I can't find the link now, but at least in Australia this doesnt appear to true. We have a reverse mortgage system here, and the take up is extremely low ( I th

I can't find the link now, but at least in Australia this doesnt appear to true. We have a reverse mortgage system here, and the take up is extremely low ( I think it was <10,000 for the whole country). Particularly with house prices here being completely insane, parents very much want to leave houses to their children. I've also read multiple articles around how to get, or encouraging, retirees to be comfortable actually spending their retirement savings, rather than the interest/earnings from those savings, given its so hard to get a living income that way. I think the 'die broke' crowd will be limited to a very small sliver of any generation... those poor enough that they have a chance to actually spend all their money, but well off enough that their children own their own houses ( possibly debt free )