I'm 30 and have a strong job that makes good money ($75k/yr), but my dad makes a lot of money, has saved a lot of money, and unfortunately has a wife that doesn't want to do anything with her life besides watch TV.
He saved responsibly for retirement for he and my mom to travel and such, and she's saved money too, but he's pretty much accepted that when he's forced into retirement in 5 years, he's going to be stuck at home all the time, and won't ever use what he's saved.
He and I both pretty much agree that life is short, and he's telling me that he's living through me vicariously, while I travel and go on adventures.
Should I be refusing his money, or graciously accepting it?
I'd probably accept it, because it seems like he genuinely wants you to have it. But maybe try to plan some trips with him or something so that you can both have some cool memories?
no it's what family does
First of all, he obviously loves you very much. A way to combine being gracious and accepting any money or gifts he gives you is to include him in the spending/adventures somehow. I'm guessing your dad is pushing 60 or 70? I bet he'd love a three day weekend with you (no women) going on some adventures together.
Fishing, camping, hunting if he's a man's kind of man. Or maybe something like Washington DC or Boston if he's an American history buff. If he's really doing financially well, maybe fly to Europe and see London or Paris or something.
I think it would be a great, great way to grow closer and maybe allow him to feel some pride about seeing what a cool man you've become. Plus, unless he's active in a lodge or a Freemason or something, I bet he doesn't get a lot of "guy time." It'd be nice.
Something to consider.
>>18091324
He turns 60 this year, and we have the same birthday. He's a pilot for American Airlines, so he travels more than I could ever treat him to. Flew F-16s in the airforce when I was a kid. He has five more years of flying before he's forced to retire.
He and I travel together frequently - road trips to football games, grabbing beers together, that kind of thing.
I'm his only kid though. He misses his dad, who died about five years ago.