Goldstein On Gelt

Do your elderly parents need help with managing their finances? This is a difficult realization both for child and parent, and accepting and giving help needs extreme sensitivity. Letting go of the reins of a financial account is a process. Since this is a difficult conversation to have, consider inviting a financial professional to be an objective voice. Doug gives advice for adult children – and their parents - who find themselves in this challenging position. If you and your parents are at this crossroads, watch this video that might help adult kids and their parents discuss when to hand over financial decisions and accept help with finances. At a certain point being too trusting, or making bad financial decisions, is an invitation to a con artist. The financial bad guy isn’t necessarily a stranger – it can be someone you know, maybe even someone who is close to you. Retirement planning requires some flexibility Financial planner Benjamin Brandt of the Retirement Starts Today podcast joins Doug to discuss