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Reply to "MIL lost FIL money for retirement "
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[quote=Anonymous]This is really a family problem. FIL needs to get rid of all credit and they need to pay cash. They need to save monthly for taxes and insurance and spend only what’s left. $5k is easily doable but will be far from the life they had expected I am sure. What is this wrench of adult kids who are still dependent? In what way? I have a special needs kid who lives with us but has a job to pay his own expenses. He costs me minimal for food and I could actually make him pay that. That kind of dependence or your ILs pay their rent and send them living expenses? The latter is not sustainable. [/quote]
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