I know this subject line sounds kind of self-serving but please bear with me. I wanted to tell you briefly about my parents.
For those of you who don’t know this about me, I am a first generation American. In fact, I was the first person in my family to be born in the United States. My dad is a retired electrical engineer, an MBA, and my hero. He has a familiar story. His is a story that so many proud immigrants share. My parents are the type of immigrants who have made this the great country that it is.
In the early 70’s my dad left his entire family, including my mom and my sister in the Philippines and got on a plane for the United States with a borrowed $125 and a suitcase. He was going to build a better life for his family and he wasn’t going to let anything stop him.
He lived in a small room with distant relatives until he found a job. Once he had saved up enough money, he sent for my mom and my then nine-month-old sister. My parents both sacrificed more than I could ever imagine, saving for their first modest house in upstate New York.
My father’s job with IBM took us from New York to Colorado to Arizona to California. It was a great childhood. The values of hard work, honesty and family above anything else, molded me into the person that I am today.
When my father and mother finally reached retirement age, they were looking at the prospect of downsizing into a smaller house in order to be able to pay their expenses on a tiny pension and social security. It just didn’t seem right that they’d have to move in to a cramped house that couldn’t even accommodate my mom’s piano.
My parents had struggled, sacrificed and gave me , and my sister everything I ever needed as I was growing up. I was not going to watch them squish into a tiny house during their golden years.
So, last year, I was able to buy them their house. That’s right, I bought my parents house- and they now live without a mortgage or the stress of outliving their money. It was the single proudest day of my life.
My second stream of consistent income from my dental assisting school helped to make this possible. What could you do with an extra six figures per year?
All the Best,
Mark Costes, DDS