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Adult Children
Reply to "If your kid is more successful than you"
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[quote=Anonymous]My wife and I are way more successful than either of our parents. My mother has inherited wealth (not absurd amounts) and her parents helped her and my father buy a house. Despite the fact that each one of us makes far more in a year than either of our parents did combined in a year (adjusted for inflation), it's so much harder to do the things that set our parent's generation up. There has been stony silence about help wiht downpayments, and neither side helps with childcare. It hasn't been awful for us, and I think when our kids are grown up, I'll be prepared to help, but they need to do most of it themselves. If they can get to 80 percent of a down payment, for example, I'd put them over the line. But I'm not going to give them 80 percent of the down payment and see if they can get the other 20 percent like a lot of people we know have done with their parents.[/quote]
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