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GOBankingRates
GOBankingRates
Laura Bogart

You Could Just Spend it All: Why More Retirees Are Planning To Leave Nothing Behind

shapecharge / Getty Images/iStockphoto

Movies and TV have ingrained the assumption that elders will leave enough money behind for their heirs to squabble over dramatically. Even if their family name doesn’t conjure images of champagne wishes and caviar dreams, many people still expect they’ll receive some money or other assets from their parents or grandparents.

They might end up disappointed.

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