Warren Buffett has $145 billion dollars. How much is he planning on giving his kids? > _“Enough so that they can do anything, but not enough that they can do nothing.”_ (Translation, $1 Billion per kid.) Now your Boomer parents have way less. But they’re sitting on giant homes. They’ve locked in super-low interest rates. And their 401ks are on fire. So what does that mean for you? ![Blog post image](/images/blog/image-1024x899.png) ## New to RadReads? Hi, I’m Khe Hy. Nearly a decade ago [I quit my 7-figure job on Wall Street]() to become a writer. I explore topics like [money](), [happiness](), [ambition](), [relationships](), [productivity]() and [more](). I also host [The Examined Life Podcast]() where I explore life’s thorniest questions with a different guest each week. My newsletter is the best way to experience my work. Sign up here: ## Die with Millions? A dollar loses its value as you age. In Bill Perkins’ provocative book, Die with Zero, he describes [this declining utility:]() If you gave a 90 year old $1 million, there’s not much they could do with it. If you gave a 21 year old $2,000 — they could go on a trip they remember forever. If you gave a 35-year-old $250,000 it could firmly level up their finances [with a down payment.]() And do you want to be the person who dies with the biggest bank balance? ## I’d rather bounce that last check But ultimately, this is a question of principles. * Self-reliance * Fairness * Progress * Legacy Personally, we’re focused on our children’s education and maybe [a little bit of help in their 20s.]() But ultimately, it’s about love. I’m not convinced a blank check is a true testament of love. But neither is complete avoidance. ## Are you a high-earner going through a career transition? Find purpose, navigate money scarcity and reimagine ambition with our Group Coaching program. [Apply today]()