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> he has two very well-educated and successful daughters. They are, in a sense, his retirement plan: Barring extenuating circumstances, they will be in a positi
by cushychicken 11y ago
> he has two very well-educated and successful daughters. They are, in a sense, his retirement plan: Barring extenuating circumstances, they will be in a position to care for him and his wife in their later years. We should all be so lucky.
I'm not quite sure how saddling my children with the cost of my care and feeding in my twilight years is a better choice than letting them go to public school and state universities. Seems like that's just passing the buck on who has to pay that particular bill.
- refurb 11y agoI have to agree. I understand wanting to give your children all the benifits you can, but it doesn't make much sense to do it at the expense of your own financial stability.
- jschwartzi 11y agoSpeaking as someone whose parents prioritized their financial security and their hobbies, and having the experiences I have now, I can tell you that it's not a decision I would make lightly. It mattered a great deal which public schools I went to because it mattered a great deal which college I got in to. I went to a middling public school, so I ended up in a middling college. The only reason I've ended up where I am is that I'm very lucky. I could easily have ended up working retail like nearly all of my friends from high school. Knowing that actually makes me afraid to have children, because it's really likely that they'll be worse off than I am.