Conversations with Aging Parents - E55

Time is coming for us all, and according to one survey, 73% of adult children haven’t had detailed conversations with their parents about their parents’ finances. In fact, many of them don’t know how to even start the discussion.   Today, on The Best Interest Podcast, Jesse explains a few ways to bring up this conversation, gather information, and details which topics you should discuss not just with your parents, but family at large.   Communication is a huge part of personal finance and all relationships, and the mixture of finance and family is a place where communication is paramount.   Jesse also reflects on the five regrets we commonly have at the end of life, and how David Foster Wallace thinks we should approach living a meaningful life.   Mentions: GOBankingRates Survey: https://www.gobankingrates.com/saving-money/family/americans-discuss-finances-aging-parents-survey/ Bronnie’s List: https://bestinterest.blog/the-top-5-regrets-of-the-dying/ This is Water: https://www.youtube.com/watch?v=DCbGM4mqEVw   More of The Best Interest: Check out the Best Interest Blog at bestinterest.blog Contact me at jesse@bestinterest.blog   The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

Om Podcasten

Why is personal finance so complicated? The internet is flooded with personal finance “experts” sharing short-sighted, error-prone advice. But long-term financial success requires thoughtful, patient, and well-researched strategies. Hosted by Jesse Cramer, a former aerospace engineer turned fiduciary financial advisor in Rochester, NY, Personal Finance for Long-Term Investors simplifies complex financial topics. With relatable stories, in-depth research, and practical tips, Jesse helps you master financial planning for families, make smart decisions about tax-efficient investing, and build strategies for retirement planning and beyond. Formerly known as The Best Interest Podcast, and inspired by Jesse’s award-nominated blog The Best Interest, this podcast is your trusted resource for comprehensive financial planning and smart investing. Whether you're looking for optimal investment allocations, retirement planning advice, or generational wealth transfer ideas, this show makes personal finance approachable, enjoyable, and actionable. A richer tomorrow starts with learning today. Invest in your knowledge with Personal Finance for Long-Term Investors.