Critter, Maybe they put the money in good investments over the years? I know lots of super smart people in similiar situations.I bought my house for 90k owed 400k when I sold it for 575k . OOPs forgot to say the difference got me a much better house in a better location for me and my family free and clear. the 90-400k was invested in real estate mostly. Those trips to Spain and Agentina and the cars paid cash for me instead of my landlord were all nice too. Working part time is cool too. Too bad I ran my mortgage up to 400k.Watch out for that avalanche!!!!!!
Yes maybe they have squandered their nest egg. We know lots of people like that too.