Fact vs. Fiction Archive

Fiction:
It's too early to start talking to my parents about their finances.

Fact: Members of the Sandwich Generation—those who are taking care of aging parents while supporting their own children—often come under serious financial and emotional stress. As your parents move into retirement, it's wise to plan ahead for any financial and legal responsibilities they may expect you to take on. Although these topics can be difficult to discuss, it's important to start the conversation early—for your parents' sake as well as your own. By planning ahead for any financial assistance and other care they may require, you’ll help ensure that everyone's needs are met.




Back to Archive


© Copyright 2015 Commonwealth Financial Network