Reply to NYT: 30 somethings still being bankrolled by their parents

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[quote=Anonymous]I have largely been financially independent since graduating from college (which was paid for by my parents). THis includes times when I was making very little (~20K), although I did once ask my parents for $3K for an emergency dental bill so that I did not have to raid my 401K. I am now in my early 40s and gainfully employed and my parents aren't helping me at all. They have, however, told me that I will likely inherit about $4M when they die. Hopefully that is a long time off and by then I will have already bought a "forever" home and saved for college. I have never asked my parents for money other than that dental bill but I could use some help now that DH and I are trying to buy a house in MoCo near a metro and good schools. Plus I doubt I'll really need the money later (I am still maxing out retirement and saving as if I won't get any inheritance because I can't count on it and hope my parents live a long time). With my kids I plan to make them struggle in their 20s so they don't get lazy but once they are established and have a good job and kids, I'd rather help them out so they can buy a nicer house or sent kids to private school than just have them inherit money later. What is wrong with that?[/quote]

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