Showing 50 results of 173
Five stats show how you need to rethink retirement, because "the future ain’t what it used to be."
As a FIRE parents raising two children in San Francisco, we rely heavily on our investments to remain free. If we significantly misjudge returns, we increase the probability of having to go back to wo...
Millions of people over 65 care for grandkids, adult kids or aging parents and will also need care themselves. Building a caregiving strategy is crucial.
If you are worried about older family members or friends whose financial judgment is raising red flags, help is out there — from an elder law attorney.
I’m back in Honolulu for the winter holidays, visiting my parents, and I’ve been looking forward to this trip for months. Especially after spending about $41,000 remodeling and furnishing a neglected ...
This week’s mixtape: quiet side hustles, aging parents, midlife pivots, newsletters, and boring income that works (oh and a Christopher Cross Cover)
Thanksgiving can be great or sometimes conflicts arise. Consider a few tips to help you keep it more peaceful.
Author Beth Pinsker shares her experience overcoming the challenges of financial caregiving based on her book “My Mother’s Money.”
The Wayback Machine It all started about 40 years ago. I was a boy who enjoyed fart humor, pizza, LEGO and rockets. Except for my age, nothing has changed. My parents were fans of Frank Lloyd Wright (...
Caring for a child or parent can mean a drop in income and a lower tax bracket. Why not take advantage by moving money into a Roth account? Here's how it works....
Today we answer a question from Cathy about helping aging parents in California navigate care costs, preserve limited resources, and explore options like pro bono legal support. Although this show doe...
Fear of facing the fact that we all die may be the reason why people hire an attorney to do their estate plan documents but then fail to sign them. It can create a mess....
Some parents were abusive to their kids growing up. There is estrangement. But do adult children help when that aging parent is in dire need? Some do, and some do not....
The one that comes to mind for me is conserving energy. I was a teenager during the "energy crisis" in the 70s and my mom harped on us to turn lights off whenever we left a room. Still do it today, mu...
We may never think we need a legal document to help an adult child in an emergency. But in this real case, parents did not have what they needed. A nightmare resulted....
Early conversations, financial planning and understanding the progression of care needs can help to mitigate stress and protect family relationships....
Your retirement probably won't look like your parents' retirement, thanks in part to rising costs . Here are some ways to assess your finances to get yourself into a better financial position....
Hey everyone! I just had a very unproductive week. Mrs. RB40 went off to California to visit her parents for a month. This seemed to have kicked off a spiral ... Read more The post Surviving A Very Un...
Adult children can help their elders become aware of balance training to prevent falls. Here are some steps that anyone can encourage aging parents to do....
My parents always had time for everything. I never have time for anything. How do I wrap my head around being OK with outsourcing my chores? The post My Internal Struggle for Outsourcing the Chores I ...
Here’s how to support your parents and your adult children without sacrificing your retirement....
As the school year creeps closer, most parents are laser-focused on notebooks, backpacks, and new shoes. But there’s another major expense waiting just around the corner – and it’s o...
Abusive aging parents set themselves up for disaster as they age. What would you do if your difficult aging parent needed help you didn't feel like giving?...
When aging parents need help, the last thing they want to see is their kids fighting over it and the costs. Use experts to conduct family meetings to reduce conflict....
As college costs rise, parents are resorting to increasingly costly means to pay for their children's educations. Financial advisors say the loss in retirement savings is rarely recovered....
Parents are devoting more time, resources, and money than ever to their children’s sports, spending over $1,000 annually on average per child for the primary activity alone....
If your parents are aging, it's time to have a talk about their finances and future plans. The sooner you do it, the better it's likely to go. The post Financial Considerations When Taking Care of You...
We may think it won't happen to us or our aging parents, but it can. Learn from recent emergencies across the US. Bring up 5 questions for safety of aging loved ones....
For a long time, the American Dream meant something simple: buy a home, raise a family, earn more than your parents did, and maybe retire before your knees give out. That story used to be believable, ...
Answering reader questions about finances and family members, including what to do when you are supporting your parents financially, how the gift tax works when your parents are giving you an early in...
If you are a parent, your mission is clear: develop into a rich Bank of Mom & Dad to save your children. If you don’t have wealthy parents yourself, then unfortunately, life might stay on ha...
A Medicare and Social Security checklist to help Baby Boomers caring for aging parents—or preparing for their own care—stay ahead of a health crisis....
You ever meet someone who just gets how money works, even at a young age? That’s not luck. That’s parenting. Wealthy parents don’t just hand over cash, they hand over mindset, habits...
Now that Little Matchstick is more than a year old, other parents and our family members have started asking, “are you putting him in daycare?” When it comes to raising kids, everyone and ...
59 to 68 million Americans are in the sandwich generation. Get 8 powerful tips for managing this stressful time of life. The post Resilient, Responsible, and Right in the Middle: A Mother’s Day ...
Today we answer a question from Cathy about helping aging parents in California navigate care costs, preserve limited resources, and explore options like pro bono legal support. Although this show doe...
Supporting adult children comes at a high cost. And an increasing number of parents are finding themselves doing just that. Here are some of the key findings of the 2025 Savings.com report: Half of pa...
Getting access to your parents' Medicare or Medicare Advantage accounts is easiest when they're healthy. But you still have options if they are incapacitated....
Here are some strategies that can help reduce the effort and stress involved....
Adult children with aging parents face fears about elders running out of money. They still have kids at home and they feel burdened....
With a likely recession and potentially stagflation on the horizon, I suspect many more families will join us as DUPs: Dual Unemployed Parents. Mass layoffs and company shutdowns will ripple through t...
In the old days our parents could just raid the office stationery cupboard on their way out the retirement door and keep themselves in staplers and notepads for life. Which tech tools from your workin...
What can you do when aging parents make choices that seem so risky? The independence dilemma: let it go or try to step in to keep them safe? Solutions can exist....
Tuesday, March 11 - Monday, March 17, 2025 Most Commented score comments title & link 137 240 comments What lessons did you learn from helping your own parents manage their stuff? Top Comments sco...
Multigenerational housing is being embraced by younger and older families seeking to address housing affordability, caregiving needs, and retirement security....
While visiting my parents in Honolulu this past winter, I ended up driving my dad's 28-year-old beater for eight days. He bought that Toyota Avalon new in 1997—back when I was a college sophomor...
My father did me the benefit of moving out of a big house and into a smaller condo when he turned 65, but that was only part of the picture. He was certainly not a hoarder, but he had So. Much. Stuff....
Feeling lonely isn’t good for anyone. Recent studies show the connection between loneliness in elders and dementia risk. Families need a strategy to mitigate this risk....
Tending to the needs of aging parents will exact a toll on anyone doing this job. Noticing the effects and taking protective steps can save you from breakdowns....
Unsafe aging parents who refuse to move or get help create a huge worry for their adult children. Strategy to address this is needed....