Talking about your finances with your children can be uncomfortable, especially if those aren’t conversations you’ve initiated with your kids in the past. Now that your children are adults, and you’re starting to create your estate plan, it’s wise to have a conversation with them about your finances. Before you dive into these discussions, it can be helpful to know what information your adult children need, the best ways to bring up your estate plan with them, and how to involve them in your ongoing planning process without giving up your financial privacy and independence.

You deserve to live a lifestyle that brings you joy - even if you outlive your partner. Creating an individual retirement plan is one way to safeguard yourself against financial scarcity during your years as a retiree, and help to prepare you for the possibility of facing retirement without your life partner by your side.