Ep 49: Potential Inheritance: Include In Your Retirement Plan Or Not?

You live below your means and invest for your future ... similar to your parents. Now your parents are getting older, and it seems fairly clear they'll be leaving you an inheritance at some point. Meanwhile you're still working. Should you include the potential inheritance in your retirement plan?

Banking on an expected inheritance for your retirement plan involves risk. Hear Kevin discuss real-life cases where it was appropriate and another where it was too risky.

 

Timestamps:

6:25 - Market Update: We Are Not Out Of The Woods Yet

17:57 - Lean Towards The Conservative Side When Incorporating An Inheritance In Your Financial Plan

24:25 - 1st Client Case - Open Communication About Finances

30:03 - 2nd Client Case - Less Certainty About What The Future Holds

36:51 - 3rd Client Case - An Awkward Conversation Can Make A Great Impact On A Financial Plan