Learn to start open, productive talks about money with your parents as they age
As your parents age, you may find that you want or need to broach the often-difficult subject of finances. In Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances, youβll learn the best ways to approach this issue, along with a wealth of financial and legal information that will help you help your parents into and through their golden years.
Sometimes parents are reluctant to address money matters with their adult children, and topics such as long-term care, retirement savings (or lack thereof), and end-of-life planning can be particularly touchy. In this book, youβll hear from others in your position who have successfully had βthe talkβ with their parents, and youβll read about a variety of conversation strategies that can make talking finances more comfortable and more productive.
β’ Learn conversation starters and strategies to open the lines of communication about your parentsβ finances
β’ Discover the essential financial and legal information you should gather from your parents to be prepared for the future
β’ Gain insight from othersβ stories of successfully talking money with aging parents
β’ Gather the courage, hope, and motivation you need to broach difficult subjects such as care facilities and end-of-life plans
For children of Baby Boomers and others looking to assist aging parents with their finances, Mom and Dad, We Need to Talk is a welcome and comforting read. Although talking money with your parents can be hard, you arenβt alone, and this book will guide you through the process of having fruitful financial conversations that lead to meaningful action.
