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Legacy

 
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Uisce Beatha
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Legacy
« on: February 08, 2008, 03:31:35 PM »

Clive said...

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I want my offspring to be comfortable.

I'm nowhere near that sentiment.  I want my kids to make it on their own.  To be exact, I want them to be prepared to make it on their own.  I don't want them thinking they'll be inheriting a fortune.  In fact, I'll not "plan" to leave them anything.  If it works out I suppose that's fine but my goal will be to spend it all.  Even if I were to die with a seven figure estate I'd leave the vast majority of it to "causes". 

Mean or what say you?
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"If you're darker than a caramel, Reverend Al speaks for you." - Aasif Mandvi
"Well, you can tell by the way I use my walk, I'm a woman's man: no time to talk." - stroh
PaunchyBald
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this place is hell on avatars......

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Re: Legacy
« Reply #1 on: February 08, 2008, 03:49:45 PM »

I worked my ass off at less than desirable jobs so that my kids could get a better education that I had.  I have no inclination to save money just so they can have it when I kick off.  I'm spending every dime....

One is a mechanical engineer, the other, an architect.  They both earn considerably more than I do.  What they do with their income is their business, just the same as me.
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I don't play golf anymore.   Well, maybe I do sort of.  I quit keeping score, started drinkning beer and I started playing better.
birdymaker
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Re: Legacy
« Reply #2 on: February 08, 2008, 03:57:40 PM »

i'm with the midget. now that i'm done eating. Grin

i have busted my butt for everything i have. thats what makes me who i am. my parents had 11 kids, they didn't "provide" for any of us and we all have been successful in our chosen fields, and picked our selves up when we weren't. there is a terrible sense of entitlement among the youth of today. we are raising a country  full of spoiled rotten pussies. Soapbox
« Last Edit: February 08, 2008, 04:25:52 PM by birdymaker » Logged Return to Top

women are like tornados. In the beginning there's a lot of sucking and blowing. In the end, the car's gone, the house is gone..
Aske
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Re: Legacy
« Reply #3 on: February 08, 2008, 04:17:35 PM »

seems i'm in the contrarian mode today.  must be something in the water.

while I appreciate (and recognize) what nice things my 'rents did have and could afford me... and the work they laid out to make them happen.... {make no mistake, it's certainly a more comortable childhood/life than 99.99% of humans that ever lived before have had) it certainly was in no way elite by the 'western civilization' late 20th century standard...

that said, i recognize now if sal and i ever have kids, we'll be in no position to leave them anything at all, even should we choose to (unless i die early and life insurance pays off) . the best we could do for them is maybe* school/college .  whoopdeedoo. 

yes, i am one of those who will not have as good a life as their parents (straight up middle class through and through... until 2005 anyways)  Sad

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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
Uisce Beatha
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Re: Legacy
« Reply #4 on: February 08, 2008, 04:22:24 PM »

Mad scientists not as flush as back in the day?

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"If you're darker than a caramel, Reverend Al speaks for you." - Aasif Mandvi
"Well, you can tell by the way I use my walk, I'm a woman's man: no time to talk." - stroh
Aske
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Re: Legacy
« Reply #5 on: February 08, 2008, 04:23:36 PM »

nope . (let's put it this way,  if at the current pace, and ignoring inflation...just to make your 'buyout' lump of $1.5M in my lifetime,  i would need to work until i'm  68 ) Sad

« Last Edit: February 08, 2008, 04:32:26 PM by Aske » Logged Return to Top

Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
Uisce Beatha
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Re: Legacy
« Reply #6 on: February 08, 2008, 04:57:39 PM »

nope . (let's put it this way,  if at the current pace, and ignoring inflation...just to make your 'buyout' lump of $1.5M in my lifetime,  i would need to work until i'm  68 ) Sad

Dood.

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Uhhhh, dood.

Tape

Seriously.

Fear

It's slightly possible you're smart enough to make it in some other lucrative although unrewarding and possibly immoral field.  If nothing else I reckon you have what it takes to run the most efficient meth lab in the tri-state area.
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"If you're darker than a caramel, Reverend Al speaks for you." - Aasif Mandvi
"Well, you can tell by the way I use my walk, I'm a woman's man: no time to talk." - stroh
Jules
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Re: Legacy
« Reply #7 on: February 08, 2008, 05:59:50 PM »

Aske, I think UB is on the right track, your a smart man..................I'm sure you could do something else if you wanted to.  But than again you studied for years to get where you are now.  (Aren't you a college professor).

Aske knowing what you do now, would you still have taken the same study/career options that you did, when you were a young boy.
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Clive
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Re: Legacy
« Reply #8 on: February 08, 2008, 07:34:29 PM »

Clive said...
Quote
I want my offspring to be comfortable.
I'm nowhere near that sentiment.  I want my kids to make it on their own.  To be exact, I want them to be prepared to make it on their own.  I don't want them thinking they'll be inheriting a fortune.  In fact, I'll not "plan" to leave them anything.  If it works out I suppose that's fine but my goal will be to spend it all.  Even if I were to die with a seven figure estate I'd leave the vast majority of it to "causes".
I worked my ass off at less than desirable jobs so that my kids could get a better education that I had.  I have no inclination to save money just so they can have it when I kick off.  I'm spending every dime....

One is a mechanical engineer, the other, an architect.  They both earn considerably more than I do.  What they do with their income is their business, just the same as me.
i have busted my butt for everything i have. thats what makes me who i am. my parents had 11 kids, they didn't "provide" for any of us and we all have been successful in our chosen fields, and picked our selves up when we weren't. there is a terrible sense of entitlement among the youth of today. we are raising a country  full of spoiled rotten pussies. Soapbox
Before the thread swings full-face to Aske's career ...

Whisker's post and the subsequent replies persuade me that "comfortable" was misunderstood. 

There will be no silver platter in evidence at the Fenster manse, no car bought when someone turns 16, no $100 weekly allowance.  No one's going to be set up in a luxury condo with a maid while in college.  (*feces*, I don't even have that life.)  But by the same token, I will do everything in my power to ensure that my kid never has to worry that his parents can't keep a roof over the family's head or food in their bellies.  My kid will not have to pass on a top college for lack of ability to meet the tuition bill; if the kid is smart enough to get in but not smart enough to get a full ride, I'll find the difference.  If you think that's pampering my spoiled rotten *humid grotto* of a kid ...

Paunchy, I don't plan to save everything up so I can die and leave it to someone else.  I plan to stockpile funds to make sure my wife and I have the ability to ENJOY our retirement.  My folks are on a fixed income, and *fudge* that.  I don't have to be jetting to the Greek Islands every year, and we won't be dining out five nights a week.  But there's no way I'm going to be 70, housebound for lack of funds to do anything or go anywhere, checking out Medicare, Medicaid, and whatever other options there are to see how I can continue to have health insurance.  Or worse, still working because we can't afford to retire.  I like my job, but I don't want to be doing it into my 70s.
« Last Edit: February 08, 2008, 08:05:47 PM by Clive » Logged Return to Top
Jules
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Re: Legacy
« Reply #9 on: February 08, 2008, 07:41:12 PM »

Hey Clive you might be well off and looking after your family's future.........but what impresses me most about you is that you love doing house-work for your wife. Grin Grin Grin
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The good thing about getting old, is that you can hit the ball out of sight.
Clive
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Re: Legacy
« Reply #10 on: February 08, 2008, 07:44:09 PM »

She does a lot.  I'm just trying to keep up.
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Jules
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Re: Legacy
« Reply #11 on: February 08, 2008, 07:47:23 PM »

Oh stop it Clive.........................All the boys here think your perfect anyway. Grin Grin Grin
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The good thing about getting old, is that you can hit the ball out of sight.
spacey
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Re: Legacy
« Reply #12 on: February 08, 2008, 07:50:52 PM »

I just hope mine don't turn out to be *bunghole*s.
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Jules
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Re: Legacy
« Reply #13 on: February 08, 2008, 07:52:28 PM »

I just hope mine don't turn out to be *bunghole*s.

Are you and Laura expecting.
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spacey
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Re: Legacy
« Reply #14 on: February 08, 2008, 08:07:27 PM »

I just hope mine don't turn out to be *bunghole*s.

Are you and Laura expecting.
Not yet. At least not that I'm aware of.
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