As an older generation, maybe you were taught never to discuss money with friends. Not to say you should start divulging all your personal financial information, but changing your mindset on this topic and being open to money discussions could provide much-needed education and help you better prepare for retirement.
Through general money discussions with other boomers, you could learn investment strategies, savings tips and other useful information. Maybe you weren’t aware of the benefits of delaying Social Security until age 70, or maybe you didn’t know about the spousal benefit. The more you talk about money, the easier it’ll be to avoid critical mistakes.
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