Quote:
Originally Posted by Cowperson
Lots of Boomers are on the "Inheritance Retirement Plan."
The greatest transfer of wealth between generations in history is upon us in the next 20 or 30 years.
I know too many people on "The Inheritance Retirement Plan" and the parents they're depending upon.
Cowperson
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The reality is that most Boomers have spent the last 40 years living the high life. They spent all of their money/credit, spent all of their kids money/credit and intend to retire on their inheritance.
I think they should be forced to live a simple, meager life as a way of trying to balance the scales. Simple homes, simple meals, simple entertainment. Want something extra......find your own cash.
/rant
(Sorry - this sh*t just infuriates me)