I overheard someone trying to make accomodations for their single parent. The parent is moving to the child's city so they were talking to a residential rep and then I hear this (paraphrased of course):
"Oh no, they just need the 1 bedroom not the 2 bedroom. Yes they've got quite a bit of stuff but if they had the 2 bedroom they'd have to also pull down from their stocks monthly but with the 1 bedroom they can handle that with their social security money coming in."
I mean, come on! You're over 50, your parent is AT LEAST 20 years older than you, why are you trying to not use up his money that he worked and invested for on him? Having a conversation with this person before I know their parent's stocks is NO chump change!
Is he really going to be around much longer - why waste time, comfort, saving pennies? They may have a hobby or an extra room for when family comes to visit or something they'd like to do that they could use the extra space for.
When you get old you should use up as much of your money as you can wisely, because you sure can't enjoy it when you're dead. You're lazy children with money signs in their eyes will have to work for their own.
It's Your Parent's - Not Yours - Go Get Your Own
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