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Reply to "Advice re underfunded college savings & well funded retirement "
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[quote=Anonymous][quote=Anonymous]Kid gets to apply to prestigious alma mater institutions because lightning may strike and the money may turn up. If it doesn't, this is as good a time as any to learn to handle disappointment with grace. Why in the world are you hoping that the college, by rejecting your kid, will do this job for you? [/quote] Because despite the prestigious education she got she doesn't have the fortitude to teach her kids that there are choices in life and these days a prestigious education is a luxury and rarely pays more returns than a good public university. These kids have clearly been sheltered from the reality of their very decent, but middle class life and have been lead to believe they live a UMC lifestyle where one can flush money down their toilet on nonsense.[/quote]
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