My parents are in their 50s and are worth $2 million but I think they're behind retirement - do they need to cut back?

The author, despite being in their early 20s, worries that their parents might not have enough financial security for an early retirement, estimating a shortfall of over $100,000 annually from their income and expenses. However, responses from the community suggest that the author may have miscalculated their parents' financial standing, overlooking valuable assets like home equity and retirement accounts.

Commenters in the r/ChubbyFIRE subreddit emphasized that the author was unnecessarily anxious about their parents' finances, suggesting that their estimated shortfall of $100,000 per year was unfounded. They pointed out that the author's parents likely had a strong financial foundation, something the author failed to account for, including multiple properties, moderate expenses, and the potential for retirement savings.

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