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Pay it forward! Siblings helping Parents with their financial needs in retirement


 
PRLog - May 28, 2014 - WEST LINN, Ore. -- Local design firm Suimple LLC. announced today the release of a first of its kind application that will allow siblings to easily manage the expenses of their retired parents.  According to the American Association of Retired Persons (AARP) 61% of 44-70 year olds polled are more afraid of running out of money in retirement than dying. All too often children are the last to know when their parents retirement funds have been depleted and by the time they find out huge debts and back taxes make it virtually impossible to salvage at risk assets.

Needs provides the tools to empower children to be proactive about managing the needs of their parents in retirement. Needs combines the ability to manage expenses with transparency into “who gave what, when” making expectations between family members clear. Managing these expectations is key to keeping familial relationships intact.

Designer and Needs creator Jake Schirm drew from his experience as a software usability architect to create an application that is a delight to use. “When my six siblings and I found out that our parents were having cash flow problems we were more than happy to help. Mom and Dad had sacrificed everything to make sure we had every opportunity, the least we could do is come alongside them in their time of need. Our biggest problem was communication. When where the bills due? How much money had we collected? Was I giving enough? These are all hard things to talk about with family members. Needs makes it simple”

Needs is available for a free 90 day trial. After the trial expires customers will be billed $4.99 per month. Trial accounts can be created by your family treasurer at https://www.needsapp.com/

Contact
Jake Schirm
***@suimple.com

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Contact Email:
***@suimple.com Email Verified
Source:Needs
City/Town:West Linn - Oregon - United States
Industry:Family, Technology
Tags:Finance, retirement, elder law
Shortcut:prlog.org/12329598
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