Every year, thousands of older adults fall victim to scams. According to a 2023 report by the AARP, almost $30 billion is stolen annually from Americans over age 60, including by scammers and “trusted” family or caregivers. Despite widespread awareness of this issue,...
At a certain point, adult children and their aging parents might find themselves in a reversal of roles, with the children taking control and making important decisions about the parents’ finances, medical care and other day-to-day needs. The transition might be...
OKLAHOMA CITY (KFOR) – Many adult children serve as financial helpers to their elderly or ill parents. They provide services like paying bills, handling deposits and investments, filing insurance claims, preparing taxes and more. If you believe your parent...
Being a caregiver for family members or others is a huge responsibility. It is much more than a full-time job. Unless the caregiver duties are shared with another reliable individual, this can be more than a 24/7 responsibility. Caregivers of aging parents, children...
My parents worked hard during their careers and did quite well with their finances. They lived below their means and put the excess income into investments that did quite well. That gave them more than 20 years of comfortably enjoying the retirement phase of their...
