Opening up About Money – Easy or Not?
How comfortable are you talking about money? A recent survey by KBK Wealth Connection found that 44%* of Americans would rather discuss religion, death or politics with a loved one than the practical details of their finances.
Whether it is through embarrassment or fear of upsetting the applecart, such reticence can have profound consequences on future financial security and especially on retirement plans. This is why it is vital that you find a financial advisor who you feel comfortable talking to – if you can’t discuss money with your partner or children, at least you should be able to discuss it with a professional.