Having "the talk" with your parents

Here's more advice on having a conversation with your aging parents about their money. From CNN Money, Ismat Sarah Mangla's article, "How to Ask Your Aging Parents About Their Money," provides more strategies for presenting these duscussions in the best way to to avoid potential conflict.

Click here to read the full article.

7 ways to help aging parents with finances

Here's a great article from Stephanie Morrow with LegalZoom, which lists seven things you can do to helphttp://www.legalzoom.com/money-matters/personal-finance/7-ways-help-aging.  These seven things include:

your aging parents financially:

1) Be respectful.

2) Organize essential financial documents.

3) Make lists of financial activities.

4) Organize estate planning documents.

5) Create durable and health care powers of attorney.

6) Involve a financial expert.

7) Look out for red flags.

Aging Population Changes Retirement Planning

In this article Aging Population Changes Retirement Planning, from Medical Economics Dan Danford, MBA, CRSP of Family Investment Center, answers this financial question from a viewer. "Why would you include a question about parents on a form designed to collect information to begin retirement planning? Aren't most parents gone by the time someone retires?"

To see how Dan responded, click here.