The value of a parent - Legal & General
The value of a parent - Legal & General
The value of a parent - Legal & General
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18<br />
financial priorities – VALUE OF A PARENT 2013 Research<br />
Opportunity<br />
Despite many <strong>parent</strong>s (73%) feeling in control <strong>of</strong> their finances,<br />
49% didn’t know how long their savings would last if they were<br />
unable to work. Talking to your clients about their day-to-day<br />
spending as well as long term financial planning can help them<br />
regain control <strong>of</strong> their finances.<br />
TOP FINANCIAL PRIORITY<br />
Making sure your child(ren) is/are<br />
financially looked after should you be<br />
unable to (due to death or illness)<br />
73%<br />
Saving enough money to provide for<br />
your child(ren)’s education<br />
23%<br />
Saving enough money to provide for<br />
your child(ren)’s first house<br />
3%<br />
Not surprisingly, nearly three quarters (73%) <strong>of</strong> <strong>parent</strong>s said their<br />
top priority was to ensure that their children are looked after<br />
financially should they be unable to provide for them. <strong>The</strong> findings<br />
were similar for new and expectant Mums, with 72% saying that<br />
this was also their top priority.
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