<prompt> Human: I honestly have no idea where to start.My parents have maybe 60k saved up for retirement, theyre both retirement age. They have my fathers pension, if he dies before my mother all shell have is her social security. If he dies before 72 theyll have life insurance. They still owe around 200k on their house. My plan is to basically let them hoe their own row for a while. If they enter any grave medical expenses I would hope to let them take care of it themselves and they can enter bankruptcy if the medical expenses are too great.I hope to have a home with an apt by the time one of them dies that they could live inassuming they are able. Essentially I dont want to screw myself taking care of them. I want to break the cycle and empower my children with the financial gifts I never had.  <response>: The biggest relief I ever felt was when I stopped letting my parents make me feel guilty about their life and choices. Help them figure out things out if you can but for the love of God you come first because when theyre gone youll only be left with your choices. 