Quote:
Originally Posted by CliffFletcher
Yeah, a lot of retirements are going to be funded by people receiving fat inheritances in their 50s.
|
While I agree with this, the reality is that a lot of that money is already spent. I just have anecdotal evidence on that, but when you realise the amount of debt and spending that people are partaking in, you have a pretty solid view of where those funds ultimately end up.