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Tuesday’s Must-Reads: Helping Parents Manage Money and Tolerating Risk

Our editors pick their favorite stories


How I Saved My Parents Thousands of Dollars

Is it time to have "the talk" with Mom and Dad? A fact-of-life is that they may need help managing their finances. 
 
A survey shows that even though most older people are actively engaged in work, companies are doing little to address their needs. Still, there are good examples. 
 
We’re not talking about the credit account at Tiffany. It’s the everyday things you do for each other that makes for happy, long-lasting relationships.
 
When investing, put your emotions aside. It’s knowing your "risk capacity" — how much you can really afford to lose — that matters most.
 
Your parents say they want to live as long as they can in their house. And they can. Here are affordable, safe ways to make that happen.

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