This Father's Day will be a little different than usual, as people try to keep away from aging family members. Many of us will celebrate via video chat, buy our father's brunch using a & # 39; meal delivery app and they will try to chat without going -for the topic of sports. Instead of chatting over time, it would be wise to take the opportunity to have a sincere chat with your father about money. The pandemic has had a huge impact on the economy and millions of Americans' financial situations have changed as a result, particularly those that are approaching retirement. Although you may feel uncomfortable talking to your dad about money, it has never been more important to check his finances with him and make sure he is ready for the future. six questions you should ask him this father's day. Is your pension plan still in shape? Sirtravelalot / ShutterstockMore The pandemic has made a dent in the pension funds of many Americans. If your father is ready to retire early or has already retired, we advise you to double check that his plan is still solid.If his retirement savings hit a hit when the market went down, we recommend talking to a financial advisor on how to get back on track. You can find financial planners online who can build a personalized retirement plan for your father based on his goals for the future. He will never need to visit an office or meet in person to get their advice. Even if your father is already retired, talking to a financial planner will ensure that he is maximizing his savings and making the right investments to support him. many years to come. 2. Have you taken steps to protect your income? Robert Kneschke / ShutterstockMore If your father is still working, ask him if he has taken measures to protect his income in the event of illness. Many companies offer short-term disability coverage as part of the benefits package, but your father may not be covered if an injury or illness persists. The most effective way to make sure your father can sustain himself in the face of a chronic condition is to suggest buying a disability insurance. Long-term disability insurance will replace a substantial portion of your earnings if something unexpected happens and you become too sick to work. Today, you can find companies online that make purchasing a surprisingly simple policy, providing a quote in minutes without a medical exam. The story continues 3. Are you keeping up with your bills? Federico Marsicano / ShutterstockMore Fighting the high interest of credit cards can be difficult at any age, and if your father is getting older the hassle of managing multiple deadlines and minimum payments it could be a lot to deal with If your father is finding it difficult to keep track all his bills, tell him to set up automatic payment on his accounts to make life easier. You can also search for online services that will track all of your father's bills for him, remind him of when his payments are due and tell him which cards to prioritize so that he saves money on interest. They can also consolidate their invoices so that they have only one regular payment to deal with each month. This is another burden from his shoulders. Do you have a life insurance policy? Monkey Business Images / ShutterstockMore This will be tough, but if the pandemic has taught us anything, it is that we must expect the unexpected. The best way to break a morbid argument is to be as direct as possible. Ask your father what type of coverage he has and if he feels confident that he will cover the cost of his family's needs when he is no longer around.If there have been major changes in his life since he signed up for his policy – new children or grandchildren, for example, may wish to update its coverage to make sure they are accounted for. Many Americans receive life insurance coverage through work, but if your dad is approaching his golden years, you may need to purchase a new policy once he retires. If he does, tell him not to worry; nowadays it is very easy to compare rates online and find a good deal. When was the last time you updated your will? Casper1774 Studio / Shutterstock Other As a life insurance, testament can be a sensitive topic with aging parents. Start by simply asking your father if he has a will. If not, gently encourage him to create one as soon as possible. Your dad may worry that the process is a nuisance, but reassure him that it is quick and painless. In fact, it can go online and create a legal will in a matter of minutes. If he already has a will, be sure to keep it up to date. As a general rule, you should update your will whenever there is a big change in your life, such as moving, remarrying or welcoming a new son or father-in-law into the family. Remind dad that updating his will is the easiest way to protect his legacy and make sure his assets are broken down according to his wishes. Where are your important documents? Paulaphoto / ShutterstockMore Once you've talked to your father about his will, it's a good idea to ask him where he keeps his important documents in case you need to access them in an emergency. These documents could include his will, information about his social security, his proxies and anything else related to his assets. You may also ask him to provide copies for you and any other important family member so that they can be easily accessed. The last thing your father would like is panic and confusion over his desires in the midst of a crisis.