Reply to Financially Dependent Grandparent- wwyd

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[quote=Anonymous]OP, here, just wanted to answer some of the questions.

I'm an only, but my mother has two brothers--a younger one, who is no better off than she is, and a more stable older one, who sometimes enables her by "lending" her money, but doesn't know what to do in the long term.

My parents divorced 20 years ago, not on good terms. My dad doesn't plan to claim his SS benefits until he turns 70 in 2025. My mom's own SS benefits at 62 would be very low, given her unemployment history.

She rents. She lost her house to foreclosure three years ago before the inheritance money came.

She has no true desire to change, because she is a doctor who fantasizes that, any day now, she will find another high paying job. But she has been fired from her last three jobs, and it took her four years to find the last one, which she held down for only four months. I've told her many times that she needs to plan for the worst and can't count on another job. But her denial is deep and powerful.

Thanks so much for all the advice! It really helps hearing fresh prespectives on this.[/quote]

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