My wife and I have a $600K nest egg but my retired sister only has $25K and wants cash. What should I do?

Core Insights - Many couples face challenges in saving for their long-term security, which complicates their ability to provide financial aid to extended family members [1] - The case of Phil and his sister Dorothy highlights the financial struggles faced by retirees and the moral dilemmas that arise when family members seek financial assistance [2][3] Financial Context - Phil has saved $600,000 for retirement, while his sister Dorothy has only $25,000 in savings, significantly below the average retirement savings of $200,000 for individuals aged 65 to 74 [4] - A 2025 Goldman Sachs survey indicates that 60% of Americans are concerned about depleting their savings before death, reflecting widespread anxiety about financial security in retirement [5] Family Dynamics - Financial decisions in a marriage, such as those made by Phil and his wife, can impact both partners, necessitating open discussions about any requests for financial help from family members [6]