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[quote=Anonymous][quote=Anonymous]How much financial help are you really giving your adult (out of college) children? If they didn’t have your help what would their life look like? [/quote]
We have two children. One is 28 and one is 26.  One is on their own in an apartment and has a well paying job.  One lives at home and is looking for a job- they are a moth tutor for now.

We paid for their college and each got a used car when they were in college. Both are still using that car.  We still do their Roth IRA contributions every year and both are still on ur phone plan.

When they are ready to buy a house, we will probably gift them $50k or so to help with expenses.

If they didn’t have our help, the eldest’s life would look much the same, but they would not have their current savings or be able to save as much as they do now.  The younger’s life would be much harder as they have and a few life trip ups.

DH and I saved more than enough for our retirement (which happened in January) and giving some now would have a greater impact on their lives than waiting 20  more years. [/quote]

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