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The 'wealth transfer' from boomers won't save Gen X and millennials
(www.nbcnews.com)
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this post was submitted on 30 Dec 2023
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Gen X as well, and never expected an inheritance. That just seems so wrong to be looking forward to a loved one passing. When my Mom brought it up, my brothers and I each said individually that her savings are for her, not to leave us.
My teens may be too young to think in those terms but their best bet is for me to kick off now while they’re in college and I have huge life insurance to cover that. I’ve never talked in terms of leaving an inheritance and am certainly more worried about how to afford living out my retired years
Yep. Same here. That said, both of my parents are already deceased, and I don't have anything to show for it, which is fine, since I never expected anything in the first place.
I'm going to try to do better for my daughter.