Anonymous wrote:Im a 50 yo who pays for my parents. They are retired now but previously had professional jobs. But I’ve noticed it’s far more typical for the millennials to get subsidized by their parents. And of course their parents often also pay for their vacation expenses.

yes because your parents aren't the boomers, you are basicallty a boomer they have the wealth and need to spend it,.

Im a 50 yo who pays for my parents. They are retired now but previously had professional jobs. But I’ve noticed it’s far more typical for the millennials to get subsidized by their parents. And of course their parents often also pay for their vacation expenses.

Anonymous wrote:Do they pay, do you split it, do you pay?

If my parents join us at the beach house we've paid for, they'll take us out to dinner some nights. When we do an extended family trip with all of my siblings and kids (multi-generational trip) to a destination, they pay if we need to fly there and lodging (Alaskan cruise, Yellowstone), we trade off paying for meals out

I pay for my side of the family (mom + siblings). Mom has no money, lives in a tiny house and won’t visit me, so I usually rent a beach house near her for a week. That way we don’t have to cram into her house and she gets a little vacation.

We’ve only vacationed with DH’s parents once. They chose dates and paid, but were annoyed that the dates they chose didn’t work well for everyone and people couldn’t stay the full week.

With DH’s siblings, we try to split costs. But one sibling tends to “forget” to pay.

My parents will die with millions in the bank, whereas I am just about on target for retirement and emergency and educational savings. Not a ton left over after I fund the various savings accounts. They know this, and encourage it. So they pay. But they're paying because they want our company; they don't just hand over cash or big-ticket gifts. Like they never bought me a car or gave me a down payment or anything.

And when we're at the beach house they paid for, I buy most of the groceries and whatnot.

Anonymous wrote:boomers pay they are all wealthy, they can gift up to 39k a year (19k per each parent) and then 19k per each child, taking into account business class ticket, villas, food and activties that should close to cover a trip for a family of 4

They aren't all wealthy. Stop exaggerating.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The parents should pay.

If they do the inviting, sure. My neither my parents nor in-laws would invite us because they can't afford to pay. So we invite them so that we actually go on vacation together so we pay. Are people here talking about some situation where their parents did the inviting then expected someone else to pay?

We would never invite parents on trip with us if it meant we had to pay for everything! Sheesh. We think we're being nice inviting them to come with us on a trip and they also are just happy to be included.

It's income dependent. We can afford to do it, so we do. If we couldn't then it wouldn't happen. Our families can't afford to travel with is the way we like and we wouldn't want to downgrade to something more in their budget. But when they come to visit us, they pay for their own airfare.

If this happened, I would pay. With my sanity.

We each get our own place. And each pay. Two beach condos next to each other. Under one roof, we tried that but they controlled too much of our vacation.

They always pay for everything. We joke and call it the sherpa fee because I'm always lugging their bags everywhere

boomers pay they are all wealthy, they can gift up to 39k a year (19k per each parent) and then 19k per each child, taking into account business class ticket, villas, food and activties that should close to cover a trip for a family of 4

When my dad was alive, my parents always paid. My mom paid for me to go on a girls trip with her and our cousins. But when I rent a lake house in the summer, she's my guest.

Anonymous wrote:

Anonymous wrote:We pay. We have more money and have more expensive tastes. In the natural order kids should be more successful than their parents. Each generation should do better than the last so it makes sense for well to do kids to pay after all the parents' sacrifices.

I mean, sort of. My FIL and DH are both lawyers. My DH at 45 doesn’t yet make as much as his father makes at 67, but I’m sure he will one day!

My FIL graciously pays. He would be insulted if we paid.

Typically parents have more money than their kids, so parents should pay. My spouse and I would never let our kids pay.

I wouldn't consider my parents elderly, they are late 60s, but we pay for flights, rental car and usually a meal out. They pay for lodging and most meals out.

I would agree with other posters, it’s less about age and more about financial ability. I wouldn’t want them to contribute if they couldn’t comfortably afford to but they are very secure financially.

Anonymous wrote:

Anonymous wrote:My parents insist on paying, although at this point it's just my Mom and she's not up for much travel anymore. Finances are not an issue for her and she likes to do this for my siblings and I.

She likes to do this for your siblings, and you do what?

Haha, I love you!