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To: cajungirl; All
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?
55 posted on 08/21/2009 8:15:26 AM PDT by mountainfolk ( God bless America and our Republic)
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To: mountainfolk

And why save money for children who start to regard parents as a drain on their resources.

I think this group, I am in the war baby group just prior to the boomers, has been generous with children, saved money and as you say have been determined to not burden our children.

I don’t know about the boomers but my group has given and given to the younger ones and paid taxes at higher levels than now and has contripbuted.

I have always said we should have an account,,medicare plus social security, and at the end balance it with reasonable credits for what you have paid in plus interest over the years. And at death, if you owe more, pay them out of any estate. If you don’t, you get paid back to your estate.

Maybe that would make this damn thing work.


62 posted on 08/21/2009 1:21:58 PM PDT by cajungirl (no)
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