Anonymous
Post 09/10/2023 05:24     Subject: Do you cut back on 401k/IRA saving if you expect to inherit millions?
We recently inherited 2 mil (this is after taxes). We are still both maxing our retirement contributions but if we needed the money we could stop or just invest up to the match. We will also have pensions of over 200k/year and have over 1.5 in retirement currently.

We mainly keep contributing because of the tax break but we will be fine in retirement.
Anonymous
Post 09/09/2023 21:54     Subject: Do you cut back on 401k/IRA saving if you expect to inherit millions?
Don't expect anything. I was promised that much and it's not going to happen. Never planned for it as until its in my name its meaningless.
Anonymous
Post 09/09/2023 21:51     Subject: Do you cut back on 401k/IRA saving if you expect to inherit millions?
I don't count on my inheritance (likely to be about $2-$3M) although I'd be lying if it wasn't in the back of my mind. I still max out retirement.
Anonymous
Post 09/09/2023 18:08     Subject: Do you cut back on 401k/IRA saving if you expect to inherit millions?
Never count your chickens before they hatch. Old age can be painfully expensive and suck millions from expected inheritance.
Anonymous
Post 09/09/2023 18:01     Subject: Do you cut back on 401k/IRA saving if you expect to inherit millions?
I am ignoring future inheritance (anywhere from $5-10m depending on my parents whims) and saving normally.