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Today’s Money: The Right Time To Talk Family Finances
According to a new survey from Fidelity, parents and adult children are having a hard time talking about their finances and setting expectations about caregiving. Among the most concerning statistics from the findings: 97% of parents and adult children disagree over whether the children will take care of their parents in the event of illness. I went on the TODAY show this morning and, along with psychiatrist Gail Saltz, talked about how to have these important conversations. To see our tips, check out the video clip below.
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