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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]Inheritance is difficult to plan around, your parents could live another 20 years. The money belongs to them and they could spend or lose it all before you inherit it. It's all about risk tolerance though, you could increase your spend moderately since you have a high probability of having that support in retirement. [/quote] This. At the same time, we do splurge on vacations and we’re not expecting any such inheritance. I wouldn’t count on an inheritance but I would still splurge now and then cause life is short and unpredictable so live while you have a life. No one is assured to wake up tomorrow. You may live long enough to inherit or you may not.[/quote]
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