Reply to How much financial help are you really giving your adult children?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We gave our only DS our McLean house, worth about 3M, when he got married at the age of 27.  We also set aside 1M for their kids future education, and paid off my DIL 80K in student loan (DS was college’s debt free).  DW and I live in a two bedrooms condo.  YMMV.[/quote]

What's your net worth?  How nice is the 2-bedroom condo?  Your example seems extreme, but if it's not a big percentage of your net worth and you're still able to enjoy your retirement, then it sounds great.  Also, your DIL scored by marrying into your family![/quote]

Probably not that much if they’re being martyrs. This thread is eye-opening.

I more in line with pp on page 1 who said not much, but are always there as a safety net for an emergency. Will give $$ for weddings and will invite them and SOs to travel, and kids will inherit millions. [/quote]

Same. I martyred myself for my kids for 18 years while raising them and putting them through college debt-free.  We plan to enjoy our retirement years.   I wouldn't start considering gifting them money unless our net worth was over $10m.  They will inherit someday, but it'll be whatever is left after we enjoy retirement and live our final years with dignity that we can afford from our savings.  [/quote]

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