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Reply to "What happened to the rich relatives..."
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[quote=Anonymous]I hear you, OP. I have the same type of relatives who are splitting a $40mm inheritance. What's interesting to me is that 2 of the 3 opted out of parenthood. And despite their mountain of money, they don't really travel that much - which is exactly what I'd do if I had a mountain of money! The non-parents live relatively modest lives in reasonable homes doing the work of their choosing - but working nonetheless. The married one has some health problems and splurges more then the other 2, gives a lot of nice things to the kids, pays for education, etc. They can buy whatever they want, but at some point your home gets filled up and then what is there? I liked the point about the various ways of getting to Hawaii. Even the economy flyers who stay at the HoJo are enjoying a Hawaiian vacation. Many paths toward happiness. It's been important to us to vacation at different price points with the kids. Sometimes we end up in a dump B&B, less frequently we're at the Ritz. They won't be able to replicate their childhood trips without getting themselves a good job. But we also plan to treat the entire family when and if that time comes. [/quote]
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