If your parents are afraid to spend money in retirement, ask what they expect their savings to cover before urging them to spend. Looking at their costs and priorities together can help you tell careful planning from fear that leaves important needs unmet.
Essential Concepts
Ask first. Review the numbers. Respect their choice.
Related posts: [Planning a retirement budget](/planning-a-retirement-budget/) and [Talking with aging parents about money](/talking-with-aging-parents-about-money/).