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[quote=Anonymous][quote=Anonymous]I feel the exact same way. I grew up UMC spending summers at the club playing tennis and swimming. We vacationed every year to Hawaii or Florida. Parents paid for college, mother didn't work, etc. Spouse grew up poor so in his view the fact that we make 225 K combined is fantastic. Inflation is steadily eating away at what life is costing us. We can't afford to pay for private college for our kids.

I feel like it is nothing with inflation. One thing that we didn't get help on is buying a house or any help with childcare in the infant to preschool years. It was so expensive those years with two kids that we didn't buy a house until the youngest entered kindergarten. This I feel is the main issue that has set up behind and not just us our kids as well. Friends I know that had family help to buy their first houses kept those houses and are renting them out while they moved into bigger houses. By the time they are 65 they will own two houses free and clear which sets them up to help their own children buy houses.

I was thinking of retiring at 60 but now I am thinking of toughing it out in a job I don't really like so that for three to five years (so retiring at 63 to 65) I can put money away for my kids to provide the down payment to purchase property. [/quote]

I hear you! I’d like to retire at 60 but will slog it out a few more years so my kids (currently in college) can have a better start. It may be harder for you since you remember a good life when you were young and it feels like a sacrifice to have to struggle. I didn’t have summers at a club (in fact started working at 14) and never saw Hawaii or Florida and was solely responsible for tuition, so working to give my kids a better life is important to me. Isn’t it worth it for you too? [/quote]

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