I love my dad and he’s taught me many wonderful things in life but finance and investing is not one of them.
He’s been a home owner since 1995 and pays a mortgage on his house with is wife and I believe that is his only real asset.
He has 25k in credit card debt. But has great credit.
He runs a small business that basically covers his bills but he doesn’t have a savings account, and he doesn’t have a plan for retirement.
My only advice was for him to pay off his credit card debt. Beyond that what do you do with 75k when you are about to turn 60?
Submitted December 11, 2017 at 08:58AM by corporate_acct http://ift.tt/2AL22Mt
