It wouldn't surprise me if older people aren't being targeted for remarriage by people looking for someone with kids, for precisely this reason.
Do you know how rickety their retirement funding is? Do you understand how much a care home costs?
You can bet Daddy's New Squeeze has done the math. 1 child can be worth more than $1 million.
And if that child has Bitcoin...
Exactly, they think to themselves “why get a brand new kid when I can recycle ?”
Skip the messy bits, go straight to graduation!
Fr fr!
Yeah, I spend a lot of time with elderly people, so I get to hear all the gossip. 😂 People be gold-digging kids, nephews and nieces, grandkids.
"Dan is remarrying?"
"That ole geezer? He can probably barely get it up and he'll be in a wheelchair by next year."
"Yes, but his son is a LAWYER and has a BIG HOUSE, and his daughter is married to an ENGINEER. And his nephew has his own plumbing COMPANY. And you know how tight he is with his nephew."
"Oh, that's smart, then. He'll be dead soon, anyway. And everyone needs good plumbing."
Yup.
Germans used to say that someone was "rich with children". There's a reason for that. They saw currencies rise and fall, and property be confiscated and houses burn down, and starvation plague the land, so that people would hand over gold for potatoes...
The people who had kids (who weren't very young) tended to be there, when the dust cleared.
Maybe but also pops has dementia and the fact he has someone who genuinely loves and cares for him is worth more than any inheritance.
His kids should love and care for him.
I do love him and do what I can. He lives quit far away.
Given th we chaotic nature of my own life, I think the current situation is better than me becoming a full time career for him.
There’s way more to the story than info I’m sharing on here!
But, given the care he needs and the situations I’m also dealing with in my own home. How do you suggest I manage the cost of two households whilst caring full time?
This is a problem you may face again, at a later date. That's the thing.
I know, I’ve taken steps to help reduce the potential impact, I no longer drink alcohol, I’ve adjusted my diet and I keep up with research on the topic.
No, I mean, she may be the issue, at a later date. That's common enough.
You've basically taken on a debt, in the hopes of delaying payment so long that she dies before she can cash it in.
Ah I see, well she has two sons and her family are pretty close so I imagine they will be on hand for her. I'd still help out a bit but the bulk of the responsibility is with them.
Hopefully neither get to a stage where they are unable to function at all without help. It's a sad time in many ways but such is life. We all live, we all die.
Then you're taking on a good debt.
I don’t look at it in that way, sure I could go all Mises on the situation and see my dad as a purely economic unit. I choose to see it differently though, it’s family.
I think that sounds really nice, but at some point someone has to actually fork over money or perform some work. Family is a real, concrete institution with real, concrete obligations. Family is not something described on a Hallmark card.
