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Reply to "Financial support for adult children "
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[quote=Anonymous][quote=Anonymous]One lived at home for 1-2 years to save money. Another got about $25-$30k in help for grad school. And the other moved back home for a few months when she lost her job during covid. All my kids got $10k gift when they finished college (which they all did debt-free) to help them launch. Beyond that, they’ve stayed on the phone plan and on Amazon Prime account. HHI is about $125k Net worth maybe $750k. Single parent. [/quote] Poster, I think you are being too generous given your situation. 750k Net worth and you are single? Have you run your numbers through a retirement calculator? And I am by no means one of those people that doesn’t believe in helping kids out after college graduation. They need to be off your phone plan and Amazon account stat![/quote]
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