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]We paid for their educations and daughters weddings. Now that they are all successful, married and have kids we are quite generous for estate planning purposes. We have also provided bridge loans, with interest. When they were younger we often spoke with them about living below their means, saving and investing and they’ve all been doing that. [/quote]

My parents did this, too, but they are in the $10m+ estate category, and we are not, so we have to make a different choice.  We prioritized paying for our kids' undergrad, but we don't have the assets to do much more.  Our kids are good at living within their means, but they angle to spend ours whenever we are together.  [/quote]

And if you are not in that 10M+ estate category, you probably shouldn't pay for graduate school, unless you are able to do so and still save properly for retirement (and LTC)

We did this.  We paid for 2 expensive grad programs (kids had some funding but not full tuition).  Plus cars, weddings etc.  We don’t travel as much as our friends or go out to fancy dinners every week or have luxury cars etc. but we will have plenty to retire on and once school is over our lifestyle will be quite nice.  We will retire with 5-6 million at 65.

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