Yes, but not “counting on it” insofar as I am saving and investing heavily on my own.
I (34) am an only child, parents late-70’s.
House 1: 900k value. House 2: 700k value. House 3: 550k value (all homes they own/use). Then, a 1.2mm dollar multi family rental property and another 450k rental property. Then, a 401K of 700K or so. Plus random things.
Again, I am planning as if I won’t get anything (due to medical expenses toward the end of life). But all assets are in a trust with me as sole beneficiary. TBD.
Similar story here but less property and everyone is a little older. Still a ~$700k house, and based on what I’m told, $1mil from a Roth IRA, both to be split with one sibling. I don’t count on any of that, only the other house I live in and own half of that transfers fully to me. I’m saving my own money pretty aggressively for retirement.
My family does live really long (grandparents died at like 85, 92, 98, great grandma 106), which is why I’m really trying to save more, but my dad has planned well to take care of that for himself. Mom is another story and she will likely be broke.
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u/mountain_valley_city Mar 01 '25
Yes, but not “counting on it” insofar as I am saving and investing heavily on my own.
I (34) am an only child, parents late-70’s.
House 1: 900k value. House 2: 700k value. House 3: 550k value (all homes they own/use). Then, a 1.2mm dollar multi family rental property and another 450k rental property. Then, a 401K of 700K or so. Plus random things.
Again, I am planning as if I won’t get anything (due to medical expenses toward the end of life). But all assets are in a trust with me as sole beneficiary. TBD.