What will you be talking about over Thanksgiving dinner this year? Our suggestion: financial longevity. Talking about money is normally a dicey proposition at family gatherings. But in this polarizing political year, raising the issue of finances could actually be a refreshingly neutral change of subject. While family and friends are assembled, you have the rare opportunity to explore an often-overlooked facet of life – namely, how money has shaped family history, and how it is shaping people’s lives now:
- What is your family’s financial story? What were the major financial events that shaped your family’s fortunes? How has your story changed in recent years?
- Do the people who are ages 50+ feel prepared for the financial challenges they face now? What do they wish for? What do they fear?
- How are the family elders faring? Do they worry about managing their money as they age – or about losing control over it?
- How are you creating a legacy, both in terms of knowledge and actual wealth?
- What would people like help with in relationship to managing money, achieving life goals, and aging with grace and dignity? Could innovation help solve these problems?