Parents

Showing 50 results of 75

How to Support Your Parents Without Derailing Your Finances

Feb 19 2025

Putting your aging parents' financial house in order can give you a clearer picture of where they need support and how to balance that with your own plans....

kiplinger.com

The Benefits of Sharing a Joint Bank Account With Your Parents

Feb 17 2025

Opening a joint account provides a way to monitor an older person’s finances....

kiplinger.com

Raising Kids Does Not Need To Be Expensive: 19 Money Mistakes Parents Should Avoid 

Feb 15 2025

People love to say that raising kids costs a fortune. That’s only true if you decide to make it true. The real problem isn’t diapers or school supplies, it’s oversized houses, expens...

dadisfire.com

15 Myths About 529 Plans That Stop Parents (and Grandparents) From Using Them Right

Feb 13 2025

529 plans are way more flexible than people realize, and if you know the rules, there are smart ways to use those funds without getting hit with penalties. Considering that as of June 2024, there were...

dadisfire.com

Financial Squeeze: The Sandwich Generation Caring For Aging Parents

Feb 06 2025

The sandwich generation experiences stress, burnout, and financial insecurity. Learn tactics to better cope with the burden of caring for aging parents....

forbes.com

Gen X strikes a balance between retirement and caring for aging parents

Feb 04 2025

Caring for parents and children can be a balance. But with a positive, proactive approach, navigating these requirements while planning for a secure retirement doesn’t have to be a high-wire act...

empower.com

Five Reasons Not to Give Your Child Power of Attorney

Feb 03 2025

When drawing up powers of attorney, older parents will most likely name adult children as their representatives. But is that always the smart choice?...

kiplinger.com

Don’t Miss This Social Security Benefit for Older Parents

Jan 29 2025

If you had children later in life, they might be entitled to Social Security benefits when you retire....

money.usnews.com

How Adult Children Can Help Aging Parents Prepare For Disasters

Jan 16 2025

Tragically, some elders who were mobility challenged or who had no transportation to allow them to escape, lost their lives in those fires....

forbes.com

Four Financial Steps That Can Help the Sandwich Generation Cope

Jan 02 2025

People who are caring for kids and aging parents at the same time can take a hit mentally and financially, so make sure you're tapping into all available help....

kiplinger.com

How To Handle Manipulative Aging Parents: Guilt, Money, And Power

Dec 20 2024

Aging parents can use threats, money and power plays to manipulate adult children. Recognize what this behavior means and what choices you can make to handle it....

forbes.com

Caring For Aging Parents With Alzheimer’s Disease? How AI Can Help

Dec 11 2024

AI is becoming more prevalent in healthcare. A new tool for helping families with a member who has dementia is now available from the Alzheimer's Foundation of America....

forbes.com

3 Steps To Take Now If Your Parents' Retirement Plan Is You

Dec 09 2024

If you’re feeling overwhelmed by the expectation of taking care of your parents in their retirement, Bernadette Joy, author of Crush Your Money Goals, offers three steps you can take to help les...

forbes.com

Do you have parents who are still living? How does it impact your retirement?

Dec 08 2024

Our parent could no longer safely live independently and then could no longer live with us as they need a 24-hour supervision. This parent was wonderful to us so we had no issue with them living with ...

reddit.com

When Aging Parents Refuse To Move: How To Overcome Resistance

Dec 05 2024

The adult children put a lot of effort into finding a seniors' home for Mom. She got there and suddenly refused to enter. Learn about your options if this happens to you....

forbes.com

Warn Aging Parents Now About Online Phishing Scams

Dec 02 2024

Holiday season is scammers’ season too. Warn your aging parents about online phishing scams and how to spot the red flags of a scam. Awareness can stop these thefts....

forbes.com

Should Siblings Take Out Life Insurance on Parents Before Inheriting $10M? - 487

Nov 30 2024

Should Terry and his siblings take out a whole life insurance policy on their parents before they inherit their folks’ $10 million worth of farm land? Is Terry on track for retirement? That&rsqu...

purefinancial.com

Thanksgiving Table Talk: 7 Family Conversations About Aging Parents (And How To Start Them)

Nov 29 2024

After Thanksgiving, it’s often time to talk about aging parents’ needs. Here are 7 questions adult children should discuss to ensure family caregiving plans are in place....

forbes.com

Sandwich Generation: Are You Prepared To Care For Your Parents?

Nov 27 2024

As we age, our parents may need more help and care. Are you prepared to be part of the sandwich generation, caring for your own children and your parents?...

forbes.com

Setting Boundaries With Aging Parents: Care Without Losing Yourself

Nov 27 2024

Some parents can be very demanding. This is hugely stressful for adult children. Learn to set boundaries so you protect your own mental and physical health....

forbes.com

Aging Parents & Finances: A Financial Talk Every Family Should Have

Nov 23 2024

As our parents age, it’s natural to start worrying about their financial well-being. But how do you approach a conversation about money with the very people who raised you? We get it. It’s...

401kmaneuver.com

How To Have Difficult Conversations With Stubborn Aging Parents

Nov 21 2024

Maybe you’ve been meaning to talk with them for future planning. Resistance gets in the way. Consider these tips to get the difficult conversation going....

forbes.com

Here's How To Discuss Money Effectively With Your Parents

Nov 14 2024

Meet Ari Taublieb ? If you didn’t already know, Ari and I work together at Root Financial, and we thought it was finally time to launch a podcast series together. In our very first episode, we d...

buzzsprout.com

Retirement with kids still in school, older parents.

Nov 13 2024

Curious if anyone who retired or thinking of it with kids still in school? We are older parents (59, 53) with middle school child. We both plan to retire from full time careers to opportunities of par...

reddit.com

Siblings, Step-Siblings And Difficulties With Aging Parents

Nov 02 2024

Blended families with step-siblings can face challenges when a step parent becomes impaired and needs help. Success requires cooperation with all in the blended family....

forbes.com

Financial Fraud Targeting Aging Parents Is Organized Crime

Sep 30 2024

Multi-national organized networks of criminals know how to get to vulnerable people. Learn how to stop them....

forbes.com

Gen X: We Need to Talk About Your Retirement

Sep 29 2024

Juggling kids, aging parents and work? No wonder you don't want to talk about your own retirement. But there are four key areas you should be discussing now....

kiplinger.com

Subconsciously doing thing my parents and grandparents did.

Aug 31 2024

When I was young my mum had the radio on all day at home, as did my grandma. It was a childhood memory I never really thought about. I never paid it attention until my daughter came by and said why do...

reddit.com

No One Wants To Be Told No

Aug 19 2024

No one wants to be told no. Of course that’s true. But parents forget it. Little kids spend the first few decades constantly told no. Why? It’s easy for parents to say no. We have a rule i...

dadisfire.com

Vulnerable Aging Parents And Greedy Offspring: Be On The Lookout

Aug 19 2024

It is not a rare thing that as wealthy aging parents decline, some relatives seem to come out of the woodwork....

forbes.com

10 Most Expensive U.S. Retirement Communities

Aug 09 2024

Sixty-seven percent of parents expect to pay at least some of their children's higher…...

401kspecialistmag.com

Parents Prioritize College Savings Despite Shortfall

Aug 09 2024

Sixty-seven percent of parents expect to pay at least some of their children's higher…...

401kspecialistmag.com

Financial (and life) management without close relatives

Jul 26 2024

My wife and I are in our mid-60's and retired. We (supposedly ;-) have enough money to last us through our lifespans, We do not have any children or close younger relatives and we both have parents wh...

reddit.com

Will You Make The Same Mistakes About Aging That Your Parents Did?

Jun 26 2024

Aging well is not simply a matter of luck. We do have solid research that tells us how we can make our last decades better and healthier. That takes work....

forbes.com

How to have inheritance talk with parents/children

Jun 15 2024

Honestly I wasn't sure of the best place to ask such a thing, but logic brought me here because the demographic of retiree is the one who has the wisdom to answer this question. Maybe you've been thro...

reddit.com

Why Aging Parents With Memory Loss Must Stop Managing Money

Jun 13 2024

New research confirms earlier studies showing that financial decision-making capacity declines first before cognitive impairment is obvious. Take protective steps early!...

forbes.com

Four Things You Need to Know About Your Aging Parents

Jun 07 2024

When it comes to estate planning for your aging parents, knowledge about their wishes and finances is power....

kiplinger.com

Are Your Aging Parents Taking Sedatives? Know The Dangers

Jun 07 2024

A geriatrician warns against aging loved ones taking commonly prescribed sedatives. Authorities in geriatrics say elders should avoid them....

forbes.com

My Parents’ Retirement: A Look At Their Financial Journey

May 31 2024

In a poignant reflection, Ken Cutler of HumbleDollar paints a vivid picture of his parents’ financial journey – a story ... Read more...

physicianonfire.com

Broke, Unemployed, and Living With My Parents

May 31 2024

I moved in with my parents when I was 27. The football wallpaper in my bedroom was gone, and the bed was bigger. But it was still the room I slept in for the first 18 years of my life. While most of m...

retirebeforedad.com

Mental Health Awareness And Dilemmas With Aging Parents

May 23 2024

There is a nationwide effort to remove the long standing stigma of mental health issues. Families can do much to protect elders with depression and other issues....

forbes.com

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