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Old 12-21-2010, 10:13 AM   #33
Hi-Psi
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Join Date: Dec 2009
Location: Calgary
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I've got an interesting take on things.

What if you're parents haven't saved enough over the years to retire properly? Instead of saving properly they spent their money on vacations for themselves and living waaaay outside their means to the point where they now have amassed debt rather than savings.

Do you feel responsible to help them since they're your parents or do you turn a blind eye to it and make them lay in the bed they made?

I think this is going to be a very big issue in the next 10-20 years as more and more of that generation begin to hit the age of 65.
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