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Reply to "We're worried about our son and our grandchildren"
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[quote=Anonymous]OP, you are responsible for the state your children are in, including their inability to live within their means. You are responsible for your younger son's inability to hold a job or support himself. YOU YOU YOU YOU YOU. You and your spouse did this to them, you handicapped them in life. Take responsibility for this. Stop the madness, especially because you cannot afford to keep it up forever. You owe both your sons sincere apologies for your failure to parent them into adulthood. See a financial advisor. Find out how much money you will need to maintain your desired lifestyle through retirement. Take that out of the mix and with the rest you can fund 529 accounts for your grandchildren and give the remainder to your sons as their early inheritance. Tell them there will be no more support. They have trust funds, they will not be out on the street. Then see a therapist. Tell your children you love them but cannot support them any longer beyond this gift. Then mean it. Be an adult so that they can learn how.[/quote]
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