Lucky for me my parents were both “I didn’t save anything for retirement, my kids will take care of me when I’m older”, so I don’t have to suffer through this.
Lucky for me my parents were both “I didn’t save anything for retirement, my kids will take care of me when I’m older”, so I don’t have to suffer through this.
Inheritance is a stepping stone to get out of poverty over generations. If the next generation can build upon it.
I feel like inheritance is more something that keeps the rich rich and not something that makes the poor not poor. In a sense, other people inheriting things is (a part of) what keeps poor families poor.
Inheritance from who? Your poor parents?
The family financial obligations have become obliterated in American society. It is no longer the case that parents are expected to help their adult children establish themselves in a home and it is no longer the expectation that adult children financially care for their parents.
The loss of an inheritance is part of that.