I am coming to the realization that in the future I will likely be supporting my parents and it is freaking me out.
Backstory on me: I am 36 with a great husband and 2 teenagers. Me and my husband have great careers and are financially secure. We are very good with our money and have done a good job planning for our families future.
My parents: They have struggled my whole life with money and have never been good with their money. They are getting older and are not prepared for the future. Things seem to be getting worse for them financially. They have gotten desperate recently and against my advice pulled money out of their retirement to stay afloat. They seem to have gotten things back on track but still living pay check to pay check like usual. Not like they have a lot of options but still what I would consider irresponsible with the little money they do have.
Now my fear is that due to their poor decisions and lack of planning I will end up taking care of them. Please understand I’m not trying to sound like some kind of entitled bratty child. It’s just that my family has worked very hard to put ourselves in a good position. It frustrating to realize that their bad choices and lack of planning is likely to be my family’s problem.
Figured I’m not the only one who has been in this situation and maybe someone would have some advice.
Submitted June 16, 2018 at 11:06AM by brandyradio https://ift.tt/2t9JG4c
