A retiree with a solid financial footing contemplates accommodating her daughter and granddaughters after her daughter’s extended inability to work. Despite having a paid-off home and substantial savings, the retiree feels conflicted about the impact of buying a bigger house on her retirement. She wants to support her family but is concerned about sacrificing her peace of mind and financial security, especially given her daughter’s lack of employment and financial independence.
You provided for your child, who is their mother, but you should not be expected to provide for your grandkids—their parents should be.
Selling my paid-off home would give me a substantial down payment, but she would still be coming with nothing—not even a job to help pay a new mortgage.
Collection
[
|
...
]