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Reply to "If you knew you would inherit $6M, would you do things different?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Unless this money is in trust for you specifically, you don't know whether 6M will still be there when they die, OP. Your parents might live to 90 and need very expensive end of life care. Nursing homes can be 20K a month. We might inherit a few mil from our parents, but we're not including that in our budget.[/quote] That’s 25 years of $20k a month, plus money earns money. [/quote] Not saying everything will disappear, but still. It might not be invested well (nothing has done well in the stock market except the Magnificent Seven, for ex). They might fall prey to scammers when they decline. It's just not reasonable to spend money you don't have, especially if you say you are earning enough for your family. More vacations? Odd. When your parents eventually pass, the money might come in more useful paying for a house for your children or contributing to your grandchildren's education.[/quote]
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