[quote=Rustico]It seems like nobody is in favor of a semi- retired 33 year old with kids and no mortgage? I wonder if he asked his kids what they would say?

Do you want daddy and mommy to have a ton of time for you, or do you want them to make more money?[/quote]
Is it really that black and white? How about, do you want daddy and mommy to have a ton of time with you, but you’ll be on your own in financing your higher education and there’s a good possibility you might need to take care of us when we’re old because you didn’t save enough, or do you want your parents to make enough money to support them when they enter higher education and can afford to have 1 parent stay at home while the other work close enough to come home for lunch everyday?

Again, $500k is not even close enough to pay for everything, especially if you’re in your early 30s and have a chance to live till they’re 80s or 90s. That’s 50-60 years. That’s $8k-$10k/yr. Can you live with $8-10k/yr indefinitely? Also, you better hope there’s no inflation for the next 50-60 years. Also, the hospital cost w/out health insurance is going take a big chunk out of that $500k. Be prepared to pay ~$30k/child birth.