Happy Holidays and welcome to a special Christmas Eve episode of Retire with Ryan!

To celebrate the season, I'm embracing the holiday spirit with a financial twist on the iconic Christmas movie, Home Alone. This 1990 classic has become a Christmas staple, featuring young Kevin McCallister, who's accidentally left behind while his family flies to Paris for Christmas vacation. Armed with creativity and courage, Kevin outsmarts two bumbling burglars with a series of clever traps before his family returns home.

But today, I'm looking at Home Alone through a different lens. As your financial advisor, I'll break down the McCallister family's finances. How rich were they? What would their stunning Chicago home be worth today? And what kind of jobs could support such a luxurious lifestyle?

With a budget of just $18 million, Home Alone has grossed nearly $500 million worldwide—and I've probably contributed to that total with how many times I've rewatched it! So, grab some eggnog, settle in by the fire, and let's explore the McCallister family's financial plan.

You will want to hear this episode if you are interested in...

• [1:25] Sign up for my weekly newsletter and get a free chapter of my book!
• [3:19] How much is the McCallister house worth?
• [5:19] Calculating how much the McCallisters made
• [7:48] What did the McCallisters pay in taxes?
• [10:47] What was their cashflow?
• [13:13] College costs for a family of five
• [15:03] How much are they saving for retirement?
• [18:43] Did the family have life insurance?
• [19:36] The type of estate planning they had

Resources Mentioned

• Retirement Readiness Review
• Subscribe to the Retire with Ryan YouTube Channel
• How Rich Were the McCallisters?
• Historical 401K Limits
• Details about Home Alone
• The McCallister House on Realtor.com
• Home Alone Fan Speculations
• A Brief History of the 401K

Connect With Morrissey Wealth Management

www.MorrisseyWealthManagement.com/contact

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