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Alex on X
11.1K posts

Alex on X
@CallMeAlexOnX
Jesus Christ IS King. God, Family, Country. ✝️Kingdom Driven. I'm usually right about everything. Go Broncos. Go Beavers.
Katılım Eylül 2023
3.7K Takip Edilen2.3K Takipçiler

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@AnneAmbroseLMT @buggy_ridge @KurtSupeCPA 🙏 Sorry for my first post. Didn't mean to single you out. You have a good heart. People can be cruel.
Alex on X@CallMeAlexOnX
@AnneAmbroseLMT @KurtSupeCPA @AnneAmbroseLMT I need to apologize to you. I think your heart was in the right place and I appreciate what you responded. I didn't mean to single you out. 🙏
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@CallMeAlexOnX @buggy_ridge @KurtSupeCPA It’s okay. I wasn’t trying to say that parents shouldn’t help kids. I get that the world is hard now.
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Couple comes in for their annual review.
$2.8 million. Well invested. Solid Pension. Completely on track.
I ask the question I ask everyone.
"How is your daughter doing?"
Mom's face changed first.
Their daughter is 39. Hasn't asked for anything. Never complained.
But she's been in the same apartment for six years.
Daycare alone is $1,800 a month. Down payment feels impossible.
Dad said "we always figured she'd get it eventually."
I pulled up a simple chart.
Statistically they live to 88. She inherits at 56. Maybe 60.
At 60 her own retirement is eight years away.
The money that could change everything at 39 arrives when her finish line is already close.
Neither of them had ever seen it framed that way.
The annual gift exclusion is $19,000 per parent per child.
They can move $38,000 a year to her. No gift tax. No estate implications.
Over ten years that's $380,000 transferred while they're healthy enough to watch it matter.
Dad looked at his wife.
"Why are we waiting?"
Most families leave everything at death because nobody showed them the math of giving it while they're alive.
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@AnneAmbroseLMT @KurtSupeCPA @AnneAmbroseLMT I need to apologize to you. I think your heart was in the right place and I appreciate what you responded. I didn't mean to single you out. 🙏
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What a selfish boomer response.
My parents are not wealthy, and they wish every single day they could help my wife and I. But I work hard and am building up so that I can make sure my children are set up for success.
But most boomers who do have wealth want to blow their savings on cruises and worthless things.
I want to use every penny to help my future generation build wealth and learn how to be successful. I want my children to thrive and teach them to pay it forward.
We are not the same.
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@buggy_ridge @CallMeAlexOnX @AnneAmbroseLMT @KurtSupeCPA Weird flex. I’m the first investor in anything my children want to do. It has to make sense on paper. Why wouldn’t you want to invest in your kids? Maybe it’s a you problem that your son has never brought an investment opportunity in himself to you.
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@CallMeAlexOnX @AnneAmbroseLMT @KurtSupeCPA I literally googled to confirm that there are, indeed, beavers in Oregon. (I figured there would be, based on the climate)
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@CallMeAlexOnX @AnneAmbroseLMT @KurtSupeCPA My kid's @binghamtonu University has a T-shirt: Football, Undefeated for 46 years!! (They don't have a football team, hence them being undefeated!!)
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@docstaff @AnneAmbroseLMT @KurtSupeCPA Oregon State University (Beavers). Went there for college. They're pretty awful at football right now, but they have a great baseball team.
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@CallMeAlexOnX @AnneAmbroseLMT @KurtSupeCPA Btw, your kids are lucky to have you.
Ps, looked on your profile. Who are the Beavers?
My state (NY) animal is the Beaver!!
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@CallMeAlexOnX @AnneAmbroseLMT @KurtSupeCPA I don't really think most boomers are like that, it's more a lack of knowledge (they probably weren't gifted money by their aged parents). The OP is posting for precisely this reason, to show people what you already know: you can help the future generation build wealth/success!
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@Barbarish11 @AnneAmbroseLMT @KurtSupeCPA That's okay to do if your kids don't need help. If they're good, then yes enjoy your retirement a bit. I'm more concerned with the kids who are really struggling right now.
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@CallMeAlexOnX @AnneAmbroseLMT @KurtSupeCPA I do not disagree. Then you get older and your children have families of their own and you begin to travel and do things maybe you couldn’t afford to do before because you were saving for college and weddings for your children.
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@AnneAmbroseLMT @buggy_ridge @KurtSupeCPA Appreciate that. Sorry to call you a selfish boomer. My frustration got the best of me.
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@CallMeAlexOnX @buggy_ridge @KurtSupeCPA Alex, I applaud you! I am not a boomer as most folks think. My parents didn’t have much to offer financially, but they instilled in me to work hard for the things that I wanted. Helping your children is a wonderful thing!
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@Barbarish11 @AnneAmbroseLMT @KurtSupeCPA The greatest joy come from living and making memories with your kids.
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@CallMeAlexOnX @AnneAmbroseLMT @KurtSupeCPA Blow their savings on stupid shit like living and making memories.
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@KindaWannaYell @buggy_ridge @AnneAmbroseLMT @KurtSupeCPA I think so. I would want to help my children thrive. Our home is always open for them if they need us.
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@buggy_ridge @CallMeAlexOnX @AnneAmbroseLMT @KurtSupeCPA Instead of name calling maybe we should root our beliefs and actions in the Bible.
The Bible calls us to build generational wealth to hand down to your children’s children.
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@buggy_ridge @AnneAmbroseLMT @KurtSupeCPA I am very successful and I make my own way. I have never asked for a penny from my parents. And I never will. But I'm not going to let my children struggle in this life when I can help them out.
Maybe read my original post again.
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@CallMeAlexOnX @AnneAmbroseLMT @KurtSupeCPA You're a selfish loser. Earn your own way. My son is 25 and never asked me for a cent. Never once heard him talk like you. City kid?
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@SuperrNova38 The amount of people that don't understand this is tongue and cheek just baffles me. 😂😂😂
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I wonder if Denver thought about this.
Pretty risky making deals to improve the roster when Mahomes is still in the division.
Timo Riske@PFF_Moo
From the Broncos perspective, I kind of get it, but that's a lot of chips on the table given that you're still in the same division as Patrick Lavon Mahomes the second
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@JeffDLowe Dune 3, The Odyssey, Avengers Doomsday.
Holy smokes. This is gonna be a crazy year for cinema!
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#DUNE: PART THREE TRAILER THOUGHTS:
One of the greatest things these eyes have ever seen. I’m beyond hyped. Give it Best Picture. Give it the Lord of the Rings treatment. Get me to December!!!
Project Big Screen@ProjBigScreen
BREAKING: First trailer for DUNE: PART THREE starring Timothee Chalamet, Zendaya, Robert Pattinson, and more released Hitting theaters and IMAX on December 18th. Thoughts?
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@PillenEmSoft @alphafox I would add the honey into the eggs and milk mix before breading it. Just heat it up in a saucepan or oven, then mix it in. You could also drizzle honey onto the already battered chicken before putting in the oven.
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@CallMeAlexOnX @alphafox How do you use honey in a dry ingredient flour mix?
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@dom_lucre Britain reminds me of Star Trek: First Contact. Enterprise destroys the Borg ship and then they get infiltrated and taken over by that same Borg.
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