That’s funny you ask that. About a month ago, we brought a grandnephew of ours in to help us go over our finances. He has an MBA from the University of Georgia and understands stocks and investments much better than we do.
- Jerry A., 74, Atlanta, Ga.
Yes. We have gotten to the point where we don’t feel comfortable making big money decisions the last few years. Since that time we have brought in our three daughters and have let them come in and help us decide what to do with our money.
- Manny T., 76, Dallas, Texas
Not at this time, though down the road it might not be a bad idea. For now, I’m still working, though my wife has retired. We work with an advisor, and have worked with him for years and years, and have a good rapport.
- Bill B., 62, Denver, Colo.
No. Nothing formal, but we have discussed it. Our kids have a good idea of our general assets. We give them tax gifts every year at Christmas time. Also, we all own a vacation home together on South Padre Island.
- Don J., 68, Kansas City, Kan.