Thu, 8 August 2019
Learn how you can talk to your parents about money, their retirement, and beyond with less stress! Helping Your Parents Prepare for Retirement and BeyondWe talk about how to discuss money as a couple and make those conversations less stressful. And I hope you two feel more relaxed when you’re talking about your goals and finances. I also know that just because you two can talk about money, doesn’t mean that you’re cool with those money chats with everyone. Especially when it comes to your parents. My mom is getting closer to retirement I want to make sure that she’s in a good spot. Healthwise things look alright, but I also know that’s not given. We’ve other relatives have some significant health issues, including dementia and injury and it does make us wonder, how prepared are we to make sure our parents are taken care of? It’s easy to put it off, but do we really want to? So how do you start those conversations? How do you prepare for when you need to step in and help out your parents? Journalist and personal finance author Cameron Huddleston had to deal with it firsthand when helping her mother who was diagnosed with Alzheimer’s disease. Her latest book is Mom and Dad: We Need to Talk is a fantastic guide on how to come together as a family now so down the line, everyone is on the same page. So I’m we have her on today. We also have financial advisor Jonah Kaufman sharing his take as he’s had to help families navigate through these delicate conversations. In this episode we’ll discuss:
Let’s get started! Resources for Parents and RetirementHere are some fantastic resources to help you two get more comfortable talking about retirement and more with your parents.
Thank You to Our Sponsor Coastal!Support for this podcast comes from Coastal Credit Union! If you’re living in the Raleigh Durham area and looking to bank better, come check out Coastal today. If you want to be better prepared financially, please consider Coastal’s Retirement Planning Program! Support the Podcast!Thank you so much for listening to the podcast!
Music CreditLike the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere.
Direct download: S9E9_Helping_Your_Parents_Plan_for_Retirement_and_Beyond.mp3
Category:personal finance -- posted at: 5:00am EST |