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Reply to "Equality vs Equity"
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[quote=Anonymous]Wait, what? With so much going on for all of you, why can't you do down the middle unless one has health problems/SN. Are you looking for trouble? Both of them should know how to invest whether their careers pan out of not. You have enough money to have gotten both of them involved in investing since they were pre-teens. Why make them think that money comes from work and then let them know that you see the difference in their pay. Both should know how $200k becomes a million in 5 years. One of them thinks tax deferred is a good idea and so do you. The government will get them sooner or later and so will the fees for the next 40+ years. Their RMD is going to get them, and how are they going to learn to invest if it's done for them probably in a fund. The money should have been going into Roth every year they were eligible or do backdoor if possible.[/quote]
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