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[quote=Anonymous][quote=Anonymous]Generational wealth here. I think key is not to touch the principal and have good investing strategy.  We definitely do not make enough to add to the pot (make high six figures through our professional careers) but key is not to actually spend any of the inherited wealth and only spend the interest, if at all. Get good lawyers, FAs and accountants.[/quote]

There's a category of people who have trust funds and family offices, and they either don't or can't spend down the principal, and they'll remain wealthy for the rest of their lives because there are safeguards in place.  That's one category.  Some people in this category still raise strivers. For example, they raise their kids to take over the family business someday.  Other people in this category want their kids to be happy and not worry about making money, so maybe they become philosophy professors or work for a nonprofit - it doesn't matter what they do or earn; they are set for life.

It sounds like OP is in the category of having raised a smart, privileged kid who probably still has to earn a living to afford the lifestyle they grew up with.  This is tough, but often works itself out because they are trying to keep up with their peer group.  [/quote]

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