, dependents, and your own future.If you’re supporting aging loved ones, planning for your children, and trying to stay on track financially — this conversation is for you.In this episode, we cover:✔️ Why having a financial plan reduces stress during caregiving✔️ How RESPs work and how to maximize education savings✔️ What to know about TFSAs and avoiding contribution mistakes✔️ Supporting aging loved ones with finances and why Power of Attorney (POA) matters✔️ What happens when RRSPs convert to RRIFs at age 71✔️ The importance of family conversations around money, accounts, and wishesWhy this mattersDuring the Sandwich Years, financial clarity brings peace of mind — not just for you, but for the people who depend on you.Thank you Ellen🎧 Watch or listen now.🌐 Learn more and find resources: www.sandwichyears.com📱 Follow us: @sandwichyearsStudio Credit: Perspective Studio Productions