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Whats the Long-term Financial Impact?

financial impact long-term
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Whats the Long-term Financial Impact?

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What impact would such an occurrence have on YOUR finances? The likelihood is that the child concerned would return to the family home and as parents you absorb the costs of care and / or rehabilitation. At a time when you are rightly expecting your financial commitment to your child to be winding down, suddenly there is no light at the end of the financial tunnel. Generally this easing of the financial pressure has been factored in to a familys financial planning so the new financial burden may deal a devastating blow to your retirement strategy.

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