[cajungirl]

Heh heh,,as a senior I agree. But most don’t. And when the seniors are told no, I suspect the big inheritances that their kids get will start to dry up as they spend down capital rather than save for the kids.

The big unspoken of issue is that the great nmiddle class is leaving money to their kids,,maybe in small amounts, fifty to a hundred grand, maybe in larger amounts. And that is going to be tapped one way or another. But make this generation mad, my generation, who has paid for school, college, wedding, cars, downpapyments for the kids houses, make us mad at your peril.

If my kids started to talk about their parents as people who live swilling at the trough after a lifetime of work and savings, I would spend down every cent of every account rather than leave them a dime.

So careful there if Aunt Mary or Mom and Dad have you in their will.

[mountainfolk]

I think you are right about inheritance dollars drying up as seniors supplement their retirement income with their savings to deal with inflation. IMO, many seniors have hung on to savings for survival reasons. We figure that we help our children by not having to depend on them for ANYTHING. It is often the reverse for a lot of us. If our savings are to be diminished or obliterated by the socialist democrat administration that controls our government, and OBAMACARE dominates end of life health considerations, it is obvious that at some point those prudent and resourceful seniors will no longer concern themselves about leaving a financial inheritance to anybody. Why save money for RATS to spend?