We frequently talk about retired people living on limited budgets. But what about their adult children?
It turns out that many people with aging parents are struggling financially, and even facing professional setbacks. But are their sacrifices really for the best? And is there a time when they should just cut their aging parents loose to fend for themselves?
Beth Kobliner believes, as cruel as it may sound, there is such a time. The Takeaway’s work and personal finance contributor, she’s also the daughter of retired parents.