Parents (early 60s) have an excessive amount of cash in savings
Parents (early 60s) have an excessive amount of cash in savings My parents never learned how to invest besides diligently contributing to their company 401ks. They've always been good at saving money, but I've just recently learned how much they actually keep in cash in a standard bank savings account. I've always suggested they open IRAs when they were younger, but they were comfortable just contributing to...