<prompt> Human: My dad just told me he has zero percent saved for retirement and is age 64. He thinks he can sock away 25,000 a year after he pays off his two mortgages and his mustang. However, if he can do that then why hasnt he already started. Im worried he will pass away because his health is not the best, and all liabilities will become my responsibility. What can I do to protect my own family from this potential disaster?I always lurk in this thread and love your opinions!  <response>: His debt cannot be passed down to you. Any debt he has when he dies will be settled from his estate. 