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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I live in a close in Montgomery County suburb and it seems pretty clear that several of my neighbors are still being supported financially by their parents.  These are people in their 40s who have multiple children. I feel like if you haven't figured out how to be financially independent by the time you are in your 40s, it is very unlikely you ever will.  Is being supported financially forever part of these people's life plan?

If you support your children financially when they are middle age, do you feel good about it?  It seems like parents in this situation must have to worry not only about whether their retirement savings will be enough to support themselves until they are 100, but if their savings are enough to support their children until they are 100!

I guess I'm just jealous and bitter!  :-)

[/quote]

In my younger days, I would've been jealous too but when you experience life you learn not to be jealous of anyone as you know that life is fairly unfair to all. However, if their parents have extra money, they'll leave it for them anyways so why not help while still alive to see the benefits.[/quote]

+1 I did not get anything from mine (who died years ago). Dh’s mom is very comfortable and provides a lot of support to his sister who does not earn a lot. It used to bother him but we may end up doing the same for our kids so I think it has given him some perspective. His mom has not given us the same level of support - but at the same time we (i) fortunately did not need it and (ii) have not been subject to the same level of control as his sister. She did contribute to 529’s for our kids which are currently being utilized and are much appreciated.

I hope that later we can assist our kids if they need it. We are already funding Roth IRA’s to the extent they have earned income and other things to help get them ahead. Things both of our parents never would have thought of. [/quote]

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