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[quote=Anonymous][quote=Anonymous]I think the OP is a troll, or just an incredibly dumb, immature and entitled 20-something.

But the question makes me think. I am considerably better off than my parents, but my mom at many points in her career by herself made what DH and I pull in combined. My dad worked too. And they lived in low-COLAs. But they are epically poor financial managers. They have squandered hundreds of thousands if not more. Their big argument is they paid OOP to put my siblings and me through college, but the reality is, they would not have otherwise actually invested that money. They would have blown it.

Now my dad is retired and my mom is semi-retired, wants to work but is hardly physically capable of part time in her field. I have no idea where they get any money from. I believe they have pockets of savings here and there, some they don’t even know where or how to access. And they’re getting Medicare and SS. My mom may qualify for some disability. But their situation is horrendous. There’s so much more but suffice to say they are your quintessential boomer nightmare.

MIL lives with us and has completely blown her meager retirement savings. She lives by the “you can’t take it with you!” adage. Just the other night DH and SIL (and I chimed in a little more than was probably appropriate) were explaining to her that it doesn’t work that way, that elder care costs a fortune. She said her kids will pay for it. I said, we are saving for own retirements and our kids’ college funds. We don’t have money to fund our parents’ retirement. [/quote]
I agree OP is a troll they haven’t come back or responded to the specific advice about being a designer a few pages back. [/quote]

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