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[quote=Anonymous][quote=Anonymous][quote=Anonymous]14:41: OK, point taken, your parents are very frugal, and like I assumed have raised you well!
But whatever wealth they have accumulated will pass on to your daughter one day.  Can you really say that that is irrelevant?  That it is not a comforting thought?  Saying that you are not stressed with a salary of $60,000 is not hard, and not the whole picture - someone else with the same salary might feel huge financial stress easily - see age/parents- despite being very frugal.  Would you not agree? [/quote]

Actually, they have suggested, in a not-very subtle way, that they may give all their money to charity.  I believe my mother, left to her own devices, would do it.  I do not count on money for security.  Ever.  I just live as if what I have now is what I'll always have.[/quote]

We lived that way, once.  Then my MIL had a stroke, FIL died and my wife "inherited" roughly $500K. Then the market crashed, my MIL is still around a decade later, the money is gone and we're paying out of pocket for her nursing home and trying to put their house on the market for when they kick her off Medicaid.

Plan for the worst, it sounds like you're on the right track though.  And make sure they do not give the money away until you bury them.  The worst part of our advanced society is seniors will linger into their 90's, it's a fact, painful in many respects, but a fact.[/quote]

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