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Relationship Discussion (non-explicit)
Reply to "Wife and I have dramatically different opinions about how much financial help should be given to adult kids"
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[quote=Anonymous]No one can answer this question unless OP tells us how much money they have and how many kids they have. If they only have $500k saved for retirement and 5 kids, they should provide zero financial help to their kids and focus on getting themselves in a better position to retire and not burden their children in their old age. In many families (mine, in the case of my inlaws), this is the greatest gift you can give your kids. If OP has 2 biological kids with his spouse, who is also the parent of those children, and a net worth of $50m, OP should pay for all of their schooling and strongly consider helping with a house downpayment. Between those two scenarios is a grey area, and we need to know more to comment. [/quote]
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