After Daddy was approaching 90 and Mother was gone, I would go over two or three times a day. One thing is I would fix his dinner.
He insisted on rib eye steak every day. Also a pint of oysters a couple of times a week. I thought, why not? he could afford it. I did get tired of giving the dog most of the steak every day and finally got the butcher to cut them into two pieces.
The fact is they were better off in their old age than when they had five kids to take care of. On the other hand I do know some elderly people who are living on a small income because they became disabled etc.
Personally, I am 68 and in the worst financial condition I have ever been in. It is completely my fault tho and I get by just fine.