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Lucky for me my parents were both "I didn't save anything for retirement, my kids will take care of me when I'm older", so I don't have to suffer through this.

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[-] pelespirit@sh.itjust.works 46 points 2 days ago

I know poor and wealthy people in every generation. Why aren't we blaming the banks for the 08 crash, the politicians for taking away almost every social service and trying to take away more, and the psychopath CEOs who care about their dick measuring contests every quarter? This generational divide obscures the real issues.

[-] y0kai@lemmy.dbzer0.com 8 points 1 day ago

Lol my dad left me everything he had when he died. So, I got a truck.

When my mom goes, my sister and I might get to split a house we don't want that's on its third or fourth refinancing.

I guess if your parents don't have an inheritance to give you just never consider not getting one to be a problem.

[-] HeyThisIsntTheYMCA@lemmy.world 8 points 1 day ago

Suckers I inherited a cane from one side and a watercolor of a dog from the other. Behold my wealth and cry into your lentils. My lentils are salty enough.

[-] WhatYouNeed@lemmy.world 13 points 2 days ago

No one should expect to inherit anything when their loved ones die.

The worst people are those that are too lazy to build something on their own, but sit around praying for their parents death so they can inherited and live an easy life.

[-] Free_Opinions@feddit.uk 13 points 1 day ago

My aunt talked her mom out of kitchen remodel because it's going to cost so much (that she'll get smaller ineritance then) while my grandmom, who already spends most of her time alone at home then can't even spend her savings to make her surroundings a bit nicer.

[-] milicent_bystandr@lemm.ee 10 points 1 day ago

Lewis Carroll has an interesting piece about that. Brings up the point that if someone works hard to benefit the community, and their wealth represents the response of the community to repay that person's work, perhaps it's not unreasonable that that person's request is, "repay it to my children," i.e. inheritance.

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[-] Nougat@fedia.io 34 points 2 days ago

"I got mine."

[-] Free_Opinions@feddit.uk 20 points 2 days ago

What's infuriating about this? Why the heck should I inherit something I haven't worked for? I've always told my parents and grandparents that dying with an empty bank balance is the ideal way to go. Hell, preferably be in debt.

[-] unexposedhazard@discuss.tchncs.de 19 points 2 days ago* (last edited 2 days ago)

It comes from a time where your whole family lived in the same house and the kids eventually take care of their parents. In todays system where people usually dont live with their parents for very long, it doesnt really make sense anymore. People need money long before they get to the age where their parents die. Getting a bunch of money at 30, to establish a life/family, is much more useful and long term impactful than getting it at 50-60. So inheritance is a flawed idea from the start.

[-] clucose@lemmy.ml 17 points 2 days ago

Inheritance is a stepping stone to get out of poverty over generations. If the next generation can build upon it.

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[-] MITM0@lemmy.world 10 points 1 day ago

So the real question is, what should Millenials & Gen-Z do now

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[-] orgrinrt@lemmy.world 16 points 2 days ago* (last edited 2 days ago)

I never really considered an inheritance an option. Seems so off-worldly to me, even though I am by no means from a poor family, just lower middle class.

I think the entire concept of inheritance is something more prominent in developing countries like US or India, where there isn’t a well-established safety nets already in place by the government itself.

Of course we have inheritances too, I know a few who got something, but most of it gets taxed away upon receiving or vanishes covering the deceased’s debts, so I’ve never heard anyone I know get anything other than maybe a weekend vacation in the city next over or maybe a small chunk of student debt away.

Then again I’m not very well-off, and I do know there are the upper class families that have a long standing generational wealth passing over to the new generations. I guess it really depends on the circles one’s in.

But I still think it’s not as common here, at least I’ve never considered it to be normal, and I’ve known well people from upper middle class too.

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[-] Encode1307@lemm.ee 29 points 2 days ago

This is fucking dumb. I told my parents to spend it up. I'm not entitled to it

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[-] adarza@lemmy.ca 28 points 2 days ago

my kids will take care of me when I'm older

with what?

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[-] HubertManne@moist.catsweat.com 23 points 2 days ago

not eveyone get inheritances. what we need is social safety nets and to collect taxes on wealth.

[-] magnetosphere@fedia.io 24 points 2 days ago

I’m all for the average retiree spending freely and enjoying what they earned. They spent a lifetime working; it’s their money. Inheritance issues create way too many family disputes.

[-] hungryphrog@lemmy.blahaj.zone 15 points 2 days ago

Damn, I wish my parents had an inheritance to waste.

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this post was submitted on 22 Dec 2024
1031 points (94.2% liked)

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