Concrete steps for streamlining your parents' day-to-day financial management, tuning up their portfolio plan, and covering key estate considerations.
Jason Stipp: I'm Jason Stipp for Morningstar. We know many of our Morningstar.com readers are busy managing their own retirements, but we also know a good portion are also helping their parents in their retirement plans. Here to offer some pointers for that is Morningstar's Christine Benz, our director of personal finance.
Christine, thanks for joining me.
Christine Benz: Jason, great to be here.
Stipp: You have some specific tips for helping parents in retirement and their plans, but first you also had some general thoughts on this, which can be a delicate balance. But you say the first thing is that to help somebody else with their plan you want to make sure that your plan is in order.