11/19/12 – Parents and Adult Children Not in Sync as Many Families Still Struggle with Financial Conversations

Fidelity Investments today released the results of its first-ever Intra-Family Generational Finance Study, which shows adult children and their parents struggle to communicate on key financial topics that include retirement planning, providing care for elderly parents and inheritance strategies. The study analyzed levels of disagreement and miscommunication between parents and their adult children on a range of sensitive topics, and found that adult children are not only anxious about their own finances, but also their parents’ future health, retirement security and estate plan.

Read the full article at Fidelity.com.