#mothers

Removing myself from my mother’s CC

( www.reddit.com )

Removing myself from my mother’s CC A few years ago my mother got a credit card through her bank and also added me as an authorized user. This was during the time we (family members) realized she was sliding into dementia. I was never given the cc with my name on it, as she then couldn’t understand why a card with my name on it was sent to her. (Damn dementia) As her daughter and …

Reddit Personal Finance 516 2025-03-05

How can I stretch my mother’s small retirement savings for the next 20+ years?

( www.reddit.com )

How can I stretch my mother’s small retirement savings for the next 20+ years? Mother is 66. Step father passed recently leaving her with 125k in a TIAA Creff retirement account, 27k of Berkshire B in a fidelity account, 25k in a checking account. Still paying on house and car. Total bills ~2.6k Total income ~2.9k (social security) How can I best set her up with the small retirement she was left in order to pad her income…

Reddit Personal Finance 378 2024-12-30