<prompt> Human: He grew up dirt poor from a farming family in China and has pretty much only been out of poverty with my Mom since 12-13 years ago when I was in 1st grade where he got his first well paying job that pays 80k With the high living costs associated with living in the Bay Area, its not that much.He absolutely fucking refuses to put ANY money into a 401k even when his company matched 10 FUCKING PERCENT OF HIS INCOME.His excuses are: That shit is a scam He wants to save up money for his first house Big deal for him He wants to save up money in case of an emergencyBut in reality, you can take money out for these events. Its so frustrating---He thinks that just keeping it stored in a bank is better than anything else and refuses to believe in the scam that brokers are trying to sell even when I try to convince him to put all of his money into Vanguards Index 500 fund which is about as safe as you can get AND have around an 8 growth. Im worried about this financial decision of his and whether or not I have to support them when I become older. My mother works and shes putting all of her money into her Roth IRA Shes been trading stocks and lost about 25 of its value. I only just convinced her to put her money into Vanguards Index fund as well.Is it just too late to convince him now? Hes 60 already or almost 60.---EDIT: Out of a miracle I somehow managed to convince him to put a sizeable sum into Fidelitys Spartan Index fund since he already has a Fidelity account. Lets hope this keeps up for the future  <response>: At the end of the day... hes an adult and has the right to make his own decisions about his money, no matter how stupid they might be.You could check out rrelationships or rrelationship_advice for ideas on how to better communicate with your dad. You might even want to check out rAsianParentStories to get people who better understand Chinese other Asian cultures. 