Found an interesting article in Economic Times, (http://articles.economictimes.indiatimes.com/2013-05-20/news/39392741_1_shravani-retirement-home-retirement-corpus) which I found to be very useful for those who wish to financially help their independent parents after their parent's retirement, without much interference in their sense of independence.
Points to ponder: Have you planned your parent's and your retirement?
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