Tricapital Blog

With multiple financial goals to plan for, many parents today face a difficult dilemma: should they prioritize retirement savings or focus on saving for their children’s college education? It’s a noble sentiment to want to give your children the best possible start in life, but focusing on your retirement savings

When it comes to planning for your child’s education, navigating the financial landscape can be daunting. The cost of college education continues to rise, and the pressure to save enough can feel overwhelming. But here’s the good news: there are several tax-efficient college savings tools designed to make saving for

Parents often commit to doing anything for the health, safety, and security of their children. For many, this translates into financial support – oftentimes long into adulthood. For several years now, there has been an emerging trend among young adults – and Millennials in particular – needing to rely on

July is a great time of year to think about assessing and updating your financial plans. Why? Well, as we celebrate America’s Independence on July 4th, you might also take the opportunity to think more about your own financial independence and what it can mean for your lifestyle, peace of

As your parents age, the dynamics of your relationship may shift, especially when it involves assisting them with daily tasks and their financial management. Navigating the changing roles from child to caretaker in family financial planning can be challenging. It’s not uncommon for adult children to feel uncomfortable discussing finances

Building generational wealth is about creating long-term financial security that can be passed down through your family lineage. It involves more than just accumulating money; it’s about establishing a foundation of assets, investments, knowledge, and financial habits that can support your family for generations to come. In this article, we’ll