After I reached that goal, I set a new goal of 3x the required income for financial independence with the intent of giving 2/3 of it to charity.I don't believe in leaving a massive legacy for my children.

(I have children that could no longer play in the backyard unless someone sat and watched them) i replaced the 15yr old garbage disposal out of my pocket so I wouldn't have to deal with the incompetent plummer again.

That I can make something of myself in this world, and give a better life to my children and If I am lucky to find great fortune, invest for the betterment of my local home town.What I can say to new investors who are looking to get started, be carful who you trust, and if you come from nothing like me understand nobody cares - and this lofty idea of chasing the American dream is an internalized emotion not many can relate to, especially in this field where some people some from old money, and have multi million dollars... they simply cannot relate to you.

How many adults or children?

You have 3 children and one just left for college.

We were informed that the property still has a mortgage of around 80k and the ladys children plan on letting the bank take the property.

Quote from @Stuart Udis: @Satyajeet Dodia  You are the latest to pay for their alarmist asset protection service provider's  holiday vacations and children's college funds.

.• How to think creatively about building wealth.Once at the property, the kids explored, asked questions, and saw firsthand how opportunities are created through smart investing.Involving children in real estate teaches them:• Financial literacy in a hands-on way.• Entrepreneurial thinking and problem-solving skills.• The confidence to believe they can achieve financial independence.It’s amazing how small moments like these can inspire the next generation to think bigger and dream bolder.How are you involving your family in your real estate journey?

I want to invest in the lives of my children. 

Operators tell me that the objection to the costs are from the children of the elder who don’t want mom to spend down her savings, fearing that she will run out of money and that there will not be any left to pass down to the kids.