Aging baby boomers and their adult children often find it difficult to engage in meaningful family conversations about parental retirement plans. Sensitive topics like housing, finances, health status, and the ability to continue driving are a few topics that can trigger strong emotional responses.
Kiplinger.com recently published an article on this topic titled, “10 Ways to Talk to Your Aging Parents About Their Finances.” Author Cameron Huddleston wrote a book on the subject, and she has several productive guidelines to help adult children broach the subject of financial planning with their parents.