Ageing happens even to the best of us, and our research into the wellbeing of Australians tells us that the state of our finances can affect how content we are in our golden years.
It may be tough to talk to your parents about how they'll fund their care as they age, but it's an essential discussion, and the best way to ensure their post-retirement financial planning is set-up correctly.
Talking to your parents about their financial plans now, while they’re relatively fit and healthy, can help to smooth the way for any hard decisions you may have to make later on down the track.
In this episode of ‘Parenting Up with Australian Unity’ podcast, the CEO of Australian Unity Bank, Matthew Ricker, and performer, author and podcast host, Jean Kittson AM, share the key considerations for funding post-retirement care, and explain why ignorance isn’t bliss when it comes to money.
To learn more about parenting up, visit: https://www.australianunity.com.au/wellbeing/community-and-relationships/helping-parents-plan-for-post-retirement-care