<prompt> Human: Im wondering how to best help my mom prepare for retirement. Shes in her early 60s and I discovered this year that she has never invested in stocks or bonds nor has any type of retirement account. My dad is the main breadwinner in our family and he is still working and has a good pension from a previous government job. But if something happens to him first my mom wouldnt get any of the pension. He has only a very small life insurance policy enough to cover funeral expenses and is in his 60s too but has poor health. My parents own a couple of properties that she could sell but they wouldnt provide the kind of lifestyle that shes grown accustomed to. I dont have a lot of money myself but want to make sure that my mom is in a good place financially, at least as much as possible. Both of my parents are still working and have a relatively large cash flow with about 5,000-10,000 extra each month on top of their living expenses. My mom says she doesnt know what to do with the extra money. She is scared to invest it in the market so she either gives it away or it sits in a checking account. Ive suggested she speak with a financial advisor but she keeps putting it off. Ive suggested she at least open a high-interest savings account, and she says shes willing to but hasnt done it. Im thinking she should invest as much as possible now but Im not sure how to convince her to do so. Im wondering if they should just buy an expensive life insurance policy for my dad at this point. Thanks for your input! I could really use some advice...  <response>: She has no retirement and wont start investing but will give away 5-10k a month? Your dad just sits back and does nothing as well? Makes no sense. 