[anonporridge]

Of much greater concern to me is the stability of my income potential in a world that's increasingly automated and career stability is gone.

I feel like my default is no children, and that will only change if and only if I reach a level of wealth that I can feel very comfortable committing to the ~18 years of directly raising a new human, the 4+ years thereafter for continuing education, and all the costs associated with raising a well experienced and skilled human so they can have a chance at generating their own wealth.

However, I also think inheritance is mostly a curse on people who receive it, so if I had children, I would raise them with the explicit expectation that I will pay for their education, but will likely have a hard cutoff of financial help after a certain milestone or age. And they can expect 0 inheritance.

[14]

The opportunities for our children is dwindling. I am a full time health care worker who works lots of overtime and I can not even come close to affording a house that fits me and my kids. I am desperately trying to save up but would need $100k to even get my foot in the door at today’s market. To hear you say you would want to cut your child off seems so foreign to me. I want to get ahead enough in life that I can leave my kids with something. That is why in fact I just 2 weeks ago saw a financial advisor and am working on getting life insurance. I want to make my kids life a little easier then mine and with the way things are every cent I can leave them will help a lot. Hard work is not enough to do well in life anymore. Trust me my next check has 157 hours of pay coming. I still am not financially well off.

[anonporridge]

Part of the reason opportunities are dwindling is because generational wealth is accumulating more and more resources and rent seeking from the plebs who toil to survive. If you're not born into that club, it's very unlikely you'll enter it.

[manmal]

Can you inherit zero? Where I live, there is a mandatory minimum inheritance for children - I think it’s 1/6 of the total?

Cutting off financial help might result in them feeling stuck with their past choices, resulting in depression etc - I wouldn’t do that. Many successful entrepreneurs come from supportive households.

[anonporridge]

I've never heard of a law like that.

Where I live, a person has full discretion on who inherits their estate if they explicitly write their will. Your offspring and next of kin are the default inheritors, but can be excluded if you explicitly say so in your will.

[manmal]

> Under Austrian law children (including adopted children) and the spouse are entitled to a "reserved portion". The children´s and the spouse´s "reserved portion" has to cover at least half of the portion they would get in the case of intestacy.

https://www.globalpropertyguide.com/Europe/Austria/Inheritan...

So I wasn’t right about the fixed part, it very much depends on whether there is a spouse to inherit it to.

[boppo1]

I'm 30 and lived with my parents until I was 26. Not gonna lie, it made me soft.

When my kids turn 18, we'll fight to the death in the backyard. If they win, they get my stuff. If they lose, I'll have some more & repeat the process. Don't think I'll be around long enough for a third go.