Parents Are Asking Us To Buy Their Home

[@nikkole9951]

It's infuriating when parents put this on their adult children.

[@ASmith-jn7kf]

They took care of them. Why not be good to your parents??

[@dericanslum1696]

@@ASmith-jn7kf ...and then negated it all by being irresponsible...wrong is wrong regardless of seniority...

[@sarrahwilson8149]

No they need to be responsible. Tired of parents and grandparents having a good time and then coming back to us saying we will take care of them.

[@paulcolburn3855]

This is all too common. This is the sense of entitlement. The adult children can try and inform their parents of their misbehavior but (most likely) at least one or both of the parents are BPD and would REFUSE to both listen OR change their ways. When you are 70+ you do not want to be corrected.

[@abdullah7792]

@RealestRealist says the person who grew up in a family that took care of him

[@lindaleelaw5277]

Find senior living, and tell them to sell the house and move, pay rent and live with other seniors. They'll need one car I'm 70. DO NOT RESCUE THEM.

[@WhiteKitta]

in their 70' and no retirement money!!!! OMG...what a nightmare,....theses people are insane...

[@lovethemflowers]

If they're not careful, they might need that cookbook Dave talks about: "Fifty Ways to Prepare Alpo and Love It".

[@WhiteKitta]

LOL

[@1966bluemax]

And a dentist

[@goitoutdoors]

pray they die without medical bills

[@carojames6776]

White Kita if they have children they think they will bail them out !!

[@laura.redfield]

It's sounds like her parents' mindset is to enjoy their money before they die & leave nothing on the table. It's fine if they don't want to leave an inheritance for their kids... it's their money to use as they see fit. However, they're burning through it way too quickly & putting themselves on the road to becoming dependent upon their kids (and/or taxpayers and charities) pretty soon. Their math just doesn't compute. Sad for the kids.

[@lovethemflowers]

Yeah, they get the reverse mortgage, lose the home, then become "travel agents for guilt trips", attempting to make the three kids look selfish for not feeling obligated to take them in. Way to go Mom & Dad.

[@ek07305]

Hence, not being fine to not leave an inheritance to your kids. You are supposed to, it's biblical.

[@666dynomax]

how does a dentist work all those years, save nothing, sell the business in pieces (doesnt sound like it was sold as a business), burn through that, then sell the last asset and begin burning through that. $120000 would not last long if you're making payments on it! lol.

[@ASmith-jn7kf]

That's kind of not okay and extremely selfish to not want to leave anything for your children. I think that's disgusting.

[@dejancar9740]

I thin your completely wrong...

[@jimh712]

When they run out of money Their plan is to move in with you

[@thejokerspeaks]

You boomers that took advantage of your parent's depression era frugalness, and cashed in on their inheritance, don't deserve to double dip from your kids as well!

[@hankeyfarms6396]

thejokerspeaks amen brother!!

[@goldberghodnett]

👍

[@emman1103]

Yes yes yes !!!

[@peternguyen1911]

Preach

[@stpierreforjesusthesavior984]

I'm a boomer and I say, Amen, to thejokerspeaks. But than the boomers' parents had a lot to do w this spoiling them in giving them what they didn't have as if things and experiences they didn't have, is so important. Than again, it's the human condition. Hope the boomers' children don't take up where the boomers' parents left off.

[@quizqueencarolinekelly7200]

My husband told me that his parents, shortly after our wedding and the death of his youngest sister, requested money from him so that they could travel around Australia. My husband refused to help them travel on his money.

[@ASmith-jn7kf]

Well I'm sure he traveled on their dime.

[@SeychelleSunshine]

A. Smith That's not his problem. Children don't choose to be born; his parents chose to make that decision. They chose to spend their money on children and it was their responsibility to care for them. When you're a parent, your children being happy and healthy is your reward. Personally my momma was an amazing one before she passed and I still wish I could've bought her a house; however, I don't have to do that. It would be a great thing to show appreciation to your parents but how you show it is up to you and no, you don't owe them anything.

[@leilanidru7506]

They wanted to take a trip to Australia after the death of their youngest child?🤨 shouldn’t they be grieving instead of going on vacation?

[@JessicaO490Z]

@@leilanidru7506 sitting at home staring at your walls in misery is not grieving. Grieving takes many forms. If Australia meant something special it's a way to bring meaning to your life that suddenly feels turned inside out. If it was just to some where to do touristy things then it was probably escapism. So say you're in that position, first you can find out if Australia is on their bucket list or a spontaneous pick. Then if you can't afford to help you can have them trouble shoot, why this place, why now, and is there a cheaper substitute. If it's to get away from everything that reminds them of their dead child a cheaper toad trip might work, or a cruise that's a bargain. If their house is full of memories that hurt too much right now, it might help more to spend a week visiting/staying with each of their other adult children. Help reinforce those connections to children that are still alive (that likely will help the grieving siblings too). so you see it's more than just, no I can't give you money for a very expensive vacation mom and dad. when you get to the root of why you can find other solutions that don't cost an arm and a leg. Or saying you have a 100K or more in the bank you might decideit's worth the money to help your grieving parents. Either way people need to stop putting narrow structures on what constitutes proper grieving. it's not sitting on a couch sad for 3 years trapped with people avoiding you. Often are very different reactions, including being more desperate about your bucket list, clinging deeper to those around you that are still alive, etc.

[@leilanidru7506]

Jessica Olson I wasn’t trying to restrict what grieving should mean to people. And if was for a sentimental reason that meant a lot to the kid of a family then of course that’s a form of grieving. But if they were hitting their son up for money to have a summer vacay in a luxurious Sydney resort that takes a bit of a different tone. But ur right it’s subjective🤷🏾‍♀️

[@breezyveezy1]

My boomer mom has the same attitude. She bought a huge boat while she’s in debt. I asked her about her retirement and how she’ll pay for this and she said “I’ll never pay any of this off in my lifetime”. I’m so frustrated with her attitude:(

[@amarpatel4899]

Ha H no

[@thebigmann81]

@@hah4798 no it's not a spouse

[@PInk77W1]

It happens all the time. Smh

[@BusArch42]

Typical boomer. The most entitled generation ever

[@PInk77W1]

BusArch42 not typical, but one is too many

[@bridgettetraveler658]

I truly feel her pain! My parents & parent In-laws were like that! Always wanting their children to financially take care of them! Neither were broke, just financially foolish!!!

[@judymckee5992]

Bridgette Traveler, I had the same parents. I finally got them to transfer the house to my name and gave them the money, so they can have a roof over their head that they cannot take a debt on. After that I moved to another country.

[@rachellawrence702]

I'm so convinced that its not how much you have but what you do with what you have.

[@johnmonk66]

Parents are supposed to leave you the house, not force you to buy it so they can live there for free.

[@emiliaescobar7652]

This is unreal!

[@stevee8318]

Imagine making 100k+ for 40 years and blowing it all

[@jonguyton1]

She said he owned the building so he owned his own practice. That means he was probably making 300,000 a year. Then when you sell the practice you are not just selling building and equipment you are selling existing costumers. A successful dental practice sells for millions.

[@PInk77W1]

Ed McMahon

[@codorin]

only over 100k? try at least 300k

[@Itried20takennames]

Total respect to my parents on managing their retirement and elder care so well. Working during the time of pensions helped. Must be so hard to have financially irresponsible parents.

[@marcushoward6560]

Yes, yes it is!

[@BebeBoi674]

There is a lot of problems the word "NO" can resolve.

[@yankeemockingbird4985]

I knew a couple who was gifted a home by their parents. Failure to maintain their financial responsibility resulted in the loss of their home and into a homeless shelter.

[@morgandawn6413]

My in-laws tried to trick my husband and I into putting every penny of our savings into putting a down payment on thier double wide that is 30+ years old. We were young and dumb and it was right before we were married and we almost did it. Thank God we didn't.

[@momonie4]

OMG thank goodness you didn't that would have been an utter nightmare & complete waste of money.

[@morgandawn6413]

@@momonie4 Exactly! They wanted us to take over their mortgage so they could take out a loan on a real home. How someone could knowingly try to ruin their son's start in life to advance themselves I will never know.

[@natckwan]

@@morgandawn6413 that's a whole new level of greed lol

[@ArtLenLa]

That is just sad. The very idea of hurting my child like that!

[@1966bluemax]

If you are a dentist and am not a millionaire yet, there is something wrong

[@kimjong-un5562]

1966bluemax Its called spending 400k a year

[@jgood005]

@@kimjong-un5562 Yep, and after decades of doing that, they aren't about to start living frugally. You can't teach an old dog new tricks. These parents are about to crash. Hard.

[@russodidit]

So all dentists should be millionaires?

[@momonie4]

@@russodidit IKR😂🤣😂🤣😂🤣😆

[@deuteriumjones]

russodidit ! When they are 70? Yes.

[@sopascat7]

... They should sell the house, buy a VW van & travel around the U.S. to re-live their Hippy years

[@Kevin_Roche]

And when they're done, just live on cruise ships moving from cruise to cruise. I heard of an old lady doing that because the service caters to her every need.

[@sopascat7]

... I also watched it on KZbin. Best for retirees to move into cruise ships & enjoy their golden years sailing to differ places.

[@thegayestgoth]

^on somebody else's dollars

[@ASmith-jn7kf]

And whose going to pay for that? Sell the house, build an in law unit in back of one of their children's homes.

[@thebigmann81]

@@ASmith-jn7kf most kids don't want to live that close to parents. Its stressful

[@AStanton1966]

You got to wonder how many crowns or root canals her dentist father may have recommended in order to supplement his crazy finances.

[@VLeaders]

Something to really think about.

[@traceyreed9167]

This is what I was wondering. I remember a dentist that would start the day by telling staff, “We need to push crowns!” 🤦🏻‍♀️

[@tomrado5249]

😟😬

[@tjbalistic]

I can't imagine being such a burden to my children. It's one thing if they ran into some bad luck late in life, and needed just enough to survive... They spent every penny they earned and don't want to cut back on their lifestyle. Yeah, no.

[@PInk77W1]

This is so bizarre. I’m 59 and my every thought is how not to be a burden on my daughter.

[@sasasavage5047]

I'm so confused. Why do the kids need to buy it or they will get a reverse mortgage. Why don't they just put it on the market?

[@mYTHklm]

they want to live in the house for free

[@davester1970]

The problem with reverse mortgages is that the borrower is still responsible for the upkeep of the property and the taxes. If both aren't maintained, they lose the home. Plus at 70+, they aren't going to get a lot on a reverse mortgage.

[@KrazyKittyTailz]

They probably want to live in it PLUS get their money out of it. Classic case of burden retirement from the retire inspired book!

[@thefoodwench4848]

Bingo!

[@glennz6686]

I see where this is going they want their kids to buy the house and then they want to live in it rent-free.

[@MrsEJV]

Glenn Z A reverse mortgage would get them out of a mortgage payment. They can keep the house till neither us in it for 6 months but they are going to blow any extra money they have. Daughter isn't going to inherit anything but cut her losses, walk slowly away and let the parents figure this out. I'm 73. I live 100% independently. I have only Social Security (widow and job had no retirement), but started planning ahead, have a beautiful senior subsidized apartment, car is paid for - 0 debt. Even my funeral is prepaid. I don't get Medicaid food stamps etc - but I have money left at the end of the month. It's all about discipline.

[@arleneaugustahair8393]

Yeah my mother tried this. Um 😐 NO! I was not moving back to NYC to deal with my family’s mess.

[@ohmyhazi3737]

A dentist and no savings? WTH how is that even possible. No way a guy goes to college for 4 years, then dental school for 4 more, and is that financially stupid.. goes to show book smarts are not everything

[@PInk77W1]

I’m a high school drop out. I make $44k. I have $0 debt and doing fine. You would think a dentist would be smarter than that. I have a friend in Los Angeles. He is basically an illegal alien or was. His house is paid off He has a wife and three kids. He has no bills. He works manual labor. He never goes to restaurants. He watches every dollar.

[@thebigmann81]

The problem is when they had practice the spent like crazy but it didn't effect them because it was a constant cash flow but now they had only a certain amount of money after retirement that was getting spent but didn't grow. If they was use to spending $400,000 a year then at retirement they should only spend $50,000-$100,000 a year depending on where they live before they spent all the money from day 1 of retirement.

[@thebigmann81]

It must be really cheap where you live if you're doing fine with $31,000 a year. In my area rent is expensive. studio apartment $2,000 and 3 bd room homes $5,800

[@judymckee5992]

Him Bike, You are right. Hard life causes you to be more discipline and good with money for some and you are one of them. Good job.

[@PInk77W1]

Kenneth Pollard I pay $500 for rent

[@harley8471]

I know a couple. they both were school janitors, worked hard, were able to put their kids through college, paid off their house and now have retirement and a nest egg to support them in their golden years. are they millionaires? no, but they are comfortable and NOT in debt to anyone.

[@iceviking8280]

If it’s an emergency then yeah I would help my parents. But this is just ridiculous. How do they not have any savings. They must have been spending all their money as soon as it came in. Sounds like their own fault. Parents or not the father was a dentist. This is all 100% on them. I have no sympathy for them.

[@munhl]

i'm already saving, but these stories scare me in to saving more!

[@telecasterbear]

Thats what these stories should do, but most people dont want to delay any pleasure. Best wishes for you.

[@arleneaugustahair8393]

Mungo Lewis and makes you want to get 10 jobs.

[@carojames6776]

Mungo Lewis GOOD. Don't stop !!

[@zainafyl]

Exactly!!! 😂

[@AJ-ox8xy]

I dream of one day buying my parents their own home and giving them a savings that they can use to survive and enjoy their old age. But that is because they have given me so much of their time and money not to mention they aren't stupid enough to just start traveling around when their at risk of loosing their house.

[@judymckee5992]

Autarky Bear, God will help you because you intentions are good.

[@truthlove1114]

Sounds like you had a great relationship with your parents. That is very sweet.

[@Alex-ty6up]

Was he a dentist for like 5 years ? How do they not have any money

[@ramkeransusanann796]

The parent's are financial abusive and manipulative

[@PInk77W1]

Sell the house and use the money ($200,000) to buy a cheap home in the boonies. ($50,000) and live off social security

[@edennis8578]

No, they should rent a small apartment, not buy another house. With a house, you have two choices: do all the work yourself (and it's a LOT of work) or higher it done. Since they're old, diy isn't an option, and hiring it done gets expensive.

[@thomasreedy4751]

@@edennis8578 Or buy a cheap condo so you only need to worry a out the inside maintenance.

[@PInk77W1]

E Dennis and get all the equity

[@danieltadros3262]

The problem with living in the boonies is it is very boring. It is like going to Vermont for a week. It is beautiful but boring.

[@PInk77W1]

Daniel Tadros boring is way better than eviction and homeless

[@TheComp_Troller]

Age doesn’t always equal wisdom.

[@bonniebrown1305]

And dentists make a very high income. Where did all that money go?

[@lindseyvelveeta2156]

Bonnie Brown Probably drugs, sadly.

[@jculver1674]

If you can't control your spending, it will never matter how much money you make. Just ask Johnny Depp.

[@thegayestgoth]

Good timin as black parents so bluntly put it

[@kristensteps]

A lot of Boomer Dentists spent all their money to keep up and look important and then wanted to keep that lifestyle going even in retirement... most would rather go back to work to keep the money coming, but it gets to point they can’t keep working. There are cheap money hoarding dentists too, but I’ve Never met one in the middle.

[@nestam6844]

They even had a dentist practice

[@jamesjohnson2458]

Lesson learned. Get ready to save some money.

[@thegayestgoth]

@Nate n ^that's in the Bible. Parable of the Talents. Jesus know what he Doin

[@goitoutdoors]

How do these kids protect themselves from their parents and possibly inheriting debt. Dave, I've always wondered about the legalities of that.

[@rajbeekie7124]

I don't believe it is possible to inherit debt unless you signed something along the way.

[@gene8172]

When someone dies, their debt dies with them. The creditors can go after the estate for money, but not surviving spouses, parents or children. Usually.

[@elmateo77]

In the US you can't inherit debt unless you sign for it.

[@cmoralesss]

Im really looking forward to start living the Dave Ramsey life😂 I need to get The Total Money Make Over!!!!

[@TheOtherSideOfAlex]

Carmen Morales I think it's at Target

[@katelynbendinsky5080]

You can usually find it at the library for free

[@granitemoss1451]

No need to wait to get the book to begin (though I would highly encourage you to read it anyway). All the basic info is available online, so look around and get started! Don't use not having the book yet as an excuse to not start yet. Just get to it, and you'll be glad you did! Good luck.

[@maryannebrown2385]

This just does not sounds right at all. I am wondering if one or both parents have some kind of addiction, like a gambling addiction.

[@LindseyDara]

I spy Dave's KZbin 100K subs award in the back hehe

[@trudifruty6078]

They want you to buy their house so they don't have to move

[@eb1680]

I have coworker who are in their 60s and work two full time jobs .... nooooo thhhannk you!

[@mfgallonjaust7171]

My parents have no retirement plan and expect me to maintain them by the time they retire or they’ll never retire and work till death

[@kratz57x]

You're right - it's not a threat to [the caller], BUT... the unstated part is the caller is bent out of shape in part because the parents might lose the house she feels she should inherit.

[@Archer335]

Books to read: Stop Acting Rich The Millionaire Next Door The Millionaire Mind (All by Thomas J. Stanley) These people need to stop acting like they are rich and give their kids a break.

[@pmeehan_3]

Where can I find the Where Are They Now updates?

[@chuckhall7662]

I don't understand how you can ask your children to accept that kind of load. Reprehensible.

[@bettysmith7045]

It's easy, say NO!!! They are adults and there is no excuse for them not having a retirement! They should sell the house and move someplace they can pay cash for!

[@judya.shroads8245]

Parents just wanting to have fun. Lol

[@willelliott5052]

And as anyone over 40 knows, the irrational and desperate parents will demand an insane price for their run-down home. I have a relative who agreed to buy his in-laws home. I think that he sorely regrets that now.

[@Loramend]

This breaks my heart, but indeed, you shouldn't feed into their harm, they need to learn from it. My dad tends to say to me often "when i die, which will be sooner than the average, i won't leave any money for anyone (i am his only child) i will spend it all", he says that when he has a BPD episode. My answer is always the same "no one has asked you for anything, just don't leave any debt and take care of it, your expensive car and your mortgage that is only 300e/month when you could easily afford more than double that". He doesnt get it, as expensive as it is to raise a kid, i was raised in a country with free healthcare and education, so their expenses where not like they would be in the States. At age 15 i started making little money and while i went to high school and university i worked evenings and weekends, i paid my bachelors and my masters degree while living abroad and my husband and i have never had debt, or a loan to pay.Yet he comes with this, i don't expect to inheritate any money, never did i ever think of that, but just don't leave your financial mess for that sports car, your not needed first class flights when you go on holiday or your drinking habits to your daughter.

[@wisnoskij]

Dave is right, but I wonder what his opinion on Inheritance is? They are 70, depending on their current health and how long their parents lasted, they probably only need to stave off bankruptcy for like 5 more years. But how does that even work? Do creditors allow 70-80-90 yos to just rack up debt?

[@PreciseVids]

Stupid, don't let them live for free & don't buy thr house, it's not a good investment.

[@ASmith-jn7kf]

Yet they lived for free for years off their parents. That's disgraceful.

[@sarrahwilson8149]

I agree. I have 4 sets of parents, grandparents, and an uncle and aunt that misbehave with money. I haven't got to go on cruises or the casino. No way am I going to assist with that.

[@et5895]

@@ASmith-jn7kf then why wouldn't they just go to the class? The roles are reversed now! They better get to class!

[@ocky88]

@@ASmith-jn7kf that is how it works, though. The parents chose to have their kids, not the other way around. Of course, adult kids can and should help their parents, but these parents feel ENTITLED to saddle their kids with their bad financial decisions. That isn't ok to me. It will also only get worse. They want the money to take trips and eat out. They are going to burn through it and then be back for more.

[@sunshinebaconandmusic416]

**sarcasm** But Tom Selleck promotes reverse mortgages! What’s this world coming to when you can’t trust Magnum PI?!

[@wmurray003]

"Well, then.. they can do whatever they want to do." ...buahahaa.a...

[@brendahere]

Of course they want you to buy it. When they run through all their money they will expect to move back in, because they gave you a small break ( the amt of realtor fees). Don't go near that one. Tell them to sell it and put $50,000 aside with their monthly ss, for future living expenses. This would give them 150k. Which they could spend 1k per month on outtings.

[@freeman7296]

Doctors don't appear to be capable of managing their money - most of them appear to spend every penny on nice cars and big houses.

[@09rfields]

Id buy it, if they put the house in my name😂

[@thegayestgoth]

Yup

[@MmM-hj3ym]

If u buy it that's how that works...

[@ASmith-jn7kf]

@@MmM-hj3ym I don't think they were going to do that.

[@thebigmann81]

The parents wanted kids to buy it so they could live in it for free and kids would get stock with property taxes and any city issues if they come up.

[@williebrits6272]

I would buy it for 50% market price.

[@leonardbreau8928]

Too many unanswered questions here. I guess I'd first ask myself what I'd do if I were in the parent's situation. How much, if any, debt do they have? How much are they willing to sell the house for - would that be a good investment? Can the kids afford to do it or would that put them in a bad financial situation?

[@anniealexander9616]

If they are only asking $120k, it's a good deal. If they are asking for its full value, it's a NO!

[@Sara-wv3ms]

The kids should buy the house but it in their names, so the parents can’t sell it but they can live for free and so they’ll never be homeless and when the parents pass, the house is already in the kids names and they can resell it and get their money out plus whatever equity was there. At least that way they can protect their parents from homelessness and at the same time, get their money back and protect their inheritance.

[@judymckee5992]

Sera Shane, That is the wrong advice. These parents need the money to blow off and it will be a burden to the children. What these parents need is a slap on the head for being stupid!!

[@autumnspring6624]

I'd do it for my parents if I could. But not if they demanded it and they had an attitude of entitlement. If I can't afford to buy their home I'd like to help them out and pitch in.

[@electronsauce]

Bro. DTs is not a small symptom for alcoholics. DTs is a serious problem for alcoholics and its pretty rare, but its life threatening. If somebody is wanting a drink to avoid DTs, they should be in the hospital. People with DTs will have seizures that can be life threatening, not anxiety to drink. I feel its important to correct that misconception.

[@williebrits6272]

Excellent advice. Thanks. Lets have a drink on that

[@fredlandry6170]

The parents are really irresponsible.

[@bestly802]

sounds like my own parents

[@bobbyblue3348]

Imagine learning your doctor (of any kind) was desperately broke. Scary!

[@janhatcher6991]

Let them do what they want. They are adults. They're your parents. They should not be asking their children for money. Especially if he was a dentist what in the world he didn't even plan for retirement? I would not bail them out no.

[@bombshellmusical9566]

If you're worried your parents will lose their home, talk to your siblings about saving some money for that now. In the future the three of you can buy a small condo for them - preferably with cash. BUT do not give it to them,. The three of you own it and let them live there for free. That means they can't take money from it to spend irresponsibly, and it belongs to the three of you when they pass away.

[@---cr8nw]

They need to get a reverse mortgage. It's a terrible option, but they didn't make plans for owning their house or funding their retirement. Bad options are all that's left.

[@dc76384]

Sounds like mom and dad cant afford the mortgage any longer, so they want to dump the house...which will prolong the inevitable.

[@Marc_Masters]

So glad I watched this.

[@righteoussoul146]

Debbie's siblings clearly are the one with brains because they won't mess with the parents house nonsense while Debbie was stupid enough to care enough call Dave on something she shouldn't ever even consider. If the father was a dentist making mountains of cash and now have nothing to show for no retirement no nothing, then Debbie needs to grow up and stop trying to help people who're beyond help.

[@TomiaMacQueen]

All for looking after parents. All for older people finishing bt off and using up their money if that's what they choose...NOT AT ALL for parents just blowinng it to the point of putting unnecessary stress on their kids and grandkids.

[@fhuber7507]

Its a business transaction. Treat it as a purchase of a house you would rent. And charge them rent. . reverse mortgage = 0 value left when they try to get out of it or when they die... . These old people are in a pit they dug for themselves.

[@jeanlaubenthal698]

They may now see they can not afford to live in the family home with all the memories and regret it.

[@ceciliapreziose3783]

let them get a reverse mortgage.............they will not change their handling of money

[@melissa5844]

I would have bought them out. I would have told them we are managing your money 💵 because we don't want you to be homeless. Sometimes we have to cut back on something. My parents tell us we don't tell you girls how we are doing money-wise because we have to take care of ourselves.

[@amydoran9987]

Reverse mortgages sound scammy and very risky. They sound irresponsible.

[@robertnicosia5736]

Sounds like they watched Easy Rider to many times. BORN TO WILD!

[@farahchahd2940]

The kids needs to pay $120k for house worth $350k. They must pay it because they will inherit the house when parents are gone.

[@Mexicobeanpole]

Is Dave losing it? He goes on tangents instead of answering questions.

[@JiisTube]

What are the "DTs"?

[@mattmilford]

Delirium tremens. It’s a withdrawal symptom

[@JiisTube]

@@mattmilford thank you!

[@altonriggs2352]

They will be broke soon and will take you with them.

[@peanutbutterisfu]

If they lived another 15 years that’s just over 1,000 a month extra if they were smart and broke it down like that so they don’t spend it all quick. I would take the 190k to buy a tri-plex, live in one apartment and rent the other 2. If you make 1500-2000 a month that’s more than the 200k broken up over 15 years then you still have a property.

[@22aholyangel]

Lol good one Dave

[@cc-by8uk]

I would buy the house and pay with a monthly budget. ..to make sure they do not starve.

[@richardknight7429]

Why buy a house over $300,000 and not have it paid off by the time they turn 70?! If they make good money then spend it to own your assets before you retire? Shouldn't that always be a life plan and have some leftover money to life off of for retirement? Or just live with less..

[@jamesk8891]

Tell them to sell the house and put it into a index fund then buy a cheap camper van (not a $50-60k one a cheap cheap one) or they could buy a super cheap property America is full of them then they can just use your address / the new address or a PO box for mail and will have enough money for food and basics from the dividends but something tells me this won’t be enough for there “lifestyle “ well tough they had there life and spent there money there not in a position they will be made homeless unless they choose to be I wouldn’t buy it / pay there mortgage for them as what’s to say they won’t just downsize then keep the leftover money for “living expenses “

[@sherrywyllie2163]

If the kids give the money then parents could STILL take reverse mortgage and double dip. No way.

[@annadagmarapl]

dont give any money to those users and users!!they want take advantage of their kids!!!

[@Songbird36able]

Just say No!!

[@AB-sr3jd]

They are acting like spoilt brats ...they are trying to ‘export’ money out of their kids to pay for the inheritance....just low

[@MegaTeeruk]

Wait...did she say sent a letter?

[@hiitsmemindyourownbusiness2602]

I would say no mom and dad moving on.

[@shanellpittman7742]

Nop not doing it

[@mitch3448]

They want to blow through that money and then they are gonna hit their kids back up for the money they got from selling the house, bet. Its crazy how horrible family can be to each other.

[@gblyndensrandomreviews]

I would be less nice than Dave suggests

[@jimroscovius]

Easy answer - NO!!

[@seankeenan9277]

That is crazy to me lol

[@thewhatsup]

Dave is not going to be able to say “the advice your grandma used to say” anymore.

[@tanker9987]

Didn't really offer a solution other than watch them become homeless?