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Sunday 19 September 2010

Parents won't have wealth to pass on,

A report by Absolute Strategy Research on behalf of Janus Capital based on the answers from 6010 Europeans has warned that future generations should not expect to inherite from their parents, to make up for the shortfall in their savings for retirement, as a direct result of the worst financial crisis since the 1930s.

If Mrs S & I have any money left when our time ends to pass on as an inheritance so be it, but that is not our goal, like the 42% of those questioned.

Read further conclusions here: Parents won't have wealth to pass on, report - Telegraph

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