For many of us, there comes a time in life when we begin to see our parents struggling, be it physical, emotional or some combination thereof, with once simple, everyday tasks. They may acknowledge such newfound challenges, in which case most of us will try to assist or seek professional advice and assistance as the situation warrants. But more often than not, unless the problem is severe and immediate, there is a natural reluctance to admit to themselves, or anyone else for that matter, that “I can’t do it alone any longer.” This can be especially challenging when the ability to manage one’s own finances comes into question, particularly as income becomes more fixed as we get older. Continue reading
