How are you preparing your children for downward mobility?

Anonymous
Zero worries about it. The kids are not spenders and have very low needs. We are two generations working on creating generational wealth.
I will not need my retirement money at all as I'm moving to a very low cost of living country to be with friends. Healthcare and eldercare will not be expenses worth mentioning.
Building generational wealth is really the focus, the hobby, and excitement.
No spenders in the family at all and I hope it stays like that.
Anonymous
Anonymous wrote:One kid wants to be a pilot, so they will never get to DH or my salary level, but there are ways we can and will set them up to do well, like starting ground school as a teen and paying for their regular degree and flight training so they can get started and make captain as soon as possible.


My pilot husband made 650,000 last year so I don’t think you will have to worry much.
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