Dear Abby: My 63-year-old boyfriend hasn’t saved any money for his retirement

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Dear Abby: My 63-year-old boyfriend hasn’t saved any money for his retirement
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My concern is that this man gives his two children so much money every month that there’s none left over to help with any of our household expenses.

He knows he will have to wean them off financially before he retires. I’m loath to ask him to stop, because I don’t want to lose him over this issue. However, I didn’t budget having to support him for the rest of my life.

He hasn’t saved any money for his retirement. When I’ve asked why he sends them all his money, he says that when he and their mom divorced, it upset them and he feels guilty , or when he gets old and senile, they’ll care for him. When I mentioned that when he gets old and senile, I’ll ship him out to his daughter, he said she has her own life and won’t want him there.

DEAR RETIREE: You must protect yourself -- that’s what you do. Speak up and tell this kind, loving, generous freeloader that unless he’s prepared to pay his half of the household expenses, he will have to move. It may not be a pleasant conversation, but you will avoid a lot of heartache -- not to mention financial ruin -- if you assert yourself NOW. By the way, there are no guarantees his daughter would be willing to take care of her father when he’s old and senile.

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