Anonymous wrote:Anonymous wrote:Anonymous wrote:Not fully, but I help my mother pay for food, energy when oil prices are high, upkeep on the house, etc. Not married, so no spouse involved. I do have siblings and they prefer to ignore the fact that our mother survives on minimal SS.
I do something very similar. My sibling lives closer to my mother and also provides financial and physical support. My mother is terrible at long term planning and is completely clueless regarding finances. It sounds terrible, but I get very resentful when she needs support after watching her squander resources over her lifetime, never have a long term plan and expect that she will be someone else's responsibility. It makes me feel like a bad daughter to be so frustrated with her.
The feelings you expressed is 99% my story. My parents never have much thought to their retirement accounts and even with 401k my mom borrowed from it before her account matured fully so there was a tax penalty she was unaware of until it was too late.
My sibling doesn't care and his wife acts like everything is fine on our end because her parents live with them and despite being illegal residents they refuse to return to their homeland.
As the youngest I have always held the responsibility of helping my parents ends meet but now that I'm on the verge of marriage this task is getting harder to do.
Anonymous wrote:No and I don't ever see it happening. If my parents had financial trouble I would rather them move in with me. My grandparents are very self sufficient too.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Not fully, but I help my mother pay for food, energy when oil prices are high, upkeep on the house, etc. Not married, so no spouse involved. I do have siblings and they prefer to ignore the fact that our mother survives on minimal SS.
I do something very similar. My sibling lives closer to my mother and also provides financial and physical support. My mother is terrible at long term planning and is completely clueless regarding finances. It sounds terrible, but I get very resentful when she needs support after watching her squander resources over her lifetime, never have a long term plan and expect that she will be someone else's responsibility. It makes me feel like a bad daughter to be so frustrated with her.
The feelings you expressed is 99% my story. My parents never have much thought to their retirement accounts and even with 401k my mom borrowed from it before her account matured fully so there was a tax penalty she was unaware of until it was too late.
My sibling doesn't care and his wife acts like everything is fine on our end because her parents live with them and despite being illegal residents they refuse to return to their homeland.
As the youngest I have always held the responsibility of helping my parents ends meet but now that I'm on the verge of marriage this task is getting harder to do.
Anonymous wrote:Anonymous wrote:Not fully, but I help my mother pay for food, energy when oil prices are high, upkeep on the house, etc. Not married, so no spouse involved. I do have siblings and they prefer to ignore the fact that our mother survives on minimal SS.
I do something very similar. My sibling lives closer to my mother and also provides financial and physical support. My mother is terrible at long term planning and is completely clueless regarding finances. It sounds terrible, but I get very resentful when she needs support after watching her squander resources over her lifetime, never have a long term plan and expect that she will be someone else's responsibility. It makes me feel like a bad daughter to be so frustrated with her.
Anonymous wrote:Not fully, but I help my mother pay for food, energy when oil prices are high, upkeep on the house, etc. Not married, so no spouse involved. I do have siblings and they prefer to ignore the fact that our mother survives on minimal SS.