My DW and I are concerned our kids (daughter and her husband) are about to make a mistake.
They are both in their late 20's, both collage grads with decent jobs, a house, and lots of debt. They informed us they plan on quiting their jobs, selling their house and moving out of sate and live with friends until they get settled.
I'm concerned they will "start over" with no jobs and immediately go farther in debt. My wife and I are bothered because we think they are a being a little reckless because they know our financial situation and think we can bail them out when the money gets tight.
We are 2 years from ER and are trying to accumulate as much as we can at this point, and helping support our children because of their bad decisions in not in the plan
Advice?
They are both in their late 20's, both collage grads with decent jobs, a house, and lots of debt. They informed us they plan on quiting their jobs, selling their house and moving out of sate and live with friends until they get settled.
I'm concerned they will "start over" with no jobs and immediately go farther in debt. My wife and I are bothered because we think they are a being a little reckless because they know our financial situation and think we can bail them out when the money gets tight.
We are 2 years from ER and are trying to accumulate as much as we can at this point, and helping support our children because of their bad decisions in not in the plan
Advice?
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