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Reply to "40 years old - what is your net worth? "
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[quote=Anonymous]This is good for you and your wife. You are under no obligations to support your kids beyond college. If you follow the people here they think their kids and grandkids should all have only fully paid college (which I agree with as long as you don't do it at the expense of your own retirement) but also 99% down payment for a home. Teach your kids from the young age to be financially independent and when they graduate college don't give them any impression that an inheritance is waiting for them. [/quote]
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