It can be difficult to talk about money at any age. But it is so critical to have open, honest conversations to help build healthy relationships with your family and across generations. 

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The Canadian Foundation for Economic Education has a special website for seniors called Let’s Talk Money: Seniors Edition. The website gives tips for parents to talk with adult children and tips for adult children to have meaningful money conversations with their parents. 

Topics that are covered include:

• Wills & Inheritance
• Managing Your Assets
• Retirement
• Investing
• Life Insurance
• End-of-Life and Funeral Arrangements 
• Living Situation
• Power of Attorney
• Providing Support to Grandchildren
• Tough Talk about Money

Each topic if broken into sections to help guide your conversations. You can read the information on the website or print .pdf documents to read. There are also videos you can watch of listen to. 

Having these conversations early can help if there is an emergency and can also give seniors peace of mind.