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My elderly father (70) is headed for financial ruin
My elderly father (70) is headed for financial ruin My dad (70) recklessly decided to retire two years ago with $150k in his savings account, $150k in stocks, and $2k per month in social security. He has since spent 100k of that bank account. He still has a monthly mortgage of $1400 and still has 7 years of payments ahead of him. He will not listen to me when I tell him he has to examine his spen...
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