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[quote=Anonymous][quote=Anonymous]I think it depends on the situation.  I have been clear with my kids they can/should come live with us a few years after graduate school to save money to buy their own house/retirement, etc.  We'll keep them on our insurance until they can get their own (assuming they work and if not, they are on their own).  We will pay for college and graduate school at a state school or on merit aid.  We cannot afford an expensive private but they know that as younger kids and fine with it (or so they say).  We expect them to work summers or get internships but I don't care how much them make vs. the experience.  I don't want their money.  I do want to teach them to save like my parents did by helping them open up a roth ira, etc.[/quote]

Teaching them to save is so important.  We had our DC open a Roth IRA as soon as they had income.  We can afford to pay all expenses for them, so we explained to them the importance of starting to save early.  Kid is 23 and now has over $30K in Roth which will be 250K+ at retirement age. Since we can afford it, we will continue to "gift our DC" the $ for their yearly Roth and for 8% 401K contribution at work (company matches up to 8%).  It's really the best gift we can give, by setting them up with a strong retirement investments before they are 30. Because time is on their side, and you cannot go back and make up for it without needing to invest so much more later in life.

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