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Reply to "What is your plan to take care of elderly parents?"
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[quote=Anonymous]I worry about this. My parents lived paycheck to paycheck for many years, so I'm sure they don't have nearly enough in savings to get them through retirement. Especially if they begin to face major health issues (definitely possible with my Dad) and/or need longterm care. At least my mom is still working fulltime and probably will be able to keep working, maybe even through the next decade. Plus, my parents are currently dealing with the consequences of my Mom's parents' reluctance to prepare for longterm care needs. I'm hoping that experience prompts them to evaluate their own situation... My husband and I already know we will have to help support both my parents and several of his relatives (not his parents at least--they are set). It's just a question of when and what we will be able to afford now that we are about to have kids of our own.[/quote]
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