How can I help my parents save/make a retirement plan?
I'm 18, and its my last year of high school. and with this economy my dad lost his job and is working for this other company which he could get layed off anytime. My mom's job is okay. But neither of my parent's jobs help/goes towards their retirement. I just am wondering if there is anything I could do to help because I'm going off to college in fall and my dad says that he's not going to retire because they don't have retirement plans. I feel terrible. My parents work so hard. I cry because I want to help them. What is there to do? And I don't even know the basics in that area as for the government part and all that blahhh. I need advice.
Public Comments
- Do all that you can do to help yourself. Go to class everyday, study, and complete your assignments on time. It's a tough environment for a lot of people right now but things will get better. Take care.
- There are so many in your parents condition. It is a shame that in America a person works hard all of their life and still can't afford to retire. You sound like a very good child to be so concerned. It is very commendable of you. Here is what you can do to help. Do what jstardom said. Also, get as much financial aid as you can to help pay for your tuition. Then get a job to help pay the balance. If that isn't enough, then consider a student loan. Do not expect and do not ask your parents to pay for your college. They must look after themselves first. That may sound selfish to you, but if they don't, they could end up on the street while trying to help you. I hope for their sakes that they do not have any debt.
