[mykalberta]

I have to agree with Money Guy, especially on the Grandmother early inheritance dispersment example. If her memory is failing she needs to legally appoint someone soon to oversee her affairs before she is legally unable to tend for herself. When people are living into their 90's and they might need 20+ years of care that can drain any savings very quickly.

My family had go through this with an Aunt (alzheimers) and and it was not a pleasant ordeal.

I can vouch for the number of my age bracket mouchers there are out there who are still living off their parents dime. If you are 24+ its a joke if you are still living with your parents. To see these guys buying Audis and yet living rent free in their parents basement is just odd. Other than summers durring Uni I havent lived with my parents since my last year of high school.