Comments on: Caring for the Elderly

By: Lai Seng Choy

Lai Seng Choy — Mon, 23 Nov 2009 04:03:08 +0000

Build your retirement fund as soon as possible. That is the sure way to take care yourself but not depending on anybody.

Unlike 50 years ago, our kids today have more financial burden then ever before. We, as parents, should avoid to further increase their burden. In turn, we should build up our retirement fund to meet future need ASAP while we are able to live happily with our spouse, children, grand children etc.

By: Financial Samurai

Financial Samurai — Thu, 19 Nov 2009 05:59:34 +0000

This is an important post as we all have parents we will one day need to take care of.

The expense and the emotional toll is difficult, but they deserve our support given how much they’ve cared for us growing up!!

By: yan

yan — Mon, 16 Nov 2009 13:35:16 +0000

This is a meaningful article. We must:
1) Take good care of our health. Nothing is more valuable than a healthy and strong body especially when we are old;
2) Plan our retirement early so that we can support ourselves when we are old;
3) Pray that we’ll have a meaningful retirement

By: Carnival of Financial Planning

Carnival of Financial Planning — Fri, 13 Nov 2009 13:44:31 +0000

[...] presents Caring for the Elderly posted at KCLau#8217;s Money Tips, saying, Problems faced by the [...]

By: Carnival of Money Stories â€“ My Money Flaws Edition

Carnival of Money Stories â€“ My Money Flaws Edition — Mon, 09 Nov 2009 09:03:02 +0000

[...] presents Caring for the Elderly posted at KCLau’s Money [...]

By: Sayeed

Sayeed — Fri, 06 Nov 2009 01:52:27 +0000

Hi KC;
Totally agree with you, gone were the days when parents can look up to thier children at old age. It is not that our children no longer love us as parents, but they too get too bogged down with thier financial worries with all the inflation going up and up, they tend to leave the parents as spare (if they have)…unless otherwise some of us try to babysit our grandchildren later on as a source of income.
So we need to plan for our old age.
1. Have enough money that gives you a blessed monthly passive income to sustain your retirement.
2. Have insurance coverage for medical during your old age medical
3. Exercise from now (even if you are 40+) so that your old age would not be as painful as now.
It is us to plan for our future…nobody else..

By: RockYourVote.net

RockYourVote.net — Thu, 05 Nov 2009 13:39:44 +0000

Caring for the Elderly…

Problems that the retired elderly can face…

By: steve

steve — Wed, 04 Nov 2009 03:29:31 +0000

Hi KC Lau,
Caring for elderly person especially our parent is a virtue and a must for our modern society. To form a family and having children is a kind of inherit for our journey in this life. Life is a self discovery, we must treasure for every moment we spent with our friend,family and our love one.

By: Chels

Chels — Tue, 03 Nov 2009 07:49:12 +0000

nice article! I like everything you mentioned above..=D definitely will make sure to plan properly for my family, retirement and old age!