Philip Greenspun suggests something similar: http://philip.greenspun.com/materialism/early-retirement/ http://philip.greenspun.com/materialism/early-retirement

Philip Greenspun suggests something similar: http://philip.greenspun.com/materialism/early-retirement/ http://philip.greenspun.com/materialism/early-retirement/ He also adds another clever idea: "Can we tweak the $N bonus idea at all? What if a kid becomes a repulsive yuppie despite the lack of financial necessity? Won't his siblings become envious when Chad, Jr. gets a $3 million check from Chad, Sr. to supplement his $1 million/year earnings at J.P. Morgan? Perhaps there should be a sliding scale for the bonus where the first $100,000/year is muliplied by 4, the next $100,000 by 3, the next $100,000 by 2, and the rest of the kid's income is not subject to a parental bonus. Or there could be a lifetime cap of $10-20 million per kid (no Gulfstream for Johnny :-( )."