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Eldercare
Reply to "How do people who aren’t rich help their parents?"
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[quote=Anonymous]My father has made bad financial decisions his entire life and now that he is older and hasn’t taken good care of himself at all-he is now having some significant medical and financial problems. The problem is his social security payment puts him above the threshold for medicaid. So he has medicare but that’s it. I have 3 kids that I need to support and I simply don’t have extra to be taking care of a whole other person as well. I am constantly getting guilted into helping financially. I simply can’t without jeopardizing my own children’s future. How do I navigate this? Just simply say I can’t help? My Father has no savings and no assets. I am an only child and to clarify I’m not local, I live about 5 hours away. Also for some context-He wasn’t my main parent and we aren’t particularly close nor was he an involved father. Like financially he barely helped with anything. I’ve only seen him a couple times a year since I was young. [/quote]
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