haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I think it is likely that ERs go bust not infrequently. I always figured that it was usually from imprudent investments, but the two that I know in my personal life were just from chronic overspending. I have written about a woman that I met maybe 15 years ago who blew through a $2mm inheritance, and now pinches pennies and gets some money from her son while waiting for her spousal SS.Here's another update to this old thread. We don't often know when an early retirement fails to thrive, but this one certainly did.
I learned from my sister last night that one of our cousins, also a woman, has totally run dry on her roughly $1mm inheritance, and can no longer find work. She lives in the basement of some better off friends from her childhood and high school girl's school days. I passed on to my sister that she should apply for SSDI, based on apparent mental illness.
She likely will not have the get up and go to do even this.
Ha