‘Having the Talk’ with Rob Lowe About Families and Long-Term Care

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I had the pleasure of sitting down and having a very personal discussion with actor and family man, Rob Lowe about the need to have “conversations that matter” between family members.  Many of these “conversations” revolve around later life issues and echo many of the points that I made in my book, “Having the Talk.” [Read More…]

Easing, Not Plunging Into Retirement

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Bringing on new-found freedom can be another misstep. “Enjoy yourself but don’t change your life that drastically, at least not initially,” cautions Jack Tatar, author of Having the Talk: The Four Keys to Your Parents’s Safe Retirement and four other books aimed at educating people about retirement. “Try to maintain as much of your routine [Read More…]

Do financial advisers really hate your wife?


While at Merrill Lynch, Sally Krawchuk, pointed out to financial advisers at the firm that they needed to ensure that discussions with clients meant not just ones with the husbands, but the wives as well. After all, she pointed that when male clients died, the firm loses about 50% of those assets when the wife [Read More…]

You could be liable for your parents’ long-term care


I’ve written here in the past about filial responsibility laws in other countries, which had been invoked to force the children of the elderly to address their health-care costs and responsibilities. In China, the government is considering widespread implementation of laws that will require the adult children of seniors to provide care for their parents. [Read More…]

The Key to Retaining Assets!


If you’re a financial advisor or professional, this article will provide you the secret to retaining assets. As our population ages, advisors and professionals are finding that their clients are aging and when they “pass on”, those assets and relationships that you had and cultivated for many years leave your business because you haven’t made [Read More…]

The Talk: Having purpose in retirement


A recent study by Fidelity found that ” sixty-five percent of adult children and parents agree that discussing retirement readiness is an important topic, but 72 percent disagree on the level of detail that has been covered to date; and only 11 percent of children believe the conversations were very detailed .” One thing I’ve learned in my work [Read More…]

5 critical health questions to ask parents


Having “the talk” with your parents about retirement and aging usually finds people primarily focusing on the financial aspects such as wills, estates, and financial considerations for care in one’s later years. If you’ve gotten through that part of “the talk” congratulations! However, “the talk” has a number of parts to it and what is [Read More…]

The Talk: Leaving a legacy in retirement


In the process of writing my book, “Having “The Talk”: The Four Keys to Your Parents’ Safe Retirement,” I’ve found that one of the ways that adult children can connect with their retiring or retired parents is to view the process of creating a legacy for them as a very fulfilling project that can be jointly undertaken. [Read More…]

The Talk: Secret to a longer retirement


As you know from reading my books and my recent series here on “The Talk” between adult children and their parents, I believe that there are “Four Keys” to living a long and safe retirement. Obviously all retirements depend upon having a solid financial foundation and fortunately there are many resources (including writers on this site and working with [Read More…]

The Talk: Social networking vital for retirees


The fourth key aspect of “the talk” and having a safe and long retirement is the need to stay involved. The building and nurturing of a strong social network for retirees is vital to their own longevity and their ability to weather the storms that will occur with later life. For the adult child of a retired [Read More…]