Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Do you know your parents net worth? "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]My Mom died a few months ago and my Dad about a decade ago. They were old school so they both worked their whole lives and did what they could. We are thankful that they shared all their finances with us soon after they retired. After my Dad died and my Mom had a stroke we took over her finances at age 72. My Mom sold the house because she could not manage it anymore. They had Social Security and modest pensions and not much in assets/savings. She had steady ($4500/month) income for the remainder of her life but her net worth was never more than $200k (mostly from selling the house). Memory care during her later years ran that down to close to zero and with her death, the checks stopped coming. No windfall for us but it was enough for them. Like I said, we benefited so much from them being open with their finances years before they died.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
