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Reply to "Sandwich generation home stretch "
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[quote=Anonymous]For the next 7 years I will have my mortgage, a child’s college tuition (about 60 percent paid by 529 and 40 by take home pay), and my mothers assisted living (divided two ways by two siblings) due every month totaling about 26k. This blows my mind. We can do it but things will be tighter then next 7 years then they were when we first started out. House will be paid off in 7 years though and we will then have the option to move to a lower cola area if needed as both of us now have work from home options. Just curious if there are any people like us who are extremely tight into their 50s/early 60s. I am happy to do it but it almost feels more burdensome being ABLE vs if we just didn’t have the money and college and the nursing home wasn’t an option. Does that make sense? Of course it doesn’t! I guess I am just having some anxiety over these commitments and am curious if anyone middle aged is feeling similar. [/quote]
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