Actually giving your parents $500 pm is no big deal, in fact very little. Many posters here earn more than $10k pm of HH income. Giving $500 pm is too little.
Quote:
Originally Posted by Unregistered
OK sir! I will make sure they sign the contract to pay me & wife $1K per month before I let them have dinner tonight!
A retirement plan that has a compulsory component of children's contribution is shaky or even unrealistic these days....
Why? Just speak to those in their 40s now and ask them if they see that coming in 15/20 years' time....
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