Reply to Roth IRAs for Kids

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Is everyone setting up Roth IRAs for their kids now? I’m GenX and after paying for private schools and in the midst of paying tuition for private college (full pay), I’m surprised people are now also starting retirement accounts for their kids.

If you do this, how much are you putting in their accounts monthly or yearly? [/quote]

Your first big mistake was sending your kids to private schools before college. My kids went to public high schools and subsequently both went to top 10 Universities for academics and are now both in very rewarding and highly lucrative careers.[/quote]
there is a point here. OP is bemoaning that they already paid through the nose for private schools and colleges (when we live in an area with excellent free education) but ironically turn their nose up at the guaranteed $$ building move they can make for their kids. [/quote]

That's great you get an excellent free education.  Not everyone does.  And, what was great years ago isn't great now.[/quote]

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