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Old 04-14-2013, 11:33 AM   #41
Thinks s/he gets paid by the post
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Join Date: Jun 2007
Location: near Canadian border and near Mexican border
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Originally Posted by Brat View Post
With regard to 'fairness'. When we were filling out FAFs for our kids as they entered college I considered the 'deals' that the spendthrift parents of their classmates would get as a result. That wasn't fair either.

That irritated DW and me back when our children started college. We personally knew those who made considerably more than us and lived the good life that qualified for the deals and we did not because we were frugal.

A long time ago my daughter (about 10 at the time) had come home from school all upset. At the end of her spilling her guts,she made the statement "....and that is not fair." I told her there are a lot of situations we will encounter in life that are not fair. It has been that way in the past and will be that way in the future.

Pigs get fat, hogs get slaughtered. That's my story and I am sticking to it.
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Old 04-14-2013, 06:42 PM   #42
Thinks s/he gets paid by the post
Join Date: Apr 2006
Location: North Bay
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Originally Posted by travelover View Post
Congratulations on choosing such smart parents.

In contrast, my father planned poorly and passed away at age 71, less than a year after his first RMD. That caused his heirs to have to start taking RMD's on their inherited IRA's in their 40's. But he did help minimize our pesky tax problem by investing his IRA in tech stocks just before the bubble burst.

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