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[quote=Anonymous]My parents did that in another country.  Married young. Had 3 kids by the time my mom was 23 and dad was 27.  Dad was in the army.  Housing, rations, medical, transportation, and education was free or subsidized.  My dad was able to - send  7 nephews and 1 sibling to college and med school, and we have still a great amount of prestige, respect and goodwill in the extended family and different branches.  He paid for our college (also we got merit aid, college was cheap, we also worked), paid for our weddings (logistics was easy because of using army resources), and when he retired at 52 with pension, veterans benefits, a mansion he had built  - all three kids were launched debt-free in their own careers and also married.  He had no more obligations.

The best part of having young parents when they retired was that their own kids were launched and married -

- They whole-heartedly helped us in our own adult milestones   - pregnancies, childbirth, childcare, going back for advance degrees and certifications, building homes, building careers.   My parents were closely bonded with their grandkids.

- We did not have to do eldercare for them when we were busy with our own work and childcare.  By the time eldercare came on us - we ourselves were retired, had more financial resources, our own kids were done with college and launched in careers.

- Having had our family around for a larger part of our lives meant that we all were very closely bonded. My parents had seen how the independent family units of their children worked up close and personal.  So, when they aged, they moved in with our eldest sibling and they were able to put their house on rent.  There was tremendous savings for both my sibling and my parents and they became quite wealthy (the cheap land they had bought to build a house became a super posh area).

- Their inheritance is split equally between all siblings (this is also the law in my country of origin).  However, my eldest brother, as the head of our family branch has decreed that the inheritance will not be split between us three siblings, but rather the 5 grandkids of my parents (eldest brother has only one child).  My mom is in her 80s and all her kids are senior citizens.  Our own children are educated and launched.  So the generational wealth will truly help the 3rd generation now.  And their millenial and gen-z grandkids will now benefit. [/quote]

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