My parents are retired. My parents worked hard (operated several small businesses) and have built up a nice nest egg. My father is pretty frugal so I don't expect I will need to help them. Their greatest concern is for my sibling, who is struggling with finances. So my parents are afraid to spend money as they feel they should continue to be frugal in case my sibling needs more help down the road. They have also offered to help me periodically but I always decline since I feel my family already live a pretty comfortable life. I just wish my parents would travel more and enjoy their fruits of their labour but they are genuinely afraid to spend their money. They grew up poor so being frugal with their money is deeply ingrained into their psyche.
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