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Reply to "What is a good way to help support an elderly parent financially?"
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[quote=Anonymous][quote=Anonymous]If he's healthy enough to be jetting around the world on first class flights, he's healthy enough to get a job. I wouldn't send a dime, personally.[/quote] +1 the parent is being manipulative and abusive. You and your DW should not respond to that. You don’t owe the parent anything. If the parent has medical bills or something critical, I might help, but I would also look into getting the parent on state assistance. You need to think about your own family and your own retirement. My parent made a lot of bad financial decisions and squandered a 7 figure retirement fund on affairs and travel. He would have been homeless but for me getting him on government assistance. He will not go hungry, will not be homeless, and has medical care. I was not going to give a dime to help him out. I volunteered my time to get him the services he needed and visit often and take him to appointments. I’m not doing more.[/quote]
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