If you go on vacation with your elderly parents, who pays?

[Anonymous]

We pay.

[Anonymous]

My parents pay because they have a lot more money than us. We pay for my in-laws because they struggle financially.

[Anonymous]

Anonymous wrote:Do they pay, do you split it, do you pay?

What’s elderly?

Anyhow, they pay for lodging to get all the families together at same time.

We all split the food or meals out with 3 credit cards. Outings paid for by sub family for themselves unless a small treat by one.

[Anonymous]

They pay, we have 50+ years of paying for our kids’ lives, weddings, healthcare, college, our own retirement.

[Anonymous]

Pay it forward

[Anonymous]

Anonymous wrote:Like anything, you discuss this ahead of time before anything is booked. There are no different rules because someone is elderly or your parent, if that is what you’re asking about. If

This.

We all booked a dude ranch once and my spouse refused to make it clear to his side that they are paying their daily all inclusive rates. He said, of course they know, it’s on the website, etc
Lo and behold time for his parents and his adult brother to check out and….

[Anonymous]

It depends on the assets. Many seniors are paycheck to paycheck. Many young people are paycheck to paycheck.

[Anonymous]

We pay for everything flights, meals, activities, lodging. Usually 1-2 domestic, 1-2 international trips per year. They scrimped and saved without taking nice vacations themselves. They have several million for retirement but with potentially 20-30 years to go it can go quick. Thankfully, we have the means to treat our parents.

[Anonymous]

Once “elderly” there are no vacations.

That term is used for more unhealthy or physically / cognitively limited older people.

[Anonymous]

Anonymous wrote:We pay for everything flights, meals, activities, lodging. Usually 1-2 domestic, 1-2 international trips per year. They scrimped and saved without taking nice vacations themselves. They have several million for retirement but with potentially 20-30 years to go it can go quick. Thankfully, we have the means to treat our parents.

20-30 more years to go!?! Several millions in the bank.

That’s not elderly. wtf.

Elderly is like 80+, maybe 7O+ of obese and a smoker.

[Anonymous]

Split it.

The worst is when one set of grandparents try to never pay, the other set insists on paying. Both have millions.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We pay for everything flights, meals, activities, lodging. Usually 1-2 domestic, 1-2 international trips per year. They scrimped and saved without taking nice vacations themselves. They have several million for retirement but with potentially 20-30 years to go it can go quick. Thankfully, we have the means to treat our parents.

20-30 more years to go!?! Several millions in the bank.

That’s not elderly. wtf.

Elderly is like 80+, maybe 7O+ of obese and a smoker.

They're in their early 70s with excellent health and parents themselves who made it to late 90s

Our HHI and net worth is a lot more in comparison and they help with childcare in the summers when school is off so we don't ask. Culturally, it is also "expected" especially if you are doing better financially than your parents.

[Anonymous]

Anonymous wrote:boomers pay they are all wealthy, they can gift up to 39k a year (19k per each parent) and then 19k per each child, taking into account business class ticket, villas, food and activties that should close to cover a trip for a family of 4

Ah, DCUM, you never let me down. So reliable!

[Anonymous]

With one parent we split it. Thanks to that parent's second marriage we have kids close to the same age so it feels normal.

The other parent mostly just comes to our beach house. They pay for airfare and rental car, obviously we pay for everything else.

Money is not an issue for any of us.

[Anonymous]

They pay. My parents have less money than we do, but my dad won't let us pay for things if he can help it.