Re:More than 1M fewer students are in college, the lowest nu...
by anotherman554 on Friday January 14, 2022 @10:59AM
(#29936041)
Maybe your dad can sell the business one day and retire on that?
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Re:More than 1M fewer students are in college, the lowest nu...
by brandall10 on Friday January 14, 2022 @07:23PM
(#29942310)
It's been discussed many times, he's had it appraised and it's not as much as one would think - high 6 figures at best. Would pay for ~5 years at their current spend rate. But yes, that will likely happen and with their retirement savings and social security they'd have to move to a LCOL area.
Basic point is, if my father had truly earned the income he claimed for decades against the lifestyle lived, they should have a retirement nipping at 8 figures; living out retirement in relative luxury and going on fantastic vacations on the regular. Instead they will have to economize and there may be a point where I have to kick in financial assistance.