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Reply to "Parents out of money at 75"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]WTF is wrong with people? You give the money and leave it alone. SS sounds like it's enough for them. They can also receive Meals on Wheels deliveries.[/quote] You don't give money. You pay the bills. [/quote] This is what we do for FL. We bought a house that he lives in (fly over country, so it was not a significant outlay), we've covered some uninsured medical expenses, and we've paid some other bills directly. I get annoyed when I see that he spends his small retirement on booze and golf, so he's not really doing his part, but for now, the help we provide is manageable, so I try not to dwell on it. DH has some siblings who've asked for help, and he can't say now, so we have ended up with separate brokerage accounts as a compromise. My parents also don't give us cash gifts at my insistence (I asked them if they want to give money away, put it in 529 plans for the kids, pay for vacations, give me gifts instead of cash, or work with their estate planner to put it in a trust for me, and then our kids). [/quote]
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