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Reply to "Father is blind to his mortality"
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[quote=Anonymous]My dad is near 70 and has done little to save for his retirement He has always made a very good salary, but fully spends it on "toys" - new new boat, luxury car, $2 million house that they are underwater on etc. He is very healthy and is working full time at his successful medical practice. He started an Executive MBA program in January and I can't stop thinking about how stupid this is. He is clearly enjoying the classes, but it is so much money. ($100K) He has always had a bit of a God complex and I think this is his latest effort to prove that he has decades left to live. He might and I hope he does, but there is also my mom's well being to consider. But he can't work forever and just seems insane to drop $100K on a degree at age 70 when you have virtually no retirement funds. My mother is just along for the ride and has never put her foot down as she was a SAHM and has never worked. This man did not pay for the college education of his children for what it's worth. I turned out fine , but my brothers have really struggled. I am worried I will end up needing to support one or both of them in some capacity . [/quote]
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