Reply to Parents being flippant about inheritance

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Reply to "Parents being flippant about inheritance - is it a trend?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I bet it’d hurt more to have parents who have no money and can’t afford their senior years, how about some perspective?[/quote]

Depends on your definition of "hurt" I guess.

Parents who tried as hard as they could but just couldn't make it?
vs
Parents that had everything but just didn't give a damn.[/quote]

My point is that it’s your parents money, why not be happy you don’t have to take care of them monetarily? My parents have money saved and my dad retired at age 60. They paid for my college and my weeding. They do not believe they are obligated to give my kids money for college nor have they ever helped me when we had financial struggles. I don’t hold it against them, it’s THEIR money. I’m glad they have it and can live the life they want (which is not grandiose).

If they had something left over after their passing, it would be a gift but it’s not expected. It’s such an odd attitude these folks with family money have.[/quote]

You are focused on the oney-- the OP isn't about the money so much as they people talk about money in hurtful, rude, and off-putting ways.  I suspect talking about about money like this is a way to pushing people away because they are embarrassed at how they are aging.  Also its a control thing-- manipulative.  As said previously, they are losing control in other ways.  [/quote]

OP - and yes. I don't feel like my parents are trying to exert control/manipulate necessarily, but totally agree that it has something to do with their loss of control and concern over the future. I would want them 100% to spend everything they have for their own support. I don't really care if they leave an inheritance. It's more the remarks, which are out of character.[/quote]

If they are just making remarks and not spending frivolously, it could be coming from a place of concern about having enough money to live on the rest of their lives. I think a lot of people in the 60-70 year old range are coming to the realization that they can't work much longer and the money that they have saved isn't going to go as far as they hoped. We have had very high inflation over the last few years combined with instability in the stock market. That's very stressful for people who recently retired or are about to retire but could realistically live another 20-30 years. [/quote]

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