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Money and Finances
Reply to "If you are rich, not just upper middle class"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have 25M, but our HHI is not high. The millions came because we were lucky/savvy in the stock market when we were young, and now we're older. Our kids know how much we have, and they are preparing for careers in case everything goes south. But our goal is to build family wealth and our kids, having lived a relatively frugal lifestyle like us, will try to build on that for future generations as well. [/quote] Me again. Honestly, I feel your question would be valid if we were talking 100M and above. But with our 25M, I don't think our kids can plan on not working. [/quote] This is just emblematic of the tendency of people on this board (in the US?) to think it's never enough. Unless you spend a hefty portion, your kids can live off of the earnings from 25 million. [/quote]
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