So your parents have a financial plan, but you’ve never been part of it. As your parents age, you may begin to wonder exactly what their financial plan is and whether that is something they should begin sharing with you, especially if their health is beginning to decline. In actuality, you should probably begin asking such questions even earlier.
Although it may be financially or emotionally difficult to begin such a conversation, the earlier you do so, the easier the process can end up being for all involved.
Learn these six steps for building a financial plan for your aging parents.