Emergency Financial Assistance For Fixed Income Senior Parents : The Saturday Weekend Review #237

ONE OF THE HARDEST THINGS TO DO IS WATCH THE HEALTH AND WEALTH OF YOUR PARENTS DETERIORATE AS THEY AGE   One minute you can be fine with your money and the next you’re on the verge of disaster and in desperate need of financial assistance. Not everyone will admit to needing financial help because they are too proud but there comes a point where thinking about the best options is better than what something might cost down the road if other things start going wrong. It is not just the young folks who seek help with financial assistance, debt problems and health care. There are always seniors who keep themselves hidden away or placed in old-age retirement homes because they simply can’t do what they used on their own. That or they can’t afford it. Having senior parents who are living on a fixed income, small pensions and old-age security from government savings with no other savings apart from small work pensions can be heartbreaking. Although owning a house is good it may not yield enough to take care of them in retirement. I know many of you might say that it’s their problem for not saving money for […]

%d bloggers like this: