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[quote=Anonymous][quote=Anonymous]For a few years to start a cushion for a house. I’m kind of stunned he wants to live with you so he can have money to travel. That is a luxury. $95k- also, this is a lot of money. He can live lean for many years, like the majority of college grads, and be in a mighty fine place in 10 years, and without living with you. Anyway, he can move out and into a townhouse with two others and pay $750 a month in rent. He can eat low cost meals. He can travel frugally locally, and wait to travel internationally until he’s in his late twenties, or out off the down payment for a few more years he he wants to prioritize travel. [/quote] 95k first year salary out of college is a 1% outcome for college graduates. Most working adults with decades of experience don't make 95k and that's in the corporate sector. Someone making 95k in tech out of college likely isn't going to need to go to grad school. If I were OP (and also assuming this is a real situation because I cannot imagine any healthy competent 22 year old male asking to live at home for 7 years when he makes 95k a year, and why something so specific as 7 years?) I'd allow son to live at home for two years max, to save the money for his down, and then help him with a hefty down out of the grad school savings because by that point it'll be clear enough to the son whether he wants to go to grad school or not. There won't be any real international travel for another year so consider 2020-2021 a wash and an excuse to save extensively. But I don't think this is a real story. [/quote]
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