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Reply to "Do you cut back on 401k/IRA saving if you expect to inherit millions?"
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[quote=Anonymous]I’m not rich, don’t expect to inherit from rich relatives, and have no financial expertise, so consider this opinion in light of all that. I think that until you actually inherit the money, you shouldn’t count on it. They might change their will. They might lose it in bad investments. They might need the money or decide they want to enjoy it while they’re able. It seems to me that if they wanted you to be able to count on getting money, they would have established a trust. Short of that, it’s theirs to dispose of as they wish, and there’s no guarantee that will include you. [/quote]
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