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Reply to "Retirement Question - My Widowed, Immigrant Mother"
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[quote=Anonymous]I think you should focus on boosting your own earnings and/or savings so when the time comes, you'll have the financial means to help her. You don't say, but your mother may have her own strong ideas about what she wants to do and doesn't want to do after retirement, and they may be contrary to yours. Health issues may also crop up that can throw a monkey wrench into all the plans with housing. You won't necessarily need to have a whole lump sum available immediately at her retirement, but having the financial means to be able to pay for her her groceries every week or paying her utilities for her monthly may go a long way. [/quote]
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