Hi all,
I am one of four adult children. Over the past decade my youngest brother has received a lot of financial support (as well as time and emotional support) from my parents. For example:
- Two years ago, my parents bought a property outright for him costing £500,000. In the past decade, myself and the other two siblings were all given very generous gifts of £125,000 each to get us on the property ladder (at the time we were told that we would receive the same amount "in the interests of fairness"). I know these are very significant amounts of money, so please don't see this as a complaint(!), but it's more about the issue of fairness.
- In the last decade my little brother has had several jobs but has had his car payments, mobile phone, and other expenses paid for by my parents. He has had regular holidays abroad with friends, many of these also being funded by my parents.
- He was in a stable job but has recently left it, and has decided to go travelling for three months. This is being funded by the rent money from tenants in the property that was bought for him.
I have three main concerns:
(i) The principle of fairness: am I wrong to feel pretty hurt that we seem to have been treated differently compared to our youngest brother?
(ii) That my little brother is taking advantage of my parents: Any time where I have even hinted that my parents are indulging or enabling my brother's lavish lifestyle have not gone down well, and indeed they seemed to act more cooly with me for some weeks afterwards. I am concerned that this kind of lifestyle will not change any time soon.
(iii) Retirement funds: I am concerned that my parents may not have enough money to support themselves in retirement. My dad was planning to retire this year but has already pushed back that date (he's a self-employed businessman), due in part to the higher financial costs that he has incurred in recent years supporting my brother.
I love and respect my parents, and most of the time we get on really well. But communication with them concerning my youngest brother has become quite fraught – for example, I have never even mentioned to them how hurtful it was to us when he had the expensive property bought for him. It is worth mentioning that my little brother has had mental health issues over the past ten years, which is why I think they have tended to be softer towards him.
Am I being unreasonable?? I really appreciate your advice. Thanks,
JJ132