I’ve encouraged my parents to spend without regard for us, their adult children. They earned their money. They sacrificed their comfort for us in our childhood. I don’t expect them to sacrifice their comfort in retirement. The best thing they can do with their own money is, by assuring their own comfort and care, they are buying their children more days with them.
I have told our daughter that I’m trying to spend it all. The only thing I want her to get is the paid for house. And if Hubby goes before I do it will be sold as I’ll be moving somewhere else.
She laughs and says good.
My parents always said they were spending their kids inheritance. Of their four children my sister and I were the two that always told them that if there was more than a dollar left when they passed then they didn't have enough fun or good times. It was their money and we had no right to lay claim on their retirement funds. My biggest concern was I wanted them to fully enjoy their retirement. My oldest brother didn't see it that way and was a total jerk when our last parent passed away.