Seventeen years of free rent doesn’t build independence, it builds a very comfortable hostage situation, except the hostage is holding himself, and everyone else is paying the ransom.
Categoría:retirement
Grandparent refuses to babysit grandchildren during summer break without getting paid, parents claim: ‘You need to step up as a grandparent’
Are grandparents required to provide free childcare as part of their grandparenting responsibilities? The answer is 100% no, mostly because there is no such thing as «grandparenting responsibilities.» While many parents wait for the day their kids finally make them grandparents, it’s safe to say they are not excited about all the duties they are …
Seguir leyendo Grandparent refuses to babysit grandchildren during summer break without getting paid, parents claim: ‘You need to step up as a grandparent’
‘I haven’t been on a date for 6 years’: Retired, divorced dad asks his unemployed 25-year-old son to stay elsewhere for one night so he can have a date at home, and the son gets angry about it
A man in his sixties finally gets a date on the calendar for the first time since disco was apparently still cool, and his 25-year-old, still-lives-at-home, doesn’t-pay-rent, gets-a-monthly-allowance son treats the whole thing like a scheduling inconvenience he’s personally offended by. Here’s the setup: two grown adults, one apartment, one bathroom probably, and only one …
Seguir leyendo ‘I haven’t been on a date for 6 years’: Retired, divorced dad asks his unemployed 25-year-old son to stay elsewhere for one night so he can have a date at home, and the son gets angry about it
32-year-old couple making $500K per year claims they’re living paycheck to paycheck, despite maxing out their retirement accounts: ‘It feels like we’re barely getting by each month.’
What does it mean to live paycheck to paycheck? If you’re maxing out your retirement accounts, you don’t really have a leg to stand on when it comes to claiming to be living paycheck to paycheck. If you could pay rent and bills for a month without your next paycheck, but after that, you have …
Seguir leyendo 32-year-old couple making $500K per year claims they’re living paycheck to paycheck, despite maxing out their retirement accounts: ‘It feels like we’re barely getting by each month.’
‘Spending our prime years like monks feels like a waste of life’: Why retiring at 35 isn’t as freeing as the F.I.R.E. movement promises
Almost everyone wishes they could achieve «financial freedom,» but people have different definitions of the term. If you’ve never had access to a life-changing chunk of change, you might think of financial freedom as a state where you never have to think about money ever again. You have enough green stuff to swipe your plastic …
Seguir leyendo ‘Spending our prime years like monks feels like a waste of life’: Why retiring at 35 isn’t as freeing as the F.I.R.E. movement promises
Stepmom praises her husband for paying for his daughter’s college tuition at her graduation party, despite her mom paying most of her tuition: ‘Mom worked extra shifts for three years to do it, was sitting at the same table.’
She was out of line for that. Good people don’t try to make their family members’ accomplishments all about them. If your daughter wins an Olympic gold medal in swimming, and you go around telling everyone that the only reason she was able to accomplish that was that you drove her to the pool every …
Seguir leyendo Stepmom praises her husband for paying for his daughter’s college tuition at her graduation party, despite her mom paying most of her tuition: ‘Mom worked extra shifts for three years to do it, was sitting at the same table.’
47-year-old husband thinks he won’t be able to afford to retire on $5 million in 7-10 years: ‘If we can’t live on $200k a year, then we have a spending problem.’
If you can’t afford to retire on $5M, I don’t know how to help you. Everyone has a different idea of how much money is necessary to live. If you really break it down, you probably technically «need» a lot less than you think, but most of us aren’t willing to give up any aspect …
Seguir leyendo 47-year-old husband thinks he won’t be able to afford to retire on $5 million in 7-10 years: ‘If we can’t live on $200k a year, then we have a spending problem.’
60-year-old woman discovers her husband lost all their retirement savings and starts planning to move to her mother’s house in a different state: ‘We are at retirement age, and the floor has completely fallen out from under us’
A 60-year-old woman discovers her husband has quietly burned through their retirement savings, lost their house to bad investments and day trading, and is now pitching a new business as the solution. Her mother has a spare room. She is reconsidering the whole situation Retirement is supposed to be the part where the decades of …
Seguir leyendo 60-year-old woman discovers her husband lost all their retirement savings and starts planning to move to her mother’s house in a different state: ‘We are at retirement age, and the floor has completely fallen out from under us’
Daughter plans to “strategically” abandon father in his old age after he destroyed her plants, which acted as the last straw
Under normal circumstances, it is completely fair to say that cutting off a parent, especially an older one who will need help soon, is a brutal, last‑resort choice. Loyalty to family is not something to toss away lightly, and most people could reasonably argue that complicating care for an aging parent is the wrong call. …
Seguir leyendo Daughter plans to “strategically” abandon father in his old age after he destroyed her plants, which acted as the last straw
Daughter refuses to help retired parents with another cash‑out refinance after years of paying their bills and cleaning up their bad financial decisions while they keep taking expensive yearly trips they cannot afford
A woman in her mid‑thirties realizes she is not just a daughter, she is a full‑time financial triage unit for her retired 70-year-old parents. And let me tell you, your retirement dreams sound a lot less dreamy when they are funded by other people’s bank accounts.