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Reply to "What is your relationship with parents if they regularly gift you money? "
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[quote=Anonymous]My parents (when they were both alive) and now my Mom started giving us money regularly about 10-12 years ago (I'm 45, my sisters are 53). The amount has varied, some years it's been $5K some years $15K. At this point, she has more money then she will ever spend. Her social security and my Dad's pension cover all of her living expenses, and she has a few million in investments should she need long term care at some point. No strings attached. I've always had a good relationship with both my parents. My Dad was maybe a little more pushy about financial stuff--but mostly out of wanting to make sure I was setting myself up well for the future. My mom never asks about the money or what I do with it. [/quote]
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