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[quote=Anonymous][quote=Anonymous]My brother and I kept urging my parents to spend more money on themselves or donate more. My mom died recently with $3M in Inherited stock in her name only, yet she was always trying to find deals at Ross and TJ Maxx. You just can't take that frugal attitude out of people. At least my dad made a $15,000 donation to the Naval Academy Alumni Association recently, but he still has several million in investments. He's 90, so the only major expenses he is going to have will be for assisted living or memory care. He also gets $6,500 a month in pension income, so that would cover a good portion of his long-term care needs. [/quote]

I see this attitude as why generational money quickly evaporates. Nothing you wrote tells me your parents were struggling or unhappy with how they spent or saved. My guess is your mom did not get joy or care about high end clothes. Did they lament about not being able to have x or y? Did they say “if only” we could afford a, b,c - and they could have the whole time? Or is it just that they did not spend their money as you would have spent it had it been yours? [/quote]

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