Expecting an inheritance and thinking that means you don't have to save for retirement? Think again. You don't know for sure the timing or size of your windfall, or whether you'll receive one at all.
The stock market is at record highs, and baby boomers hold $68 trillion to $84 trillion in wealth they intend to pass down in what is known as the Great Wealth Transfer. But they're also living longer and spending more, which reduces the amount left for heirs.
