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If my income was between $200k and $1.4mill I would (given what I now know) be so rich now it would be scary. What the hell are you doing if you aren't, given all your house equity, cash, knowledge from being here, and tight-arzed approach to life. You should be rolling in it, for god's sake...

How on earth do you figure that? So; the $500k turnover business should be earning $1mill next year, then $2mill the next year and so on? Or are you talking about gross profit, or nett profit, or market share, etc???? Without even trying I could think of perhaps 100 businesses that haven't...

I guess they could always do a reverse mortgage and leave the crumbs for the kids after the post-funeral estate settlement.

You're probably referring to the retiree teacher who has lived in their Hawthorn home on one acre since 1930. It's very much not the norm to be in this situation for most folk. It does exist, I know. So, what many of these folk do is sell off the house and go to a smaller, cheaper and...