<prompt> Human: Long-time lurker, but have gained a ton of knowledge regarding my own finances from this subreddit, and am now in need of help to figure out what to do for my parents. Apologies if any part of this is somewhat vague, but will provide as much further information as needed as questions are asked.x200B;My parents are both around 60 years old, have been married for 30 years, dont own a home, and are still paying on their vehicles as well as student loans from my sibling. My sibling is not in contact with my parents and will not pay the loans since my parents signed for them at the time Parent plus loans I believe.x200B;My parent also own a business for 30 years, which is established in a building they rent and recently renovated which they borrowed money to do. The business does well but isnt allowing them to put anything away for retirement. They essentially just make ends meet, and always have.x200B;I know my mother has put a small amount of cash away maaaybe 15k? in the hopes of one day owning a home, but I am concerned if at 60 this will even be possible for them which completely tears my heart out.x200B;I am in a relatively average job 40k a year but moving up, and want to do everything I can to help them. Whereas I am very good with money, my father is not and that has sort of led them to this position now. He makes hasty decisions, doesnt think things through, and has a habit of wasting money on trivial things because its only a few bucks. Would give the shirt off his back to help anyone, but lacks the money making skills to plan for himself.x200B;These are the most important people in my life and I love them beyond words. It keeps me up at night knowing my parents arent in a strong position at this point in their lives. More than anything I want to start helping them, as they have always been exceptional parents and wonderful people toward others.What can my mother do with the money she has saved, and what can I do on my end, to best help them maximize the rest of my parents lives?x200B;Edit: A lot of comments saying they cant really retire, I agree with that. My question pertains more to what can they do to maximize what they can at this point to lead as good a life as possible while continuing to work likely for the duration of their lives.They are the type of people who like to work, it doesnt bother them, but they want some security knowing they are getting older. Sorry for not making that more clear initially.  <response>: As long as your dad is irresponsible with money, nothing you do matters. If he can blow 100, he can blow 1,000 or 10,000. It doesnt make him a bad person but it does make him fiscally irresponsible and fiscally irresponsible people dont get to buy houses or retire. Cant have it both ways. My dad is the same way.Maybe when they want to retire they can sell the business and get enough to retire somewhere thats inexpensive in a small house or something like that and live off social security and get easy part-time jobs. Itll keep a roof over their heads and food on the table but thats about it. 