I feel like I've posted about this before.
What's it look like for folks out there who end up with a parent on medicare and a SS check someday?
We're about done with a parent local to us. Can't hold a sales job, won't get out of "prissy" sales retail positions versus sucking it up and doing something that isn't a prissy rich lady style job. Can't do their own finances. Won't live like a person with a low paying job (expensive groceries, can't keep a room-mate, townhouse in nicer part of town). We even take more measures in our house at budget/cost than this person does. This person earlier in life lived too long off a rich guy's alimony and couldn't get a clue, pretty much.
I just don't think until they realize the faults of their ways (and suffer through a failure) there will be any improvement. If people constantly bail out and help, it'll be just as bad someday else.
I'd hate to see someone lose the equity in their home because they're too selfish or stupid to not sell or downgrade. As I see that as money they could use someday in their retirement somehow. But, I don't feel it reasonable or responsible for adult kids to have to treat a 60's year old adult like a freaking child and pretty much demand they do certain things.
So......what's that look like for folks dependent on medicare and SS? That's what it's looking like someday. I'm not risking our financial situation at the cost of perpetuating the cycle with our kids someday because of that mess.
I feel like this is how it ended up with my dad's parents when they got older. All a bunch of irresponsible folks that couldn't be helped that our family just let it all alone.
What's it look like for folks out there who end up with a parent on medicare and a SS check someday?
We're about done with a parent local to us. Can't hold a sales job, won't get out of "prissy" sales retail positions versus sucking it up and doing something that isn't a prissy rich lady style job. Can't do their own finances. Won't live like a person with a low paying job (expensive groceries, can't keep a room-mate, townhouse in nicer part of town). We even take more measures in our house at budget/cost than this person does. This person earlier in life lived too long off a rich guy's alimony and couldn't get a clue, pretty much.
I just don't think until they realize the faults of their ways (and suffer through a failure) there will be any improvement. If people constantly bail out and help, it'll be just as bad someday else.
I'd hate to see someone lose the equity in their home because they're too selfish or stupid to not sell or downgrade. As I see that as money they could use someday in their retirement somehow. But, I don't feel it reasonable or responsible for adult kids to have to treat a 60's year old adult like a freaking child and pretty much demand they do certain things.
So......what's that look like for folks dependent on medicare and SS? That's what it's looking like someday. I'm not risking our financial situation at the cost of perpetuating the cycle with our kids someday because of that mess.
I feel like this is how it ended up with my dad's parents when they got older. All a bunch of irresponsible folks that couldn't be helped that our family just let it all alone.