Honestly, does my head in.... He's got so much in the bank that there's no way he'd ever spend it. Hes the only person who saves money on a pension! Not millions but I'd say £50K in the bank - but to him its like monopoly money.
His house is looking "tired". Threadbare carpets etc. Furniture literally 100 years old in parts. I've tried and tried to get him to spend money but he won't. Keeping it "just in case" and won't spend it because he doesn't want to "get caught out" as he calls it. His other excuse is he worked hard for the money, was very poor when he was younger so doesn't want to waste it.
I've tried to explain that if he ever couldn't cope and had to go into a home the government would take this money so there's no need to save it at all.
My brother is getting married soon. Not got much money. Dad asked me if he should give him some cash - yeh great Dad good idea and suggested he give him a £1000 or so. Nope - gave him £50.
Honestly, I can see what's going to happen. His health is getting worse and worse, he's going to go into a home, get told its £1000 a week, his savings are going to be used for this and, no exaggeration it will finish him off because he'll be so distraught that his money is wasted.
I must have had this conversation 20 times with him.... His answer "I'll manage, I won't go into a home".