Reply to Aging parents - what am I looking at financially?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I mean…it’s not your job. You help them by taking them to appointments sometimes if they can’t take themselves, helping them with food delivery etc…But worrying about how you are going to be financially responsible is not your responsibility. It was their job as adults to make sure all their finances were stable for this time in their life.

Your job is to be a supportive child for them-but that’s it. [/quote]

Wow. I’m sorry you hate your parents but most people don’t have this level of a dysfunctional relationship with theirs. [/quote]

Thank you. Exactly this. To be so "hands washed of them" is heartless. I'm not saying to bankrupt yourself. But I doubt you'll want this attitude towards you when you're 80+.[/quote]

How is helping them with appointments, food delivery etc…washing your hands of them?

I would hate for my kids to feel fully responsible for me when i’m old. I especially don’t want them having to spend their hard earned money if I made my own poor financial decisions.

Of course I think an adult child would want to support their parent in old age with visits, logistics, emotional support etc…But taking care of your parents financially is not the child’s job or is it a requirement to show love. [/quote]

OK, it's "not your job" but it is very common for older people to go off the rails financially - it could even happen to you - and what are you going to do if they end up bankrupt, shurg your shoulders say "it's not my job" and let them die in the gutter?[/quote]

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