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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?...
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....
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...
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....
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...
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...
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....
Multi-national organized networks of criminals know how to get to vulnerable people. Learn how to stop them....
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....
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...
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...
It is not a rare thing that as wealthy aging parents decline, some relatives seem to come out of the woodwork....
Sixty-seven percent of parents expect to pay at least some of their children's higher…...
Sixty-seven percent of parents expect to pay at least some of their children's higher…...
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...
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....
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...
New research confirms earlier studies showing that financial decision-making capacity declines first before cognitive impairment is obvious. Take protective steps early!...
When it comes to estate planning for your aging parents, knowledge about their wishes and finances is power....
A geriatrician warns against aging loved ones taking commonly prescribed sedatives. Authorities in geriatrics say elders should avoid them....
In a poignant reflection, Ken Cutler of HumbleDollar paints a vivid picture of his parents’ financial journey – a story ... Read more...
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...
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....
Such a sensitive subject requires a careful approach....
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....
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....
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...
A mentally ill family member can wreak havoc with aging parents. Families are often reluctant to take legal action to protect vulnerable elders....
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....
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...
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 ...
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....
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....
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. ...
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....
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...
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?”...
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....
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....
Loneliness, social isolation, anxiety and depression are widespread among aging parents. Family can help. Learn steps to take with aging loved ones....
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, ...
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...
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...
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....
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...
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...
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 ...
Tech makes it easy to keep in touch but it may not be good for them — or you...
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 ...
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...