Today we welcome special guest Laura Tamblyn-Watts, CEO of CanAge and Author of “Let’s Talk about Aging Parents: A Real-Life Guide to Solving Problems with 27 Essential Conversations” . Laura tackles the topic of an aging population, how it could impact the financial advisor community and discusses other aging and generational trends and issues. Twenty years from now, about 1 in 4 Canadians will be 65 years or older. Canadians are living longer, and the sandwich generation is very prevalent these days where people are taking care of their parents, grandparents while also caring for their own kids. Laura notes the importance of having those crucial conversations with your aging loved ones about their finances, living situations and any medical issues. Financial advisors can help their aging clientele by preparing the family with any “what if” scenarios, possibly financial scams, establishing executors and helping prevent family arguments before they begin.

Recorded on May 14, 2024.

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