Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 04-03-2013, 08:27 PM   #201
Recycles dryer sheets
Snidely Whiplash's Avatar
Join Date: Apr 2009
Posts: 178
Originally Posted by Koolau View Post
We raised our kids to be independent. We made sure they had college educations available to them (one chose not to take full advantage, but is very independent - having started several businesses already.) My point is that we don't plan to leave a whole lot to our kids (we do hope to help them along from time to time while we are still living). So we don't plan to leave this world with any guilt feelings - at least not financial guilt feelings - toward the kids (or anyone else.).
You and I (Great Minds!) think very much alike. I think it was "The Millionaire Next Door" and the chapter regarding grown children and economic outpatient care that opened my eyes and drove that point home with me.

My thoughts are just like yours; Odds are we probably will leave a decent amount of $$ to our kids, only because we are fairly frugal and aren't the type that could spend down our capital aggressively and our retirement lifestyle will be a relatively inexpensive one barring any major medical catastrophes, but we certainly do not operate with any goal of leaving a large inheritance to our children. We too believe our kids need a strong sense of independence and we cant encourage that by subsidizing them. We are fortunate (and very proud) in that neither of our kids are expecting or ask for any subsidizing. Like you, I want to be here for my kids, to help them not to do for them.

Thanks for your kind words.

Originally Posted by Koolau View Post
By the way, I love your name! I always loved the "villain" names in Rocky and Bullwinkle.
Gosh I miss good ole' Saturday morning cartoons! And being a kid with nothing better to do than watch em' for a couple of hours!

"Adversity does not build character, it reveals it." - James Lane Allen
Snidely Whiplash is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT -6. The time now is 07:43 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.