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12-06-2018, 10:00 PM
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#41
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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I never told my children they could move back if they had to, but I think they knew they would not be turned away.
The subject never came up, because it would mean they ran into financial difficulties, and there has not been any risk of that.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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12-06-2018, 10:02 PM
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#42
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2014
Posts: 7,001
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After my divorce I downsized to 2 bedroom 869 sq ft condo. 2 of my 3 adult kids needed to come home and we all lived in that small space for 2 years. That’s what parents do. Mine would have done the same.
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12-07-2018, 02:12 AM
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#43
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Full time employment: Posting here.
Join Date: Aug 2015
Posts: 987
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What a worthless “article”.
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12-07-2018, 08:24 AM
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#44
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Quote:
Originally Posted by NW-Bound
Well, if her parents are like me who has 4 empty bedrooms upstairs, if one of my two kids runs into hardship even due to his/her own stupidity, I am not going to turn them away and not give them shelter.
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Sounds like the way to live. If a parent won't allow this, I think he or she can expect to have some lonely times as aging gets serious.
Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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12-07-2018, 08:33 AM
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#45
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Location: Champaign
Posts: 4,689
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I didn't even read the article and I know exactly what it said. Quality posting!
__________________
"Do not go where the path may lead, go instead where there is no path and leave a trail."
Ralph Waldo Emerson
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12-07-2018, 08:54 AM
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#46
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Quote:
Originally Posted by Perryinva
What a worthless “article”.
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Why? It serves to warn young people that it takes a lot more than they think to be FI, although the $5M stated by Suze Orman is clearly excessive.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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12-07-2018, 11:14 AM
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#47
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Dryer sheet wannabe
Join Date: Nov 2017
Posts: 23
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Quote:
Originally Posted by candrew
At this stage in their lives, her mom & dad should be parents in name only and no longer responsible for parenting their adult daughter.
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I like that. I wonder what the reaction will be when I refer to mine as 'Parents Emeritus' when they come up for Christmas this year.
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12-07-2018, 12:20 PM
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#48
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2013
Posts: 9,358
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Median home prices in our area are around a million dollars. Many young adult kids still live with their parents here. It is either that, have a lot of roommates or relocate to some place cheaper. Some families in our neighborhood also have their parents move in with them. Besides economic reasons, in some cases it is a cultural norm.
There are benefits to living in a multi-generational household- maybe even living longer.
__________________
Even clouds seem bright and breezy, 'Cause the livin' is free and easy, See the rat race in a new way, Like you're wakin' up to a new day (Dr. Tarr and Professor Fether lyrics, Alan Parsons Project, based on an EA Poe story)
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12-12-2018, 07:27 AM
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#49
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Recycles dryer sheets
Join Date: Mar 2012
Posts: 202
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Quote:
Originally Posted by NW-Bound
Why? It serves to warn young people that it takes a lot more than they think to be FI, although the $5M stated by Suze Orman is clearly excessive.
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News Alert, most young people don't read financial articles.
__________________
From 2013, $170k -> $227k -> $244k -> $226k -> $312k -> $426k -> $462k -> $515k -> $791k -> $875k -> $808k
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12-12-2018, 07:35 AM
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#50
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Thinks s/he gets paid by the post
Join Date: Mar 2015
Location: philly
Posts: 1,219
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Quote:
Originally Posted by bobandsherry
That's more like FIRE ignorance. Really less than $200k nest egg and she thought that was sufficient at 28 ? SMH
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lol, I stopped reading after that.
I love the line where she says "she doesn't really want to retire". uhmm at 28 you really haven't worked.
I find no value in these article truthfully. Couple has 600k at 28 and want to have children??
And sorry, I'd have smothered my late husband in his sleep if he dared suggested converting an empty school bus into a tiny house. aw hell naw.
__________________
My darling girl, when are you going to realize that being "normal" is not necessarily a virtue? it sometimes rather denotes a lack of courage~Aunt Francis
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12-12-2018, 07:51 AM
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#51
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Recycles dryer sheets
Join Date: Oct 2014
Posts: 147
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Quote:
Originally Posted by Perryinva
What a worthless “article”.
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I agree from our perspectives. Then NW said it’s a warning. Hmm how many 20 somethings learn life lessons from an article.
One couple wanted to have kids and one were fostering more kids.
News Flash: Kids cost money. To me money well spent.
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12-12-2018, 08:02 AM
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#52
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
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Wow, the article has four stories about four bloggers with links to the blogs. Pretty sure we know the secret to FIRE!
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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12-12-2018, 09:15 AM
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#53
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,169
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Quote:
Originally Posted by World Traveler
I agree from our perspectives. Then NW said it’s a warning. Hmm how many 20 somethings learn life lessons from an article.
One couple wanted to have kids and one were fostering more kids.
News Flash: Kids cost money. To me money well spent.
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Interesting article in yesterday's WSJ about how many older single adults with no family are not in such good shape. Some have kids but are not on good terms with them!
Behind a paywall....
https://www.wsj.com/articles/the-lon...ne-11544541134
Quote:
Danny Miner, a 66-year-old retired chemical plant supervisor, spends most days alone in his Tooele, Utah, apartment, with “Gunsmoke” reruns to keep him company and a phone that rarely rings.
Old age wasn’t supposed to feel this lonely. Mr. Miner married five times, each bride bringing the promise of lifelong companionship. Three unions ended in divorce. Two wives died. Now his legs ache and his balance is faulty, and he’s stopped going to church or meeting friends at the Marine Corps League, a group for former Marines. “I get a little depressed from time to time,” he says.
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Quote:
“I don’t like being by myself,” Ms. Lettice says. “I wish I were dating. I wish I had somebody significant.” She recently gave up two tickets to a beer-tasting fundraiser when she couldn’t find a date.
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I can't imagine being retired and not having my children in my life. I make it a point to tone down my opinions and let them lead their lives as they see fit with a few fatherly suggestions now and then. Hey, there are no laws against planting a few seeds in the hopes some will sprout.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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12-12-2018, 09:38 AM
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#54
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2014
Posts: 7,001
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I don’t tell my kids how to live their lives and my parents did the same. I want them to enjoy their time with us.
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