A reader (not pictured) asks how to tell their children that they don't plan on leaving them an inheritance. Curly_photo/Getty Images

Dear For Love & Money,

My husband and I are in our 60s, the baby boomer generation . Due to hard work over the course of our adult lives, we've been able to comfortably retire. Because my husband and I set them up for success, our two kids, now all grown up, are doing quite well.

We paid for a considerable portion of their college costs , their health insurance, and their car insurance until they moved out. We drove them to all the extracurriculars that helped get them where they are today, and paid for a couple of decades' worth of food, clothing, and shelter. They also got to have amazing life experiences, such as a two-week European vacation when they were teenagers.

Recently, we had them and their spouses over for dinner, and a lighthearted conversation came up about inheritances.…