A Gold Digger Is Draining All My Father-in-Law's Money

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Ramsey Network

Business, Education, Investing, Self-improvement

4.5 • 839 Ratings

🗓️ 15 October 2021

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Christy Wright, Dr. John Delony, and George Kamel. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:10.0	Joining me today is Ramsey Personality, Dr. Chondaloney.
0:15.0	Today's question comes from Regina in Kentucky.
0:19.0	Regina writes,
0:20.0	My husband's 86-year-old father moved in with us after his wife passed away.
0:25.1	At the time, he had over $2 million in retirement investments.
0:28.8	Two years ago, he met a woman who's 54.
0:31.8	He has spent well over $800,000 on her.
0:35.7	Nothing as children say will deter him from pulling money out of his
0:38.6	investments to make her happy. When we talk to him about this, he says if he runs out of money,
0:43.3	we'll just have to provide for him. My husband and I did not sacrifice to build our retirement
0:47.8	just to support a lovesick old man.
0:50.5	Dang.
0:51.7	Whoa.
0:52.6	What is the family obligation to support aging family members?
0:57.3	Can I just divorce my father-in-law?
1:01.2	You know what, Dave?
1:02.2	I've been doing this a long time.
1:03.0	I've never heard that.
1:04.1	Wow.
1:04.7	Can I divorce my father-in-law?
1:06.0	A lovesick old man.
	...

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