Today's Retirement

[RRR]

[ratherberv]

I tell everybody I will have to work "6 months after I'm dead"

[BC Pest]

That sounds about right in my estimation unless the kids help out

[TandW]

Leaving my part of the national debt to your kids.

[K Charles]

My Dad told me if I have anything left when I die, I didn't do it right.

[MSHappyCampers]

Uh oh!

[NXR]

Originally Posted by K Charles

My Dad told me if I have anything left when I die, I didn't do it right.

A friend is a magistrate in a probate court. He agrees. He said they routinely handle cases where people die with hundreds of thousands in debt and no estate to pay it off.

The banks and lenders jack up everyone's rates a bit to cover those cases.

He said to just have it structured correctly and you, too, can live like a king while dying a pauper.

Or, as the old joke goes, if you owe a bank $10,000 they'll take you to court. But if you owe them a million dollars they'll take you to lunch.

[Country Road]

Originally Posted by NXR

A friend is a magistrate in a probate court. He agrees. He said they routinely handle cases where people die with hundreds of thousands in debt and no estate to pay it off.

The banks and lenders jack up everyone's rates a bit to cover those cases.

He said to just have it structured correctly and you, too, can live like a king while dying a pauper.

Or, as the old joke goes, if you owe a bank $10,000 they'll take you to court. But if you owe them a million dollars they'll take you to lunch.

So funny and so true!

[DRvt]

Last year I sold my 3 cars, 1 ski boat, house 2 barns and 5 acres in Vermont and moved to Mexico.

[Mot W]

Christmas night, guy knocked on our door.
Said he wanted to buy our business & home.
I said put it on paper & we'll see.
30 days later we were homeless.