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How to Help Your Elderly Parents with Their Finances

August 30, 2018

From the Consumer Reports website

“One of the first things seniors tend to struggle with as they age is keeping up with their personal business,” says Amy Goyer, an aging expert at AARP and author of “Juggling Life, Work and Caregiving” (American Bar Association, 2015). But the best time to have crucial conversations about how adult children can help is before their parents actually need it.

initiate a discussion at a private moment—or encourage your parents to do so—about what help they might want now or in the future, and how they’d like you to provide it. Consider this a first step in an ongoing conversation.

Here’s are some ways you can offer to assist, no matter what level of help older family members need:

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