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Reply to "Ivy League grad, still renting an apt. age 70"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. Age 70 and same apartment for 25 years. Lived on parents property after college until own apt. 25 years ago.[/quote] OP, If you are happy with your financial situation, then I'm not going to judge you, but I'm not sure what you are looking for here? Are you looking for validation of your financial situation? From my vantage, your parents set you up with an education, with a place to live for 25 years, and with $600k that you have already blown through. I don't know what your life situation has been, but from the outside it looks like you have lived beyond your means and not made wise financial decisions.[/quote] +1. Ivy league education =/= high salary. Some ivy grads just spend, spend, spend because they think going to an ivy entitles them to a certain lifestyle, despite not having the money to support it. I know a family, both parents are ivy grads but they're not high earners and neither comes from money. They live way beyond their means with private school for their kid etc. and they have student loans. The wife has a low-paying SJW job that they like to brag about. They're trying to live the trust fund lifestyle without the trust fund. In this case, OP actually got the inheritance but blew through it with some sort of fuzzy thinking that an ivy degree would make it all ok.[/quote]
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