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Reply to "Do you feel comfortable approaching your parents for help with large expenses?"
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[quote=Anonymous][quote=Anonymous]My parents are wealthy (several million, which we hope they spend on their needs). Maybe not tens of millions loaded, but enough to live they way they want for as long as they wa I expect to inherit somewhere between 1-3 million, depending on their end of life needs. My siblings and I would never think of asking them for "help" - we are adults with our own families and we live within our means.[/quote] This is us. I just would never think to hit up my parents for a major expense like a house down payment. You buy the house you can afford. Adults should never "need" help from their parents, emergencies and really bad luck aside. Asking your parents for $$ for a down payment because you had three kids with two teacher salaries and can't afford to move out of an apartment, not need, that's just irresponsibility. [/quote]
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