"I'm Spending My Childrens' Inheritance!"

Sure, you're just saying that cuz I haven't filled mine out yet,.. uh huh.. I can see through you like a window...

Spending your inheritance
I am keen to talk to people who are annoyed they think their parents are spending their in heritance. I'm developing a television documentary about it and researching the area at the moment. Anyone willing to chat?

Re: "I'm Spending My Childrens' Inheritance!"


Inheritance, NO! Education, YES!

Don't leave an inheritance, just make sure they're well educated and know how to take care of themselves.

Gee, you sound really caring....................., even for a spammer!

It looks like the hamsters have deep sixed the spammer. For those who did not see the post, my reply would seem confusing, and I can't delete it.

I would follow the lead of Chuck Feeney. http://www.youtube.com/watch?feature=player_detailpage&v=OMcjxe8slYI

If my kids were young and I died now, I'd not give it all to them when they turn 18, probably split it up into 3 intervals over a few decades.

I inherited some money when I was young and dumb. I did some good stuff with it but overall it just delayed having to "earn a buck", and having not had to support myself on my own prior to the money I didn't value it the same as I would have 5 years later. After having to work for someone else and find out what being an adult is all about. I was a landlord at 18, still have one of them.

But actually having to work for something put me into a much better path to a much better life I wouldn't have pursued otherwise.

If you have made the money to retirement....and your children are adults and doing fine...then go for it. Working since I was 13 years old and finally at 63 getting to retire in a couple of years,,,,you betcha that I have done for my children and now it is our turn. We built it from the ground up not our kids or anyone else! So I have thought about that bumper sticker on the back of my new motorhome and yep....I built it, I made it, and I am spending it!

Boy, have times changed. I just happened on this old post of mine, and realized that things are so different now.

In light of the changed circumstances, what are the younger members of this forum doing to ensure a comfortable retirement?