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Ready For Retirement

Here's How To Discuss Money Effectively With Your Parents

Ready For Retirement

James Conole, CFP®

Investment Planning, Bonds, Education, Stocks, Cash, Business, Dividend Investing, Retirement Planning, Retirement, Investing, Tax Planning

5706 Ratings

🗓️ 14 November 2024

⏱️ 20 minutes

🧾️ Download transcript

Summary

Meet Ari Taublieb 👋 If you didn’t already know, Ari and I work together at Root Financial, and we thought it was finally time to launch a podcast series together. In our very first episode, we dive into a topic that many people shy away from: talking to your parents about money. Whether it’s discussing their estate plans, long-term care, or the tough conversations around wealth, these talks can feel awkward—but they’re absolutely essential. In this episode, we break down: ▪️ Our personal st...

Transcript

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0:00.0

Hey, Ari, how you doing?

0:01.4

I'm doing awesome, James.

0:02.5

Happy to be here.

0:04.1

This has been a long time coming.

0:06.4

Maybe four years, to be exact.

0:08.8

Yeah.

0:10.0

Now that we think about it, I think it's actually been exactly four years and I guess

0:13.4

this is a new segment, a new show, starting off in a way where people are probably

0:18.0

thinking, what on earth are you talking about?

0:19.9

You've had a podcast, Ari. I've had a podcast. We both have YouTube channels. A lot of people come to us

0:24.5

and they say, hey, I follow James or I follow Ari. I had no idea the two of you actually work together,

0:30.5

are the same thing, our root financial. And we are for people who don't know. And we figured, why not start doing a joint show as opposed to, yes, we both have our individual channels. Ari has the early retirement show. James has the ready for retirement show. We're also going to do this. We know of a name. I don't know if you have something creative already that you want to come up on the fly. But we want to prioritize getting more stuff out to more people because a lot of the stuff we've done has has resonated with with some really great people

0:57.2

I don't have a great name yet. I'll think of one and if it comes up during the show I might just interrupt and go James, this is the name. But as of now, I don't have anything yet. I'm just happy to do this. Yeah, me too. And if you have a name for us, leave it in the comments. Aria goes on live on YouTube quite a bit. So this is going to live on, quote, unquote, my YouTube

1:16.3

channel for right now. So there's the James Canola channel. There's the Ari Taublieb channel.

1:20.6

We both have the own podcast. We're going to distribute this to each other's podcast.

1:24.3

Like we're just going to, same thing. We'll be on Ari's podcast. We'll be on James's podcast. This will also live on this channel. So if you are listening to this and have

1:31.4

not subscribed to Ari's stuff, make sure you do so. We'll include a link in the show notes,

1:35.2

but it's Ari's name, Ari Taubli. And let's jump in because we do work together.. It's been four plus years now, which has been awesome. And we do a lot of

1:44.5

great work for a lot of great clients. And the goal of this is just to say, how can we pull common

1:48.7

conversations or themes or topics or challenges and help people who are going through similar

1:54.4

things make better decisions with their money? So where do you want to start on this first episode of our joint show to get? First episode. So we're

2:03.8

going to start with a big one. And the big one that I want to start with was left from a comment.

...

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