How To Have The Money Talk with Your Parents

Have you had “the talk” with your parents yet? I’m talking about the conversation or series of conversations that will help you help them secure their financial future. Do they have enough money to see them through a long retirement? Life expectancies have gone up, way up. Unless a person has a strong genetic or other reason to believe their life will be short, they should plan to live to be 95, even 100, years old. Do your parents have the medical or disability insurance they need if one of them gets sick? Do you know enough about their wishes to make sure they get the sort of care they would want if they’re no longer able to communicate in the traditional sense? And what happens in an emergency? Read More.

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