The Dallas Morning News recently published an article which stated most Americans are not saving for elder care. The article listed several interesting statistics and common misconceptions worth reviewing, and which should serve as motivation for all adults to develop and include in a financial action plan.
I am a baby boomer. Both my parents are alive and in relatively good health, however, they aren’t getting any younger. I’ve attempted to discuss several of these topics with my dad over the past several years. He politely assures me he has it handled and that’s the extent of the conversation, however, I don’t know what that means nor do I have any knowledge of what he or my mother truly want.
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