Who is Your Alpha Child?
The Allianz Life Insurance Company conducted a study they defined as “The American Legacies Study”. They gathered information by conducting over 2000 interviews with Baby Boomers and their parents. One of the findings their study revealed was the existence of the “Alpha Child.” This is the child that keeps the family connected, who is always the first to make sure that family gatherings occur on a consistent basis, and communicates often with his siblings and parents.
Take a look at your relationship with your own siblings. Who is the Alpha Child in your family? It may be you. Examine your relationship with your parents. If the above listed characteristics describe you, then it is most likely that you are that person. But don’t let your ego get in the way. Be objective in your evaluation of your relationship with your parents and your siblings’ relationship with them. If you are married, discuss it with your spouse and ask for his or her feedback.
It is valuable for you to identify who your Alpha Child is. Who is the child your other children respect? Who is the child that you ask for feedback? Who is the child that acts as a leader in the family?
Once you have identified your Alpha Child its important to have a conversation with him or her, preferably face to face. Share with her what your plans are and the preparations you have made for your retirement years. Discuss your long term care planning. What happens if you or your spouse need care? Will you stay in your home? Will you move? Who will take care of you?
Share your end of life planning with her. I suggest strongly that you fill out “The Five Wishes” available from www.agingwithdignity.org before you do that. It is an extremely valuable tool to clarify your end of life wishes. I call it a living will with soul.
Ask your Alpha Child if he or she will help you organize a family meeting to discuss all of your retirement plans and concerns with the whole family. This meeting will have a life changing impact on your relationship with your children. It is most likely that you have never discussed these issues with your family before.
If you’d like tips on how to have a successful family meeting, look below this post and get your free copy of my guide on family meetings.
PERMISSION TO REPRINT:
Financial Advisors may reprint any articles from The Gift of Communication Blog in your own print or electronic newsletter. But please include the following paragraph:
Reprinted from Bob Mauterstock’s The Gift of Communication Blog. Subscribe at http://www.GiftofCommunication.com and receive Bob’s Family Meeting Checklist Guide.