Recently, in the Chicago Tribune, Gail MarksJarvis wrote an excellent article about having “the talk”. She pointed out that eventually mom and dad may need help with their finances and it’s best to get the mechanics set up long before it becomes urgent. She quoted Suzanne Schmitt, VP of family engagement for Fidelity, “It’s a bit of an ostrich syndrome. Older adults are afraid of losing control over how they spend.”
As Parents Age It May Be Time To Talk About Money
Posted on January 24, 2017 by LifeStyle Options