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Reply to "Cheap and stingy parents"
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[quote=Anonymous]My brother and I kept urging my parents to spend more money on themselves or donate more. My mom died recently with $3M in Inherited stock in her name only, yet she was always trying to find deals at Ross and TJ Maxx. You just can't take that frugal attitude out of people. At least my dad made a $15,000 donation to the Naval Academy Alumni Association recently, but he still has several million in investments. He's 90, so the only major expenses he is going to have will be for assisted living or memory care. He also gets $6,500 a month in pension income, so that would cover a good portion of his long-term care needs. [/quote]
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