Are you going to be a full-time babysitter in your retirement?

People have told me that one of their fears about retirement is that their adult children will expect them to care for the grandchildren on a day-to-day basis or to change their plans at a moment’s notice.

If this is a concern for you, then you need to think about whether or not this is something you want to do.

Once you are clear on what it is you want and are willing to do, have a conversation with your adult children around expectations and boundaries.

This may be an uncomfortable conversation for you to have. However, doing something you really don’t want to do has a cost on you and your relationship with your adult children.

Be honest with yourself and your adult children even if it means disappointing them. At the very least they will know where you stand.