My parents have no savings, live paycheck to paycheck, and own a home with $400k in equity

Why did Trump fire the labor statistics chief? How are new tariffs impacting global markets? What caused Tesla’s stock to fall recently? Why are US job growth numbers disappointing? How is AI spending affecting Big Tech profits? What’s behind Figma’s record-breaking IPO? How did weak jobs report affect Treasury yields?

My parents have no savings, live paycheck to paycheck, and own a home with $400k in equity – should they cash out and rent instead?

247wallst.com/personal-finance/2025/07/25/my-parents-have-no-savings-live-paycheck-to-paycheck-and-own-a-home-with-400k-in-equity-should-they-cash-out-and-rent-instead

There is just something wonderful about growing up, knowing that your parents worked hard and will finally get a chance to rest and relax. At least that is the plan but as is the case with many different things, the best plans don’t always happen as we want them to.

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This story appeared on 247wallst.com, 2025-07-25 15:23:17.