Are you concerned about your aging parents’ lack of retirement savings? Wondering how you can step in to support them without compromising your own financial stability? In this episode of The Ask Ralph Show, Ralph Estep Jr. addresses the question: "My parents failed to prepare for retirement and are now 70 – what can I do to help them?" Ralph shares essential steps for assisting parents in managing their finances, from budgeting and healthcare planning to finding additional income sources. If you’re facing this challenging situation, tune in to learn strategies to navigate it with compassion and financial wisdom.
https://www.askralphpodcast.com/parents-failed-to-prepare/
Podcast Timestamps:
00:00 Episode Overview
01:38 Listener’s Question
02:26 Bible Verse: 1 Timothy 5:8
04:35 Real-Life Story: A Client’s Journey to Support His Aging Parents
06:02 Understanding the Burden of Financial Struggles
09:16 Key Financial Steps to Help Aging Parents
15:47 Actionable Steps You Can Take
18:46 Call to Action
19:51 Closing
Website mentioned:
https://www.askralphpodcast.com/survey
Ask Ralph Insiders Community
https://mailchi.mp/askralph.com/group
Ask Ralph Show Live
https://askralphpodcast.com/live
What is your question that you would like to ask Ralph? Send Your Question here: https://justaskralph.com/
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