Often, adult children need some money from their parents. But what do you do when your parents need financial help? You won’t be alone. According to a 2019 study by the Transamerica Center for Retirement Studies, 8% of Gen Xers and 3% of boomers say su… Continue reading
Many Next Avenue readers are, or will be, stressed, worried and anxious figuring out what to do with their parents’ stuff. We know this because our 2017 story, “Sorry, Nobody Wants Your Parents’ Stuff” is our most-read, most-shared piece. And it led to… Continue reading
Cameron Huddleston, author of the smart new book Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances, remembers the birds-and-the-bees talk she had as a child with her mother. Huddleston says she’d g… Continue reading
There is an enormous stack of paperwork that follows me wherever I go. Even now as I’m settling into a new apartment, I’m staring at the remaining dregs of paperwork I cannot get rid of. For years I have edited down these piles, thrown them out, ripped… Continue reading
When Americans are surveyed about where they want to live as they get older, most say they’d like to stay in their homes and “age in place.” But many can’t, because their homes have too many stairs or are in frigid climates that aren’t hospitable. Tha… Continue reading
A decade ago, Dr. Richard Thill moved back into the family home in Anaheim, Calif. to live with his aging parents. Thill was with his mother when she died at age 102 and continues to live with his father, Elmer, who, at 104, is Anaheim’s oldest lifelon… Continue reading
Beth came up to me, tears in her eyes. “My cousins came into town,” she lamented. Normally this would not seem like a big deal, but Beth’s cousins were diametrically opposed to the idea of her moving her mother — their aunt — into a long-term dementia … Continue reading
The pain and frustration are palpable. “I hired a maid… [My mother] didn’t talk to me for months. I filled two construction dumpsters full and there was still 2,400 square feet left to clean up. Eventually the maid quit when my dad berated her for thro… Continue reading