Is inheritance to your children part of your retirement fund plan?
I've sent my only child to two college degrees and even paid for her wedding.
I also started her Roth-IRA and contributed about 3 years into it.
After that, I made it clear that she and her husband are on their own.
If I and my wife dies early, my daughter can inherit a good amount, but I intend to spend it all in my retirement. It's mine alone.
Your opinion on this?
I've sent my only child to two college degrees and even paid for her wedding.
I also started her Roth-IRA and contributed about 3 years into it.
After that, I made it clear that she and her husband are on their own.
If I and my wife dies early, my daughter can inherit a good amount, but I intend to spend it all in my retirement. It's mine alone.
Your opinion on this?