Reply to How many parents still financially support their middle age adult children?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What does financial support mean to you?  My parents are wealthy and pay for family vacations and my kid's private school tuition.  DH and I have good jobs and pay our bills and save appropriately.  I wouldn't say my parents support us although we would make some different decisions if they didn't help with those things.  [/quote]

No they definitely support you.[/quote]

When you *don’t* have support like this, you see it clearly for what it is.

Direct financial support like this would be nice, but what I really crave is knowing that there’s some kind of safety net beyond me and DH.  We’ve built our own through expensive life insurance, but the people I know with wealthy extended family are secure in a way that I’ll never be.  Win some, lose some.[/quote]

PP, you make so much sense. I grew up working class and could never gamble on a job, follow my dreams, etc, because I was my only source of support. Yes, if I had asked my parents for $300, they would have scrounged it together. But they could have never subsidized my rent, etc. month over month while I "found myself."

We are fortunate that we have earned enough money to be financially secure for our remaining days and ideally leave our kids in some semblance of those circumstances (though they will need to earn an income - the money is not endless). [/quote]

Thanks, PP - glad to know I’m not the only one who feels this way. :)

Massive props to both of us for building these stable lives, of course, but man… It literally never occurred to me to NOT fully support myself, you know?  That was never an option. [/quote]

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