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Adult Children
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]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] This!! We always pay for the kids flights. We can afford it and we want them to visit/come on vacations with us. Our launched kid is 2K miles away and 2 flights (or a 2 hour drive and 1 flight). We have seen them for 40+ days in the last 365. Largely because we happily pay for flights if they want to come/join us [/quote]
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