I have a slightly different situation, both of my kids left at 18 to go to college. My daughter finished and got a good job and was doing well for about 3 years, when the company merged with another. Everything changed, many people left, she hung on for a while and then decided she wanted to become a dentist.
My son was doing OK for the first year, he had moved in with his sister near the university, but then she married and he was on his own and floundered. He dropped out for a year then, got serious and he went back and is now in his last term.
All of this to say, my daughter is 28 my son is 25, We are paying my both of the kids tuition, my son's rent and spending money. (he has earned some money working while in school) We should be done supporting him in just a few months, my daughter still has a little over 2 years of school left
before she graduates.
We are lucky in that we over saved and these expenses will just come out of their inheritance. I feel lucky that even with all the spending of our nest egg we still added 2% last year.
Ya, just because they leave the house doesn't mean they leave the dole.
My son was doing OK for the first year, he had moved in with his sister near the university, but then she married and he was on his own and floundered. He dropped out for a year then, got serious and he went back and is now in his last term.
All of this to say, my daughter is 28 my son is 25, We are paying my both of the kids tuition, my son's rent and spending money. (he has earned some money working while in school) We should be done supporting him in just a few months, my daughter still has a little over 2 years of school left
before she graduates.
We are lucky in that we over saved and these expenses will just come out of their inheritance. I feel lucky that even with all the spending of our nest egg we still added 2% last year.
Ya, just because they leave the house doesn't mean they leave the dole.