May 22, 2024
6:16:06pm
6:16:06pm
Which is great. One of the messages of the books is leave money to your kids if you can. But do it when it is more
impactful to them.
For example - if I die at 85, my youngest kid will be 55. By 55 I’d hope they have their stuff figured out. If I could have used some of that money to give them a head start, rather than a bonus as they near retirement, it will be a lot better for them financially (generally speaking).
At this point I’m planning to help my children with college, first home, perhaps cars…I’m not going To hoard wealth and then drop it on them when they are grandparents.
For example - if I die at 85, my youngest kid will be 55. By 55 I’d hope they have their stuff figured out. If I could have used some of that money to give them a head start, rather than a bonus as they near retirement, it will be a lot better for them financially (generally speaking).
At this point I’m planning to help my children with college, first home, perhaps cars…I’m not going To hoard wealth and then drop it on them when they are grandparents.
- Bio page
- RalphWiggam
- Joined
- Feb 3, 2005
- Last login
- Jun 19, 2024
- Total posts
- 33,449 (2,185 FO)
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I’ve always been the spender in the family. Wife was much more budget conscious. We just read Die With Zero.
May 22, 11:19am
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