Reply to At what cost do you help your adult kids after getting them through college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Here's news. Not every parent hands over down payments. We got our first house at ages 34 and 35 after being married 6 years. Saved our own down payment. [/quote]

OP here. Similar for us.  [b]We also help out one set of parents,[/b] so we are the sandwich generation.  I don't think my spouse will ever be able to retire, as they've enabled the intergenerational dependency. [b]They significantly help their parents[/b], and they are enabling our adult kids.  Maybe I'll retire at the traditional age and spend the healthy beginning of my retirement years traveling with friends or solo instead of with my spouse. I do have my own retirement and brokerage account.  [/quote]
I can't imagine paying for my parents (hello years and years and years worth of earning and saving) instead of paying for my kids flights to come visit me. Parents are old enough to fend for themselves, kids just starting out less so. [/quote]

I feel sorry for your parents. Obviously they didn’t do a good job as parents.[/quote]
You mean being functional humans who saved appropriately? Oh they definitely did that. Sorry you and yours didnt. Good luck to your children having to support you because of your poor decision making - how embarrassing for you. [/quote]

LOL. My kids are fine, thank you. I don’t believe giving kids money makes them any less “functional” but I guess you want to believe that. It’s not like kids are asking for money. [/quote]
You have terrible reading comprehension. PP is saying that functional adults save for their own retirement and don't need their children to support them in their old age - like OP is doing for her inlaws. [/quote]

DP here.  Maybe the adults who were in poor economical situation due to factors outside their control, sacrificed their retirement savings to provide the leg up of a good education to their children. Yes, the adult children need to take care of the elderly parents in their old age.  Due to their parents sacrifice they are in a position to actually help their own parents and also their children.

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