[zcaveman]

I see people retire down here and think they can do anything they want - cruises, trips, party until dawn, etc. - and not think about where the money is coming from even though they are on a fixed income.

I know one couple who keeps taking lump sums out of their retirement annuity. I tried to explain to them that it is not a bottomless pit.

Sitting down with him and discussing a budget and the limited resources is a good idea.

Z