What would you do if your parents came to you when they're 60 and said, "son (or daughter), we lost everything.  

I have even advised my daughter in LA who would love to buy a house but cannot afford, with the prices off the roof, to start saving and prepare herself to buy in a couple of years.I'm hoping to be ready for it!!!

https://vimeo.com/34338392 I've never seen that one, his first daughter was only a toddler.

I had someone liquidate their kid's college savings once.College is important, so I semi-jokingly calculated it out as a hard money loan from the 6 year old to her parents, 2 points and 12%, amortized over 4 years, and encouraged them to make this their new monthly payment to their daughter's college savings, after which they can resume their previous contribution amounts.

Currently it is 1:15 am and we just put our daughter down for the 3rd time tonight (cutting teeth).

My wife and I are retired.........................and we have a son and daughter, both in college. 

The house across from him is vacant and the owners daughter is going to sell it.

PS I had to go to Hollywood this week to pick up youngest daughter .. drove from Vegas and back in one day.. forgot how insane the LA traffic is..

Income: Full time income was 250k, but my wife stays home with our daughter now so its 150k going forward.

“The greatest happiness is to vanquish your enemies, to chase them before you, to rob them of their wealth, to see those dear to them bathed in tears, to clasp to your bosom their wives and daughters.”-- Genghis Khan