As we get older the parent-child relationship changes: it can become more of a friendship and in some cases, parents and children completely reverse roles. If your parents have already taken the time to speak to you about the steps they have taken towards retirement planning, consider yourself fortunate. If they haven’t, and you are in communication with them, you should consider talking to them about their financial future.
Parents may assume that their children don’t want to talk about finances and children may feel presumptuous asking about their parents’ money. One thing you might want to do is …Read More