Parents, the Children Will Be Fine. Spend Their Inheritance Now

The New York Times

Once people hit retirement, they do not know how long they will live or how long their money will last. Still, the vast majority of retirees with children cling to an intention to leave something behind, even though many of those offspring have no expectation of receiving an inheritance.

This parental instinct might seem loving and generous, but there is another way to look at it…

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