Dear Jeff & Rebecca,
I have an issue with my Dad and I don’t know what to do. He has never been great with money. He lives in a retirement center and has enough money coming in through investments and social security to last him around ten to twelve years. The problem is his spending – he lives beyond his means and often says things like, “When I run out of money I’ll just move in with you.” I have a family of my own and kids to put through college. What should I do about this? I can’t afford to support my father and he won’t be responsible.
What do you think?
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