As your parents age, they will not only face physical changes but mental and emotion changes as well, many of which stem from changes in their financial situation. Various circumstances, including the death of a spouse, retirement, and medical care and medication costs, can leave your parent feeling confused, anxious, and overwhelmed by their finances. Stepping in to offer them advice and support may seem like a daunting task, but keep these tips in mind to ease the situation for both you and your parent.

This article was syndicated and originally appeared on the Senior Helpers website.