The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/donbellphd-i-dont-understand-the-positions-16167121.aspx

Subject:  Re: Passing on Assets to Heirs--Goal or Conseque Date:  11/26/2001  10:12 AM
Author:  wisenlucky Number:  32639 of 78166

donbellphd:

I don't understand the positions espoused by jacketfan and decath. Having children is not a requirement. They could have remained childless and used all their funds for their own purpose.

Actually, I understand jacketfan's and decath's positions much better than those who hope to provide so well for their children and grandchildren that they won't have to work.

I don't think that requiring a child to provide (at least partially) for his or her own education is punishment in any way, or that it represents selfishness on the parents' part. Quite the contrary, it would allow the child to start productive life knowing that achievements are worth striving for. How much help to provide is a very personal decision, but I agree with those who hold that the parents' retirement savings must come fir