Anonymous wrote:Would you rather:

1. Give each of your kids a $1m inheritance

2. Give each of your kids a $400-500k inheritance and send them to private PK-12

Assume college tuition and retirement are taken care of.

Anonymous wrote:

Anonymous wrote:We are trying to leave to each of our own kid real estate in the value of 1mil each. We aren’t there yet, but kids are still 6 and under. We are also doing private school for now, but that’s only because employer pays for half tuition.
My parents gave me real estate and I feel it’s my duty to do the same for my kids instead of using the money for trips, meals, clothes, etc.

If your employer is paying half, I"d absolutely do private school.

Anonymous wrote:

Anonymous wrote:On what planet is a good idea to give any kid a $1 million inheritance? Way to destroy their ambition, drive and motivation to do anything for themselves.

Most kids would be full adults by the time that happens. Good for the parents for doing it.

Anonymous wrote:On what planet is a good idea to give any kid a $1 million inheritance? Way to destroy their ambition, drive and motivation to do anything for themselves.

Anonymous wrote:1! Man you could start living on the interest from that at some point.

Anonymous wrote:Would you rather:

1. Give each of your kids a $1m inheritance

2. Give each of your kids a $400-500k inheritance and send them to private PK-12

Assume college tuition and retirement are taken care of.

Anonymous wrote:

Anonymous wrote:1! Man you could start living on the interest from that at some point.

sis

A million dollars isn't that much money any more, not these days. It could be a great investment or a nice nest egg, but you'd still have to work. I vote for #2.