Gut erev shabbos! Quick call to action! If there are any topics in finance that you feel confident in, please consider writing up an article for our community blog! https://frum.finance/read/ We will send it to a few advisors for peer review just to help you along with making sure all the details are right, and then you’ll get your article posted! Topic ideas to get you thinking: How to buy a car, should you send to camp, are 529s worth it, In town vs out of town expenses, what benefits you should be expecting from your employers, house hacking I’ll give a sneak peak to one I am working on: “Why you should aim to leave your children no inheritance”

Make sure you include gittin 47a

You're volunteering? 😉

I'll volunteer the citation -

כי נח נפשיה שבק קבא דמוריקא קרא אנפשיה (תהלים מט, יא) ועזבו לאחרים חילם

When he (Reish Lakish) died, he left over a kav of saffron. He said about himself "And they left their strength (or efforts) to others".

Reish Lakish was disappointed that he had left over a yerusha, even a tiny one.

I don't understand. Why would it be bad to leave every grandchild some money? It would help them buy a house some day and marry off their children. I'm assuming that my children will all have houses by then.

Because its inefficient to do that through inheritance. If you don’t want to wait for my article, you can read https://www.amazon.com/Die-Zero-Getting-Your-Money/dp/0358099765

I sent you a direct message about articles. I don't agree with "die with zero". I have at least three friends (older than me) who retired and weren't that happy. One of them is a professor and now he teaches a class or two he likes part of the year and travels part of the year. Another started doing some consulting and recruiting. It took him three tries to retire. A third was retired six months and then went back to his old job part time. He makes some money and has plenty of time to travel and see his children and grandchildren. I think if someone is healthy and has a job they enjoy most of the time, keep working. I think it's good for someone to stay engaged and it's nice to earn some money and help your grandchildren.

I don't think you read the book given your response. It has nothing to do with not working or retiring. I don't plan on retiring, but I do plan to die with zero. I don't see the connection at all.

I read the description at https://www.amazon.com/Die-Zero-Getting-Your-Money/dp/0358099765. I think it's hard to time things and die broke. There's a risk you live longer than you expect and run out of money. I think it's prudent to have a trust with enough money for a long life and if you don't need it all, it goes to your grandchildren.

I think you should read the book before giving any opinions in contradiction like that, which is directly addressed in the book.

My apologies - I think I was reading it too literally. I might read it, but I have a healthy backlog of things I want to read and write.

Totally understand😊

Here's an interesting article on 3 billionaires who died close to broke. https://www.inc.com/geoffrey-james/unlike-bill-gates-3-billionaires-gave-it-away-while-alive.html They chose to give it away where they wanted to while they could. It worked out better than others like Ford who created a foundation which gives lots of money to causes he likely would not have agreed with. This is off topic, but an interesting diversion.