Insights & action steps from Dr. Joseph Coughlin of MIT AgeLab

As part of our commitment to extending financial wellness to all, Corebridge Financial is proud to collaborate with Dr. Joseph Coughlin to explore and better understand the challenges and opportunities associated with longevity.
Family conversations about the future-and reaching a consensus around the important later life questions of who, what, when, where and how-are a vital part of longevity planning. If you’re not talking about key topics in advance, such as housing or care preferences for you, your parent or parents in late retirement, it can have serious implications for your family relationships and potentially profound financial consequences.
It’s also imperative to have early and open future planning conversations with a spouse or partner around key topics such as planned retirement dates, how and where you envision living in retirement, and what one spouse or partner would do if the other were to pass away.
Family conversations have their own dynamic. Few family discussions are one-way; they crisscross the generations. In fact, they can be described as conversations that are up; that is, questions that adult children may have for their aging parents. Conversations are also down; that is, topics that reflect the concerns that aging parents would like to discuss with their adult children. And finally, conversations may be across; that is, discussions that are between a couple-or even between adult children regarding matters related to their aging parents.
Often these key conversations are not had, even between couples or siblings, until a dire event, such as a critical illness or death occurs, and it’s too late. Taking action on these conversations sooner, rather than later, is essential.
Take action today for your family and your future by accessing the complete “Up, down & across” family longevity planning conversations guide: www.corebridge...
About Corebridge Financial: Corebridge Financial, Inc. (NYSE: CRBG) makes it possible for more people to take action in their financial lives. Corebridge Financial is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures.

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