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Moneywise

What Malcolm Gladwell's new book has to say about family finance

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  • Daniel Leifker San Francisco, CA
    Oct. 15, 2013 8:08 a.m.

    $75,000 is an ideal income? Seems to me that the ideal income would depend on how many children you need to get through college, your overall health, how much money you need for retirement, how long your retirement will last, and the cost of living where you live and plan to live.

    But based on many friends I have, I do agree on one thing: kids from wealthier families have special challenges and their lives can derail in very unexpected ways.