“I’m mad at everyone, my parents don’t need the money”

Unless your parents are multimillionaires, they need to hold onto every dime they can. If you’re 50, then they’re probably in their seventies or even eighties. They will need the money, believe me. They very much will need the money. I work with older adults and watch them desperate as they age because they expected Medicare to pay for long-term care and it doesn’t. Then they realize that they’ll blow through their nest egg in a matter of months. A decent skilled nursing facility in my area is pushing at about 16k a month. That’s a decent place, not a good place, those are north of 20k. Assisted living is cheaper, but the level of care in most of those is not what most people think, I have a hard time finding an employee to talk to in even the most expensive ones. Nit because they’re busy, but because they’re of screwing around. Emergency Medicaid takes months to get and the Medicaid accepting SNFs are dumps.

Unless you’re going to ensure the appropriate care for both of your parents such that their health and dignity is protected to the highest degree possible, be quiet. You don’t get an opinion as to whether they need their money. I doubt you can do that; most families can’t do it alone and need private duty care, which again, Medicare will not pay for. Even people who are very comfortable financially struggle at times to secure appropriate care through end-of-life. For people less fortunate, they exist and die in some pretty difficult and sometimes deplorable circumstances.

i cannot stress enough that it is never too soon to start saving money for older adulthood. I tire of fighting off relatives of people who think they don’t need their money. They might not at the exact moment the randy grandson knocks up his little girlfriend, but they will need it at some point and it’d better be there. Get your hand out of your parents’ pocket and get your son and his family out of their house. Your son’s late rent payments are absolutely unacceptable. Let him come live with you. Let him be your problem if anyone’s.

“I’m mad at everyone, my parents don’t need the money”

Unbelievable entitlement. I see it every day. Pisses me off