06/23/2026
Helping an aging parent can bring up difficult questions fast.
How much support can I afford?
Should I pause my retirement savings?
What happens if long-term care, Medicaid, assisted living, or nursing home costs become part of the conversation?
This week on Money Talk with Michael Eastham, he answers the question:
“I’m helping an aging parent. How do I do that without hurting my own retirement?”
Many people are balancing caregiving responsibilities while still trying to protect their own retirement income, savings, and monthly needs. The key is to help with compassion, but also with clarity.
In this episode, Michael talks about why it’s important to be honest about what you can realistically afford, protect your own retirement first, and create a plan before the next emergency.
Watch this week’s episode to hear Michael’s answer.