Hi, Pete,
At ages 30 and 31, my wife and I have our financial house pretty well in order.
The last thing hanging over our heads is the substantial Parent PLUS loan balance my wife’s parents have. They haven’t prepared well for retirement at all both are in commission-based careers and in the years following 2008 they fell on extremely hard times. They grew so desperate they cashed out my father-in-law’s retirement accounts to make ends meet, obviously at the worst possible time. Thankfully in the short t…
Read the full article at: http://www.indystar.com/story/money/2017/07/19/pete-planner-proceed-cautiously-when-helping-laws-debt/490343001/