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Eldercare
Reply to "Is there anything you can practically do about foolish spending?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What does “drawing down SS” mean?[/quote] NP, but I think they mean this relative's income has been social security for 10 years (which they started taking at 62, which is early and means a reduced benefit amount), and no job. So -- their income is fixed and probably not very high. [/quote] But it’s not an asset one can “draw down”.[/quote] Just stop. You know what OP meant. OP is looking for advice and she effectively communicated the problem. OP, I don’t know that you can do anything except to try to reason with them. People make bad decisions every day. Just don’t feel like you own their problems or offer to do anything beyond helping them figure out alternatives to another car (or whatever) - like a bus or an Uber. [/quote] Or, OP isn’t as financially astute as she claims to be, and probably should just MHOB.[/quote]
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