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Expecting an Inheritance

Expecting an Inheritance

| October 08, 2019
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A recent HSBC study found that 51% of the people surveyed expect to inherit money from older family members.  Of this group, 25% believe that inheritance will largely or entirely fund their retirement.

A lot of people are going to be disappointed.  The survey of consumer finances found the average inheritance for families earning $250,000 a year is $51,400.  Not exactly enough to achieve financial stability.

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