Their goal is to leave each daughter with over $1 million by the time they are 30.
Related storiesI want my kids to be trust fund babies who see money as a toolI'm not of the belief that you should just hand your kids money.
Taxable brokerage accountThe second type of account we have for both of our daughters is a taxable brokerage account.
AdvertisementWe want to let the money that's being invested for them grow for quite some time, so they probably won't touch the brokerage account money until they're 22 and fully in the adult world.
AdvertisementI'd rather give my kids now than wait until I dieI think it's silly to wait to give our kids money.
Persons:
Brennan Schlagbaum, Roth, Budgetdog, — Logan, Ellie, —, that's, Logan, I'd, They're, we'll, we're, Jane Zhang
Organizations:
Deloitte
Locations:
Dallas, Fort Worth, Logan