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FT Edit
@ftedit.ft.com

Grandparents with money to spare while children struggle to pay their bills is a failure of resource allocation, argues columnist Jonathan Guthrie. Read the story on FTEdit 👉 on.ft.com/490F2dX Then take today's FTEdit poll 🗳️ on.ft.com/4oLBQHM

4 reposts13 likes

Ezlifelin
@ezlifelin.bsky.social

If parents don't pass on their wealth when their kids need it, atleast to some extent, it has more to do with their relationship than anything else. I help my adult child but I also know the cost of healthcare is skyrocketing and especially now under Trump - things like risk pools may disappear 1/2

Ezlifelin
@ezlifelin.bsky.social

as well as pre-existing condition rules so senior healthcare could rise dramatically in cost. Seniors need to keep enough to cover the lack of inflation protection in SS (never keeps up via Cola), the rising cost of healthcare and their risk, and the rising property taxes. Unless you're super rich..

Jane J
@jane2157.bsky.social

Rich oligarchs need to pay taxes. Finding people to be upset with should always start with the super rich. Grandparents have much less money than the billionaires.