‘He never asks for anything’: I’m 61 with a $1.5 million 401(k). My girlfriend says I do too much for my son, 28. Is she right?
Summarize this article with:
‘He never asks for anything’: I’m 61 with a $1.5 million 401(k). My girlfriend says I do too much for my son, 28. Is she right?Listen(8 min)Listen(8 min)My longtime girlfriend and I are in disagreement on how much help we should give our adult kids. She and I live separately and, of course, have separate finances. I am 61, have $1.5 million in 401(k) investments and put in $80,000 more a year. My house is almost paid off. I plan to work until I am 65. My 28-year-old son, his girlfriend and their baby live with me rent-free. They do buy groceries and help with upkeep of the house. My son is very hardworking and is very responsible, with outstanding character. I recently gave him $20,000 for a newer car and had him finance the rest. He never asks for anything. About the AuthorQuentin Fottrell is MarketWatch's Managing Editor-Advice Columns and The Moneyist columnist. You can follow him on Twitter @quantanamo.Copyright © 2025 MarketWatch, Inc. All rights reserved.