The cost of taking care of parents

Besides giving allowances, protect them from scams, bad investments

Many seniors fall into poverty in old age because financial planning and education were not as pervasive three or four decades ago as it is now.
Many seniors fall into poverty in old age because financial planning and education were not as pervasive three or four decades ago as it is now.ST FILE PHOTO

How much is the cost of filial piety in Singapore?

Of course, you would say that the love and care that you shower on your parents are probably priceless.

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A version of this article appeared in the print edition of The Sunday Times on October 25, 2020, with the headline 'The cost of taking care of parents'. Print Edition | Subscribe