Originally Posted by pb4uski
While we have told our kids not to expect any inheritance, the reality is that it is likely that they will receive [an] inheritance, not be because we intended it, but more because of the conservatism built into our plans which is at least in part intended to make sure that we will never be a financial burden to our children. That and LBYM flows through our veins and we find it difficult to splurge other than just every once in a while.
I'm surprised that more people haven't stated it.
We're not going to be happy unless we've got enough in the bank to pay for "some big emergency", (which is probably LTC expenses) so we won't be a burden on the kids. If we die without spending it, we'll be happy that the kids get it.
If we die young, they'll get more. That's okay, too.
AFAIK, the only way to be sure that you die with nothing, while not running out, is to annuitize everything. We decided against that.