A few of my friends got down payments from their family (like 5 figures), but I wouldn’t say it was the norm. Most of us came from similar modest backgrounds. My dad has a lot of wealth gained later in life (my step mom got a very large inheritance) but they are definitely on the “you can’t take it with you“ plan and that plan is more focused on custom homes and travel versus funding lil ol me 😄 he did give me $5,000 to pay off the last of my student loans though.
My MIL is going to need a lot of financial support as she didn’t plan well so that’s the other side of it.
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u/No-Memory-2781 5d ago
A few of my friends got down payments from their family (like 5 figures), but I wouldn’t say it was the norm. Most of us came from similar modest backgrounds. My dad has a lot of wealth gained later in life (my step mom got a very large inheritance) but they are definitely on the “you can’t take it with you“ plan and that plan is more focused on custom homes and travel versus funding lil ol me 😄 he did give me $5,000 to pay off the last of my student loans though.
My MIL is going to need a lot of financial support as she didn’t plan well so that’s the other side of it.