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Reply to "Why wouldn't you retire on $5M?"
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[quote=Anonymous][quote=Anonymous]I'm the poster who is building generational wealth. My husband was a war refugee as a child. His family was well-off in their home country and started again from scratch in their host country. I know a lot about my family's boom and bust cycles of wealth going back hundreds of years. So neither of us think in terms of what would make our kids "better people". They already are decent people. They are kind and help others and have a strong work ethic. They know they will have to work anyway, because that will give meaning to their lives, if not a career to fall back on if things don't go as planned. I'm thinking more about future generations beyond that. I would like, if possible, to extend economic stability as far down my line as I can. Of course, we could all die tomorrow. Maybe my kids won't have kids. I don't control anything, really. But I need to take care of my family first. Which doesn't exclude regular donations to causes we cherish, of course. My favorite is Doctors Without Border - they work in war zones that no one else wants to work in. They're instrumental in Sudan and Gaza and other terrible places of this world. And they're going to pick up some of the slack after USAID. [/quote] Oh…very generous of you [/quote]
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