Encourage your parents to talk to a financial planner to help them strategize for their future. They need to assess what they will have and how far they can stretch it.
Unfortunately, more and more Americans are finding themselves unable to retire when they reach retirement age. This is a reality many will have to face.
Of course you want to help your parents, but you should be direct with them, explaining that you are just starting out and have no resources.
You need them to focus on finding sustainable solutions instead of placing the burden of their future solely on you.
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