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Old 07-14-2016, 10:43 PM   #41
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FIRE in 2012 @45 kinda unexpectedly though. Absolutely NO! I grew up on welfare. Only reason I ate was mother couldn't trade ALL of the food stamps for cash! So blessed beyond belief married into very good family and wife and I have monster work ethic. First child and spouse repeatedly took advantage of us and did everything wrong financially and still does, even after us trying to give guidance and seeing how we lived beneath our means. Second child has great work ethic but still likes to play a bit too much but looks like a good life ahead but will most likely work to retirement age as still not as frugal as us. Yrs back I offered both to help build them a new home where all they would have is cost of material for home. We were even going to be initial bank. Neither was even slightest bit interested.

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Old 07-15-2016, 01:43 PM   #42
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No, we have helped the kids as they needed it when they were younger. They are now between the ages of 36-43. My Mom lived to be very old so all her $ was gone which was great because she got to travel, etc. She left enough to pay for the funeral she wanted.

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Old 07-15-2016, 07:37 PM   #43
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We have no children and have our charities selected for whatever is left. We have no family ties to complicate things. I further add...I intend to let the hospital harvest all the organs and body parts they want so as to help others in a way that money cannot.
"I either want less corruption, or more chance to participate in it." Ashleigh Brilliant
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Old 07-15-2016, 08:05 PM   #44
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I am counting my DS as part of retirement life since he is Intellectually Disabled. I want to make sure I leave a huge nest egg so he will be retired forever after we are gone. What worries me is who is going to look after his well being after we are not around. I hope a good trustee with lot of cash will help him through.
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Old 07-16-2016, 07:11 PM   #45
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If you know a trust worthy attorney, he should be able to do this service after you are gone. I know there are VERY, VERY few but we do know one attorney we trust that could provide this kind of service should we ever need help like this.
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Old 07-16-2016, 07:15 PM   #46
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don't have kids, but at most would think budget $5k per year for the first 10 years of ER for help/gifts, and after that if they still need help, they need to fall to learn how to fly.

(just thinking had it been me and my parents in reverse - i was a trainwreck in my 20's but I figured that out without a handout besides moving back in for a few months.
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Old 07-16-2016, 08:10 PM   #47
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I'll retire so that someone younger than me can take my job.

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