2019: Ask Farnoosh: What to Ask My Parents Before They Retire?

This week on Ask Farnoosh, we're talking about the financial conversations that can save families years of stress—and why it's never too early to start having them.First, a story from my daughter's lemonade stand that sparked an unexpected lesson about entrepreneurship, generosity, and teaching kids the value of earning (and giving) money.Then, in the mailbag:How do you talk to your parents about retirement and estate planning without making them feel like you're taking away their independence? I share the key questions to ask—from healthcare and long-term care plans to wills, powers of attorney, debt, and retirement income.Should you superfund your children's 529 plans or contribute gradually over time? We break down the pros and cons of front-loading college savings, the power of compound growth, gift tax rules, and why a hybrid approach may be the smartest strategy.Plus, in the headlines:Why more homeowners associations are moving toward foreclosure over unpaid dues.Relief for more than 170,000 student loan borrowers—and who qualifies.Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.