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I think you're right and agree that it will be interesting to see how this unfolds. I have seen the meme going around about Boomers choosing to spend all their

I think you're right and agree that it will be interesting to see how this unfolds. I have seen the meme going around about Boomers choosing to spend all their wealth on vacations of luxury cars and leaving their kids almost nothing, but I personally haven't seen this in my own sphere, and it seems mostly like a campfire scary story for Millennials. My own parents refer to their wealth as if it is my money that they are stewarding for me, despite me not actually needing it.

hotpotamus 4y ago
Basically the same here. It's gotten to the point where I have to think about how much real estate my parents own, and they're just a pair of middle class people who never cracked six figure salaries but worked diligently at decent jobs and invested where possible. I hope to never need to inherit from them, but it would be a nice to have. I certainly don't envy Millenials or Gen Z who don't have family wealth - I don't think they'll have much chance to build the legacy our parents did.