Planning your own retirement can be challenging enough, but when your parents reach an age where they no longer can handle their finances, you may need to step in and help out. Seniors often need some help with money management in order to take care of their finances correctly and to have plenty of money set aside to pay for medical costs and other needs. Have the Discussion It is important to sit down with your elderly parent and discuss their finances. Certain things like managing the bills … [Read more...]