Quote:
Originally Posted by Sliver
Yeah, I see that. Maybe this is one of those turning points where a person starts to get more conservative as they get older? I'm 45. I like to save. My kids are teenagers. We've been saving for their university since they were born. Maybe a guy starts to want to "protect what's his" to the detriment of others.
If you look at buying financial security for your offspring as just another thing you can choose to buy...like maybe the guy next door buys a $60k boat and an $80k F-150 to pull it with, but I just float around on a pool noodle and drive my older truck and use the same capital to invest in my kids' future. How are you going to get a guy like me on board with wanting to claw my money back on my death?
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If taxes and policy were used to cover the cost of your kids' university and provide your kids with a decent minimum standard of living, would that change your spending habits?