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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]They have no interest in saving and investing themselves.They spend most of their money and what they get from the parents. I learned nothing unfortunately.
I love money stories when I can learn or use something. [/quote]

What are you talking about? They have hundreds of thousands saved in 401k and a large inheritance coming.  She decided she wants a low stress life with an only child. [/quote]

A low-stress life generally means someone who doesn’t want responsibility and prefers to be selfish and self-indulgent. I have a problem with kids who don’t want to grow up. She’s able to do this because her parents continue to help her, which is just a privilege. Too bad she didn’t earn her leisure. [/quote]

Too bad for whom?[/quote]

Well for this person and her family it could be a little problematic. No one should count on an inheritance. Her parents could live until 99 and spend most of their resources on elder care in the last two decades of life. They may have lots of outstanding debts or spend lavishly giving the impression of wealth without actually having robust savings.

I do not think OP’s parents are super wealthy. They aren’t giving OP and her husband the max amount annually or paying their child’s entire private school tuition or even the entire reduced tuition. Most wealthy grandparents just pay the tuition instead of having their children apply for financial aid and they put money into a 529 or create a trust for their grandchild’s college education. Is their grandchild’s college tuition on their radar? If OP’s parents are alive in a decade and she broaches the topic of them paying $600K for her child’s college in a few years will they tell her that would require them to sell their house?

FWIW, I like the OP in this and I appreciate that she didn’t try to be some peloton riding, non ozempic taking workaholic who was a disciplined spender. Most of my extended family is like this and it’s eye opening when I spend time with them because I’m very different. [/quote]

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