Reply to How many parents still financially support their middle age adult children?

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[quote=Anonymous][quote=Anonymous]I know lots of my friend's wealthier parents helped them constantly until the parents died. [/quote]

And why wouldn't you if you had the funds?  We are UHNW.  We will help our kids as long as they are working hard/contributing to society (ie....they need a 40 hour/week job and be working hard to better themselves---not an issue one has graduated college already and gainfully employed, other is in college doing well). But why wouldn't we help them fully fund their IRA/401k? and pay for family vacations (they are both single)

They know any future grandkids will have fully funded 529s, and we will help with house downpayment when they are ready to settle into a specific area.

So yes, that's helping, but only for extras. They still live "within their means" for everything else, meaning they can afford the basics in life.  
I would much rather see my kids/their future spouse and grandkids enjoy the money while I"m alive, than have them wait until they are 50-60+ and inherit it.  And if they truly wanted to go into a field with low pay, but a field that truly helps/contributes to society, they know we would help support them in order to do so.  Just seems silly to make them wait until we die to enjoy the $$. 
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