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Adult Children
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]This is common in MoCo. Lots of money. By "supported," do you mean 80-100% support? Or do you mean paying for fancy vacations and private school? We had some help paying for private school and then some expenses here and there that my parents offered to pay for. I never asked. They wanted to help. However, I also have a friend with a trust fund (never had to work but chose to) and a friend who has been under-employed and probably receives quite a bit from the parents. The ILs have put a lot of money into a 529. So we have had help, but we don't have a fancy house, live in a wonderful neighborhood or drive new cars.[/quote] The spectrum of support really doesn't matter nor does if you request it or not: aspects of your lifestyle have been supported by your parents. Just own it and stop rationalizing it.[/quote] What is there to own?!?!?! Do you really sit around with your friends discussing who is "making it on their own" vs "who has help from family"? How does it matter to you? Majority of people who have family who "can help them" recognize the privilege and aren't going around bragging about how well off they are. If those are your friends, perhaps you need to look really hard at who you are friends with. I get no help from family---we are the ones helping them. We took parents with us on vacations when they were able to travel (we paid). I don't begrudge friends who have family who can help them. It's really not something we talk about, heck even my spouse and I don't discuss that. [/quote] What's the trigger here for you?[/quote]
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