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Reply to "MIL lost FIL money for retirement "
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[quote=Anonymous][quote=Anonymous][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] They have twin daughters (in their 20s) who make close to minimum wage and at the end of month need help to pay their bills for the month such as car insurance, phone bills, etc They aren’t special needs but do little jobs here and there [/quote] PP here. Yeah this isn’t sustainable. They need to give them a deadline and let them know they are on their own after that point the economy isn’t bad for jobs so that should happen. [/quote]
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