Parents
Showing 34 results of 34
11 Tips for Talking to Your Aging Parents About Their Finances and Future Care
May 02 2024
Such a sensitive subject requires a careful approach....
kiplinger.com
How Chronic Diseases In Aging Parents Affect Adult Children
Apr 30 2024
Boomers may not be as healthy as their parents were at the same age. This points to the need for long term care. The burden can fall on family to give that care....
forbes.com
What Does It Take To Maintain Aging Parents’ Independence?
Apr 23 2024
Aging takes its toll, and can threaten independence. Help can become an essential tool to allow elders to remain at home. This is a real-life example for one elder....
forbes.com
The Story That’s Sold
Apr 04 2024
Let me tell you a story about two of my friends, Adam and Benjamin (not their real names). Adam grew up under some difficult circumstances. His parents filed for bankruptcy when he was just five years...
ofdollarsanddata.com
Nightmare: Mentally Ill Family Member Terrorizing Aging Parents
Apr 04 2024
A mentally ill family member can wreak havoc with aging parents. Families are often reluctant to take legal action to protect vulnerable elders....
forbes.com
When Flying Toward Retirement, Secure Your Own Mask First
Mar 24 2024
Parents often feel compelled to help their kids pay for college, but when that could result in you moving in with them later, you should put your savings first....
kiplinger.com
?? Retirement: What It Means for Parents of Disabled Kids (AARP Article)
Mar 08 2024
THANK YOU AARP FOR DOING THIS ARTICLE AND HATS OFF TO THESE PARENTS ??? For hundreds of thousands of retirees, focus on caring for kids ‘is just life’. By Jon Marcus, AARP. Published March...
community.aarp.org
The Struggle to Financially Support Parents
Mar 04 2024
Today, we are answering your questions from email and social media. We discuss what happens inside a 401(k) or 403(b) if you change your type of contribution, how to know if you have a good CPA, what ...
whitecoatinvestor.com
Fertility Benefits in Tech: Double Lines
Feb 28 2024
Want to know which FAANG benefit I am personally most grateful for? Is it the 1 month recharge? The 50% match on your entire 401k contribution? The 16 weeks of paid parental leave (for both parents!)?...
andrenader.substack.com
What If You’re POA, But Aging Parents Resist You Doing The Job?
Feb 27 2024
Estate planning includes appointing a power of attorney for finances. But when POA action is needed, some aging parents resist. Know your options if it happens to you....
forbes.com
What Financial Advisors Should Know About You And Aging Parents
Feb 20 2024
Financial advisors who help us manage wealth may not be fully informed about financial elder abuse. They need to know how to spot the red flags. Our checklist can assist....
forbes.com
Favorite Gifts for Senior Citizens and People of All Ages
Feb 14 2024
When I was a young woman, and my parents and grandparents were still alive, I could never figure out what to give them for holidays and special occasions. "Not another sweater," they would say to me. ...
baby-boomer-retirement.com
Looking For Romance? Help Aging Parents Avoid Thieves
Feb 14 2024
Valentines Day brings up the subject of romance for those who are alone. When aging parents seek companionship online, risks of scams are there. You can help....
forbes.com
Transition - how many weeks? The Gift of the Magi
Feb 07 2024
Life of the Newly Retired – I may be turning into fodder for the Progressive commercial about your parents. I was “retired” by virtue of a RIF at the beginning of this year, so while...
reddit.com
What Is The New 529 Rule In 2024?
Feb 02 2024
Parents can now convert their child’s favorite college savings tool into a retirement savings tool. The question many people are asking is “How do you do it?”...
forbes.com
Desperate For Pain Relief: Why Aging Parents Fall For Fraud
Jan 26 2024
Chronic debilitating pain can make aging parents fall for fake treatments and false promises of relief. Learn from this example of how an aging parent got tricked....
forbes.com
How To Deal With Aging Parents Who Refuse Help With Finances
Jan 19 2024
Trying to get financial control over an impaired aging parent's finances can be highly frustrating. Learn what to do as an appointed agent with power of attorney....
forbes.com
Millennials Could Soon See Their Parents Become Their Biggest Expense – and American Families are Woefully Unprepared
Jan 12 2024
Most millennials and Gen Xers have little idea of what’s going to happen when their parents hit retirement age. That’s about to become an increasingly real problem, particularly for those ...
wiserwomen.org
What Can You Do About Aging Parents’ Depression?
Jan 11 2024
Loneliness, social isolation, anxiety and depression are widespread among aging parents. Family can help. Learn steps to take with aging loved ones....
forbes.com
Investing suggestions for elderly parents
Jan 04 2024
My wife and I manage the finances for her mother/father. They are 92 and in declining health. We're spending about $13,500 / month (minus $5K LTC insurance) on assisted living and memory care. Money, ...
reddit.com
Financial Challenges of Retired Parents of the Disabled
Dec 21 2023
Retired parents who have a child with a disability say the income they and their children receive from Social Security is critical to their survival. Yet, for some, it still falls short of what they n...
crr.bc.edu
The Silent Crisis: Americans’ Reluctance to Discuss Aging Parents’ Finances
Dec 18 2023
There are few things more taboo than talking about money and death. But, if you are a parent approaching retirement, it is imperative to have the aging parent money talk with your adult children. Unfo...
401kmaneuver.com
Warn Aging Parents Now About Fake Package Shipping Scams
Dec 14 2023
It’s that time of year when online shopping increases as families buy their holiday gifts online. Fake shipping message are a way to steal personal information....
forbes.com
People already retired: how does your retirement compare with your parents’ or grandparents’?
Dec 08 2023
I’m just getting started with retirement at 67, but it’s pretty low key. Working a part time job for fun, something not very taxing and that gets me out of the house. Other than that, it&r...
reddit.com
The One Thing That Determines Financial Success or Failure
Nov 20 2023
I spent the first decade of my adult life wandering through the wilderness when it came to personal finance. Then I got a wake up call. We were going to be parents. This sent me down a rabbit hole whe...
caniretireyet.com
A Flattening Yield Curve: What Does It Mean?
Oct 10 2023
You know, prior to having a kid, I never understood parents’ burning desire to get out of the house and have adult conversations. But now that I have one, I totally get it. Your entire day just ...
millennial-revolution.com
Should Parents Cut Digital Apron Strings With Their Kids?
Mar 27 2023
Tech makes it easy to keep in touch but it may not be good for them — or you...
aarp.org
How retired parents can use the FHSA to help their adult children
Mar 23 2023
If you’re a retiree or close to retiring, you probably have a paid-off principal residence, or should be close to having one. However, many retirees—including me—have grown children ...
moneysense.ca
Are Ageist Stereotypes Affecting Your View Of Your Aging Parents?
Mar 21 2023
Stereotypes about aging parents can cause us to assume that they can't make any good decisions. Some impaired elders can still express preferences well and they need to be heard. Families may not alwa...
forbes.com
best investment
Mar 11 2023
I have made an informal study of my widowed mother in law (funeral was yesterday - she was 93) and my own parents (dad and mom/ 88 - dad died last October) and compare their retirement years for my ow...
reddit.com
Longevity Report Card
Feb 18 2023
How long we live, and how healthy we are, depends partly on the lottery of birth -- how healthy our parents were and how long they lived. We're winners if we drew the longevity card from our parents, ...
sightingsat60.blogspot.com
12 College Financial Planning Tips for Parents
Feb 13 2023
Paying for college is expensive, which is why college financial planning should really begin as soon as each child is born. But, let’s be honest. Sometimes life gets in the way, and, before you ...
401kmaneuver.com
Caring for Aging Parents Takes Planning Ahead and Patience
Feb 07 2023
Having legal documents in order and planning for the cost of care will help make an already difficult time a little bit easier to handle....
kiplinger.com
The Gift of Time
Dec 13 2022
When I was six years old my parents declared bankruptcy. Within a year they were divorced. They met while working at McDonald's as teenagers. He was a cook and she worked the drive-thru. Neither of th...
ofdollarsanddata.com
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