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[quote=Anonymous]DH basically broke it to me that his parents are running out of money. They lived an UMC lifestyle during a time when that money went a lot further than it does today. DH was a in a medium size law firm and MIL ran a couple of very small, modestly successful businesses (money she used to finance interior decor, house upgrades, apparel, etc) for about 25 years. They inherited a couple million from FIL's parents about 20 years ago. And DH says they are running out. They probably have enough for another year or so. Basically they are fine as long as they are able to remain in their home - paid off - but will get tricky if they need to move into a retirement community, especially as FIL may require a different level of care. Sale of the house for one of these places would cover expenses for less than two years. Their health is fairly good for early to mid 80s.

My ILs took some pretty high-flying, expensive vacations over the last ten years or so in addition to renting a home during the winter for longer and longer periods over the last twenty years. My MIL has on more than one occasion mentioned "money - you can't take it with you." I didn't really it get it then, but now I think I do.

So yes, we will end up having to be the ones covering their expenses as DH's sibling and spouse do not make much money.

I've had a fairly good relationship with my ILs. My MIL has been trying - ask DH! - yet we've managed to make it work. But I'm in shock from this news. I grew up in pretty humble circumstances. My parents lived within their means and raised us the same. My ILs have definitely lived a far, far more comfortable life than my parents did and I assumed that they were able to afford these trips and other expenses.

Well, I'm just here to vent as the only way this situation could've been different is if they had followed a budget in line with their possible expenses over their lives.

Love if anyone here has BTDT and has insights to share.

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