Or what? |
This is true BUT typically assets can be divided into separate trusts for descendants. For example my siblings each have our own trusts and are our own trustees |
Sorry you didn’t get to enjoy your youth and now like to be smug towards women who had children later |
+1 Everyone gets to choose, but then you must live with the consequences of your choices. Having at kid at45 means you are 67 when they graduate college. If you live to see grandkids, you might not be able to actually do much physically with them. But being in your early 50s and kids out of college is awesome. |
Well I'm 55, healthy and active, but no way would I be happy about having to chase a 5 year old around at this age. I enjoyed my last year where I spent over 140 days on the road traveling the world. I cannot imagine having to be at home with a young kid |
DP: Had first kid at 29, 2nd at 34. I got to enjoy my youth (married at 22). And now get to enjoy retirement at 55 with way more than $5M to spend Everyone can do what works for them. But fact remains the older you are the more risks of complications for mom and kids. And the fact you might still need to be working at 65+ because you still have kids in college/needing insurance/etc. And fact that you might not be around to enjoy your kids getting married and having grand kids. |
As someone who had children young and plans to retire early, I find your post smug and insufferable. |
| Damn, this thread took a turn. Dear god some of you are really awful. Smug and insufferable nails it. |
So don't read it. Was just stating my opinion that I wouldn't want to be chasing a 5 year old around as my job at this age on a daily basis. And yes, I'd rather be traveling the world. Not sure why my opinion bothers you so much |
Having kids at 45 for some people means they lived an amazing life before the age of 45 that you, who were raising kids, did not live at all. They lived this life in their 20s and 30s unencumbered by responsibilities, which is not even close to the same experience as being in your early 50s with an empty nest. It's just different. I would ask yourself why you are so committed to being convinced your way is the best and the "consequences of your choices" are the correct path. In my experience, only insecure people feel the need to think this way. YMMV. And no, I didn't have my kids at 45 or anywhere close so no need to lob that insult. Just humble enough to realize there a lot of ways to live a life and many pros and cons to all the lives. |
So you do you. Whatever people want to do is fine with me. But I'm still allowed to have opinions on what I'd like to do. I also know people who had kids at age 20 and were grandparents by 42. I agree it's just a different way of life, but one I wouldn't personally choose for myself. Because I watched that option---the dad had to quit college after AA degree and keep a job to raise the family. Met him at a large company where he was doing well. But he was definitely held back/restricted from not having his 4 year degree (for no reason other than that---he could do the work and was excellent). So his career suffered as well, had he been able to finish college he would have advanced faster and more easily for the next 30+ years. People with a 4 year degree at the same age as him were definitely way ahead in terms of their positions (this company had 15-20 levels at both Technical and management, and it was well known how long you typically last at each level---he was at the high end or above many time simply because the lack of college degree) |
Of course you're allowed to have opinions on what you want to do. What you should not do is crap on other people's life choices when you have no idea what the actual hell you are talking about. Again, humble yourself that you do not know everything and have not experienced everything. And no, your hard to follow babble that I think is a story about someone who was held back professionally from having kids too young, does not make the point that YOU did everything right and OTHER people are wrong. It's just some bad story about one person. |
|
To borrow a quote from good old Rumsfeld, why we still work:
You’ve got your knowns. Then you’ve got your known unknowns. Then you’ve got your unknown unknowns. Basically, we just don’t know what’s coming politically, with AI, with climate change, with global pandemics. We just don’t know. |
Here’s the quote. And it’s funny the way he says it but it’s how I feel! https://youtu.be/REWeBzGuzCc?si=P-ojhaJ51hQe5rk6 |