Retirees: Talk Finances with Your Grown Children

When you’re retired, you’ll likely have some financial concerns — just like all retirees.However, if you’ve invested regularly and followed a long-term financial strategy, you should beable to address most issues that come your way. But there’s one important action that’s sometimesoverlooked by retirees: sharing their financial situation with their grown children. And thisknowledge can benefit everyone in your family.You might be surprised by the concern your children have for your financial well-being. Considerthese findings from a 2023 study by Age Wave and Edward Jones: 66% of millennials (generally defined as ranging from 27 to 42) worry that their parents…

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