https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Tue, 19 May 2026 23:23:18 +0000 https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546736 Fri, 04 Apr 2014 14:21:11 +0000 LuLu Mom 1546736@https://boards.hellobee.com/ <p>We have 401K plus stocks/private savings. We will not be asking our children for money. We will also have family farm money when we retire. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546473 Fri, 04 Apr 2014 12:58:55 +0000 annie624 1546473@https://boards.hellobee.com/ <p>We both have 401k plans. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546464 Fri, 04 Apr 2014 12:55:59 +0000 Mae 1546464@https://boards.hellobee.com/ <p>@snowjewelz: Hope for the best, plan for the worst ;) </p> <p>@Rainbow Sprinkles: do you think that comes from pressure from her parents? Or internal pressure? I mean, I would not significantly compromise our quality of life to do so-- but if I was able I would LOVE to make a grand gesture like that for my parents. Not that they'd accept it probably. But I still think the huge difference is a self-motivated desire to give back v. an entitlement. Maybe that's just how my family works though. I was always the kid telling my mom not to buy me stuff because she didn't need to spend the money, and she's always said I'm easy to spend money on because I expect nothing and am grateful for everything. I think entitlement is just a huge turnoff for me. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546455 Fri, 04 Apr 2014 12:53:53 +0000 swurlygurl 1546455@https://boards.hellobee.com/ <p>We have a lot of investments and retirement accounts. We are planning on living better when we retire than we do now!<br /> We are counting on no SS money, so if we do get any when we retire it will be a wonderful bonus. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546439 Fri, 04 Apr 2014 12:49:33 +0000 Rainbow Sprinkles 1546439@https://boards.hellobee.com/ <p>We have 401k plans and some investments.</p> <p>I think this might be a cultural/family thing, though (though I am not certain). </p> <p>I was just talking to my girlfriend and she was telling me about how her husband is begging her to quit her job to be a SAHM. She works for her parents' business. He said it is too stressful to have her working full time and they could afford for her to stay home. She told him "Pay off my parents' house, and I will stay home."</p> <p>WOW! I can't relate to this at this point in my life because my parents are in the peak of their careers and are much better off financially than I am right now. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546433 Fri, 04 Apr 2014 12:47:28 +0000 illumina 1546433@https://boards.hellobee.com/ <p>We haven't saved anything yet. We do have savings but the plan for those is to put as much as we can down to buy a house, so taking out as little mortgage as possible, paying that off quickly and then focus on retirement. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546414 Fri, 04 Apr 2014 12:42:58 +0000 snowjewelz 1546414@https://boards.hellobee.com/ <p>I sure do hope social security is still around has money in it 30 years from now though... I would like to get something after contributing for it my whole life! </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546410 Fri, 04 Apr 2014 12:41:57 +0000 Cole 1546410@https://boards.hellobee.com/ <p>We have started saving but need to become more aggressive. We should be fine though barring any extreme unforeseen circumstances. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546408 Fri, 04 Apr 2014 12:41:27 +0000 looch 1546408@https://boards.hellobee.com/ <p>We have all of the above, plus insurance policies.</p> <p>I just hope we're in a boom cycle when we retire. I also realize I am heavily weighted in some company stock and I don't want that to go the route of Enron, so I am slowly diversifying. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546397 Fri, 04 Apr 2014 12:32:48 +0000 Adira 1546397@https://boards.hellobee.com/ <p>We both have 401ks, IRAs, and private investments. Assuming the stock market maintains the course, we'll be fine in retirement. *knocks on wood* </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546373 Fri, 04 Apr 2014 12:24:18 +0000 Bookish 1546373@https://boards.hellobee.com/ <p>We both have 401ks through our jobs that we contribute to, and plan to open a Roth IRA next year. I don't want to rely on Social Security, and I definitely don't want to depend on my kids. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546363 Fri, 04 Apr 2014 12:22:12 +0000 Mrs. Jump Rope 1546363@https://boards.hellobee.com/ <p>We have the same thought process as you. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546360 Fri, 04 Apr 2014 12:20:58 +0000 sunny 1546360@https://boards.hellobee.com/ <p>401k, IRAs as well as non tax advantaged investment accounts. I think the best gift I can give the kids as adults is for us to be completely secure in our finances so they never need to worry about us. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546359 Fri, 04 Apr 2014 12:20:46 +0000 Mrs. Lemon-Lime 1546359@https://boards.hellobee.com/ <p>We both have 401k, small pensions, and my IRA. We also plan to use Social Security if it's still around. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546356 Fri, 04 Apr 2014 12:20:13 +0000 cmomma17 1546356@https://boards.hellobee.com/ <p>I voted other.</p> <p>I have a few things started and so does DH (from my current and former jobs). 401k, pension, etc. However, I wouldn't say we have a really solid plan, or that we are maximizing these benefits. We need to work on this in the near future, but debt payoff is our current money task. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546351 Fri, 04 Apr 2014 12:18:00 +0000 ShootingStar 1546351@https://boards.hellobee.com/ <p>We both contribute to our 401ks and I expect I'll probably get a fairly sizable inheritance from my parents. I would never expect my kids to be in a position to help me. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546342 Fri, 04 Apr 2014 12:13:23 +0000 Littlebit 1546342@https://boards.hellobee.com/ <p>I voted for I haven't started saving yet and 401k. I just set my 401k up on Friday - so no money yet! My husband has had a 401k for years, though (he's quite a bit older than me). </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546334 Fri, 04 Apr 2014 12:10:38 +0000 78h2o 1546334@https://boards.hellobee.com/ <p>Definitely don't expect kids to take care of me. In this day and age, lots of people are taking care of their grown kids! </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546327 Fri, 04 Apr 2014 12:07:42 +0000 mediagirl 1546327@https://boards.hellobee.com/ <p>We both save for our retirement so we can live comfortably for as long as we need to when we are ready to retire. I would never, ever, ever expect my kid to take care of me. Same goes for our parents. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546324 Fri, 04 Apr 2014 12:06:13 +0000 lawbee11 1546324@https://boards.hellobee.com/ <p>We both have 401(k)s (well, technically DH has a 401(a)). I'm not expecting my LO to take care of me...I would actually feel really guilty if it came to that. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546321 Fri, 04 Apr 2014 12:05:29 +0000 BSB 1546321@https://boards.hellobee.com/ <p>401k and investments for us. </p> <p>No I would not ask my kids for money. Unless something really bad happened. </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546320 Fri, 04 Apr 2014 12:05:23 +0000 littlek 1546320@https://boards.hellobee.com/ <p>401k - both of us<br /> IRA- DH<br /> Private savings and investments- both of us<br /> Pension- both of us</p> <p>I won't plan on social security being around </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546316 Fri, 04 Apr 2014 12:03:04 +0000 snowjewelz 1546316@https://boards.hellobee.com/ <p>401k/IRA<br /> Savings (that I need to start investing!) </p> <p>I won't bank on my kids to support us at all! </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546314 Fri, 04 Apr 2014 12:02:13 +0000 Mamaof2 1546314@https://boards.hellobee.com/ <p>401K - both of us<br /> Private savings - both of us<br /> Military and Govt retirement - DH</p> <p>I think we will have plenty of money! </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546312 Fri, 04 Apr 2014 12:00:47 +0000 mrsjyw 1546312@https://boards.hellobee.com/ <p>401k/ira and private savings/investments </p> https://boards.hellobee.com/topic/whats-your-plan-for-retirement-would-you-ask-your-kids-for-money#post-1546308 Fri, 04 Apr 2014 11:47:48 +0000 Mae 1546308@https://boards.hellobee.com/ <p>Spinoff of the thread re: parents asking their kids for money. </p> <p>Do you have a plan for retirement? Are you counting on social security or are you also saving money otherwise? Do you expect that your kid(s) will financially support you later in life (under regular circumstances, not talking about a serious unexpected hardship situation). </p> <p>For us: We don't count on social security at all. Both DH and I started saving for our retirement with our first jobs out of college. Currently we just do 401ks/IRAs but as we get older/more financially secure we hope to invest some money beyond traditional retirement funds as well. We definitely do not expect our LO to ever give us money. </p>