Re: Rep Retirement Lodge #190: Springing Forward
Folks are both 63 and doing pretty good. Dad's retirement took a big hit in the '08 recession just as he was retiring. He's mostly recovered and he works part-time to make a few extra bucks - it's a bonus, once he's had enough, he's outta there. Eventual plans are to sell their house I grew up in, retire somewhere, and have us do an estate auction if/when they kick it. There's a will, and after the estate auction it'd be mostly bank assets I'd suspect. I'd guess the lion's share would go to my sister and her husband because she's closer and has kiddos.
Biggest problem with them kicking it unexpectedly is their student loans in my name pass to me, but I could survive it and I'd inherit some assets to cover it (I hope
) I've actually made overtures toward paying theirs off at some point if I'm secure enough, and would be happy to do so.
Haven't really discussed EOL care with them, but my dad's a pretty no-nonsense guy and would be the type to bow out gracefully once he becomes a burden. I'd think my sister and husband would do the brunt of the legwork, but I could help financially if needed.
As ****-heelish as this sounds...the real nightmare scenario is something happens to my sister and/or her husband, and my two nieces land in my lap. That's a thermonuclear strike. Doubly so if I stay single. I love 'em, but that would lead to abject financial, mental, and physical ruination for me. (I'm listed as their godfather, but in a contemporary Lutheran "just write a name in the blank so we can get on with the ceremony" sense.)
That is no fun. We have the opposite- I have reams of paperwork stating wishes and I am not even the proxy. the papers are sent to anyone who may ever be on the medical team, relatives, friends.
