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TopicShould your 24 yo child living at home pay rent?
pnut027
10/29/23 9:15:29 AM
#40:


Cuticrusader09 posted...
A mortgage on a house is the same no matter how many people live in it. Food expenses will be a bit higher but I dont see them as something that really would have a material effect on retirement.

I do not plan on charging my girls rent or kicking them out.
The money isnt the issue. My kids just arent going to be bums who dont think they dont have to contribute to resources they are using. Boomers and gen x already screwed that up for us. Our kids need to learn social, fiscal and environmental responsibility.

When the kids are grown, I plan to downsize the house. Currently we own a 5 bedroom, 3 bathroom home for us and our 4 kids. We dont need that once they are out of the house. I plan to retire early and a step towards that is not paying $2500/month for space we no longer need. I refuse to work until I die.

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