Reply to Advice re underfunded college savings & well funded retirement

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[quote=Anonymous]I wouldn't count on aide if one parent is making that much for you to have those expenses.  I would either have the kids take loans and pay them off with your retirement but I would be hesitant with the health issues or start heavily saving now.  I'd also downsize the house at some point but depending on the kids, especially if one is SN and getting what they need, I'd be hesitant.  Or, tell them they have XXX to spend on college without loans.  Or, wait till one goes to college and then sell the rental.

The rental house is making a profit so it makes no sense to sell that.  I'd keep it or move in.

I hate to ask this but are you for real?  After taxes there is no way you can be spending that on therapies and medical care and still pay your mortgage, still save for retirement and have enough for food.   It doesn't add up.

If you are for real, I would get rid of the house NOW if the spouse cannot go back to work, and buy something in the $500,000K so it is paid in full.  If primary spouse rents a room and spouse that many health issues, can they handle everything alone?  None of your options are good.[/quote]

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