Current Events > Thinking of having my kid do my lawn/yard maintanence

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Dan_Haren- 04/05/23 10:16:45 AM #1:	Once he's old enough, he can do the yard maintanence like mowing the lawn, trimming hedges, pulling weeds as well as pool maintanence. I'll pay him a bit above market average. Open a roth IRA for him and match everything into his roth. Not sure when he'll be old enough to do it, maybe 8 or 10 years old? But imagine he does that for like 5 years, He'll have like 50k ish deposited into his roth ira by then. By the time he's 60 it'll be like >5 mil in retirement from compound interest of that alone, adjusted for inflation it'll be like 1.5 mil in todays dollar. <cite>Dan_Haren- posted [p:972651477] in Thinking o... [t:80402951]...</cite> <quote>Once he's old enough, he can do the yard maintanence like mowing the lawn, trimming hedges, pulling weeds as well as pool maintanence. I'll pay him a bit above market average. Open a roth IRA for him and match everything into his roth. Not sure when he'll be old enough to do it, maybe 8 or 10 years old? But imagine he does that for like 5 years, He'll have like 50k ish deposited into his roth ira by then. By the time he's 60 it'll be like >5 mil in retirement from compound interest of that alone, adjusted for inflation it'll be like 1.5 mil in todays dollar. </quote> ... Copied to Clipboard!
roos1046_Reborn 04/05/23 10:20:27 AM #2:	This will happen --- When did I realize I was God? Well, I was praying and I suddenly realized I was talking to myself. http://i.imgur.com/FoV5u.gif <cite>roos1046_Reborn posted [p:972651529] in Thinking o... [t:80402951]...</cite> <quote>This will happen </quote> ... Copied to Clipboard!
The_Critic 04/05/23 10:24:22 AM #3:	8 year olds suck at lawn maintenance. By about 13 kids start getting ok at it. <cite>The_Critic posted [p:972651592] in Thinking o... [t:80402951]...</cite> <quote>8 year olds suck at lawn maintenance. By about 13 kids start getting ok at it. </quote> ... Copied to Clipboard!
Dan_Haren- 04/05/23 10:28:53 AM #4:	The_Critic posted... 8 year olds suck at lawn maintenance. By about 13 kids start getting ok at it. I see. I also don't want him doing too much of this kind of shit in highschool. HS is busy enough these days, you're swamped with homework, studying, and extracurriculars, and when you get free time you want to enjoy it with your friends, video games, or whatever else. <cite>Dan_Haren- posted [p:972651661] in Thinking o... [t:80402951]...</cite> <quote>The_Critic posted... </cite><quote>8 year olds suck at lawn maintenance. By about 13 kids start getting ok at it.</quote>I see. I also don't want him doing too much of this kind of shit in highschool. HS is busy enough these days, you're swamped with homework, studying, and extracurriculars, and when you get free time you want to enjoy it with your friends, video games, or whatever else. </quote> ... Copied to Clipboard!
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